How to Prepare a Tier 1 Application
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Transcript of How to Prepare a Tier 1 Application
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Rasmuson Foundation
Working as a catalyst to promote a better life for Alaskans.
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Tier 1 GrantsRequests of up to $25,000:• Applications accepted and reviewed year-round; • Awards made monthly;• Includes capital, technology, capacity building, program expansion and creative
works.
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2011 Grantmaking
90 Tier 1 grants awarded; Over $1.6 million awarded to Alaska-based organizations. ( a $17,777
average); About 60% of grants made to organizations outside of Anchorage.
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Goals for 2012
Increase number of awards made by 25%; Increase total amount awarded to $2.23 million.
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Who we fund
Alaska-based 501(c)(3)s or government agencies with year-plus of financials
Who We Don’t Fund: Generally, schools and churches Individuals (except for Individual Artist Awards); Organizations planning to redistribute funds;
Politically-affiliated organizations;
Discriminatory organizations;
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What we don’t fund
Core government functions such as roads, utilities, and public safety; Operating expenses; Deficits, or debt reduction; Endowments; Scholarships; Fund-raising events or sponsorships; Reimbursement for items already purchased; Emerging technologies.
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Evaluation Criteria
Organizational track record; Fiscal and management capacity; An active board; Community support and benefit; Sources of financial support; Project implementation and sustainability feasibility.
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How it works
Grants are processed within 90 days; You can have 1 open Tier 1 grant at a time; Project has to be completed within 1 year – no extensions! Easy reporting process
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Things to think about:
100% board giving
Community benefit
Funding diversity
Right request? Operating expense vs. capital project
Project ready to go
Call first
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Types of Grants: Capital Grants
Great way to start a relationship with the Foundation; 80% (65) of the 90 grants were for capital/renovations.
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Bunnell Street Arts Center
Project Budget:
Rasmuson Foundation $9,000Old Inlet Trading Post $5,000Volunteer labor $2,800Bunnell Street Arts Center $1,200Total Project $18,000
• Description: Gallery improvements and furniture
Application Strengths:• Volunteer labor significantly lowered project cost; • Respected organization
Tip: Lease terms – spell them out.
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Girdwood Nordic Ski Club
Girdwood 20/20Anchorage HLBIndividualsState of Alaska Parks & Rec Anchorage Parks & Rec National Park Service Moose’s Tooth Alpine Air Alaska
Trail construction • Secured funding: $351,929 • Rasmuson Contribution: $18,000
Application Strength• Amount of work done prior to Rasmuson ask;• Well-planned application.
Tip: Explain how you will maintain/sustain project.
Anchorage Trail CareAmerican Hiking Society Conoco Phillips GCI REI Atwood Foundation Wells Fargo U.S. Forest Service RAC
Funding Sources Contacted
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Kenai Peninsula Food Bank
Renovation of Fireweed Diner’s kitchen
Application Strength:• Organization provides obvious benefits to Alaskans;• Long history with the Foundation. First grant made in1997 for $3,300.
Tip: $25,000 awards are the exception.
Project Budget:
Rasmuson Foundation: $25,000Total Project $112,000
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Ionia
Project Budget:
Rasmuson Foundation: $20,092Mental Health Trust: $21,000Ionia: $8,950 Total Project $56,142
Installation of sprinkler system
Application Strengths:• Support from trusted partner and industry
expert;• Well-articulated need
Tip: Is there any way to partner on a project with another community organization?
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1. Start by calling staff;
2. The Foundation will pay for technology consultant
3. Applicant can submit a request after technology strategy/plan adopted.
Technology Requests
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Alaska Museum of Natural History
Project Budget:
Rasmuson Foundation $20,943Museum $3,130Total Project $24,073
Technology upgrades
Application Strength:• Technology replacement fund designated• 5-year plan in place
Tip: Technology consulting takes time andresources. Do you have enough of both takeadvantage of it?
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Capacity building
Funding to help organizations address critical internal issues. Examples include: Strategic/business planning, board development,
feasibility studies, audience development.
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Alaska SeaLife CenterSupport to attend out-state conference
Application Strengths: Request contributed to ASC’s pursuit of field
accreditation. Had significant dollars designated for travel and personnel development.
Tip: Request should be part of a development strategy. We do not like “stand alone” requests.
Project Budget:Rasmuson Foundation $5,000SeaLife Center $3,339Total Project $8,339
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Creative Works
Funding to support the creation and publication of films, documentaries, books, exhibits and other cultural works.
Strong Alaska-specific context
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University of Alaska FoundationUniversity of Alaska Press
Printing expenses to publish a book titled "My Wrangell Mountains”.
Application Strength: Unique subject matter
Tip: Requests commonly have an educational component
Project Budget:
Rasmuson Foundation: $25,000UA Press: $10,050Total Project $35,050
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Program Expansion
Funds to support growth into areas related to expertise; Broad impact.
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Anchorage MuseumDescription: True North Exhibit
Application Strengths:• Natural fit with what museum is already doing• Sector leader
Tip: These should be initiated by established organization
Project Budget:Rasmuson Foundation: $19,000Alaska Air $4,000BP $10,000Alaska Design Forum $5,000Total Project $38,000
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Rasmuson Online
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Connect with us
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Questions?
Call us: Jeff Baird, 297-2831
Rasmuson Foundationwww.rasmuson.org
301 West Northern Lights Blvd.Suite 400
Anchorage, AK 99503(907) 297-2700
(877) 366-2700 (toll-free within Alaska)[email protected]
Copies of this presentation:
www.slideshare.net/rasmusonfoundation