GRANTMAKING POLICIES

GRANTMAKING – FISCAL YEAR 2007-08

2007-2008 Grantmaking Total - $695,000

2007-2008 Commitments

• Mary Immaculate Hospital - $30,000
• Bernardine Sisters of the Third Order of St. Francis - $165,000

2007-2008 Local Community Funding - $500,000

1. Major Project – Extension of S.O.S. to Gloucester and the Middle Peninsula ($50,000 one time request from Bay Aging)
2. Funding to support programs/projects which the Foundation has in some way been responsible for bringing/helping to bring into existence
   • Protect Our Kids conducted by Transitions Family Violence Services - $20,000
   • S.O.S. (Senior Outreach to Services) conducted by the Peninsula Agency on Aging - $20,000
3. ARC of the Virginia Peninsula - $10,000 for the Recreation Program for People with Developmental Disabilities
4. Single-year Funding (salary, program/project, technology) -  (maximum request is $25,000)
5. Multi-year Funding (salary, program/project, technology) – (maximum request is $15,000)  The amount granted in 2007-08 will be awarded in 2008-09 and 2009-10.  The awarding of the grant in the two subsequent years will be dependent upon the successful completion of the items in the Statement of Agreement.
6. Core Operating Support Funding – (maximum request is $10,000)  This funding helps underwrite the day-to-day infrastructure and basic organizational costs that enable an organization to carry out its mission.
7. Discretionary Funds - $4,000
8. Social Enterprise Workshop - $1,000

2007-08 Timeline

• August 24, 2007
  Grant Application Process Announcement
• September 28, 2007
  Grant Applications for Multi-year Funding
• November 2, 2007
  Grant Applications for Single-year Funding
• December 7, 2007
  Grant Applications for Core Operating Support

Applications are to be brought to the office of the Bernardine Franciscan Sisters Foundation during business hours, 9:00am – 5:00pm.

• January 28, 2008
  Grant awards will be made by the Board of Directors of the Bernardine Franciscan Sisters Foundation

Discretionary Funds:  These funds may be applied for at any time during the Foundation’s fiscal year. 

• An agency applying for funding submits a letter to the Foundation indicating the amount requested and the purpose(s) for which the funds will be used.
• An agency, which is awarded Discretionary Funds, must sign the Bernardine Franciscan Sisters Foundation’s Statement of Agreement before receiving the funds.