DELAWARE COMMUNITY FOUNDATION ANNOUNCES 2015 CAPITAL GRANTS
Delaware nonprofits are invited to apply for the Delaware Community Foundation’s 2015 Capital and Equipment Grants.
For 2015, approximately $250,000 will be awarded to qualified 501(c)(3) nonprofit organizations that serve Delawareans. Each grant request must be submitted electronically on a DCF 2015 Capital Grant Application Form or Equipment Grant Form, available at www.delcf.org. Please note that these are two separate application forms. Applications must be received no later than 4 p.m., Jan. 30, 2015.
Former capital grant recipients must wait for the completion of two grant cycles before applying for another capital grant, and multi-year capital campaigns can be funded only once by the DCF. Agencies receiving DCF grants must serve the state of Delaware and its residents without discrimination based on race, religion, gender, age, disability, national origin or sexual orientation.
Over the years, the DCF has awarded more than $4.4 million in capital and equipment grants, funded through the State of Delaware Fund and other field-of-interest endowments. Last year, the DCF allocated more than $250,000 in capital and equipment grants.
These grants support projects that have a lasting, positive impact on the population served by the organization. Capital grants may be used to fund construction, renovation or repair of buildings, and/or land purchases. Capital grants typically range from $5,000 to $20,000, with a $25,000 maximum.
Limited funding is allotted for the purchase of equipment. Equipment grants generally range from $2,000 to $7,000, with a maximum award of $10,000. Equipment grants are awarded only for items essential to the applicant organization’s delivery of services. Equipment is defined as portable items with a value of less than $10,000. Equipment grant applicants must complete a separate application.
“Capital grants enable nonprofit organizations to complete work that will benefit their communities for years to come,” DCF President and CEO Fred Sears said. “Each year, we receive dozens of applications, indicating a real need for help with capital projects that nonprofits’ funding doesn’t usually cover.”
DCF’s Grants Committee will submit recommendations for funding to the DCF Board of Directors in June 2015. Equipment grants are awarded in March, and capital grants are awarded in June. All applicants will be notified of the Board’s decision in writing by the end of June.
For more information, please contact Beth Bouchelle at 302.504.5239 or bbouchelle@delcf.org.
About the Delaware Community Foundation
The Delaware Community Foundation manages charitable funds for individuals, families, businesses and organizations, and distributes income from the funds as grants to humanitarian, educational, health and cultural entities throughout the First State and around the world. With more than 1,200 funds, $255 million in assets and annual grants of about $13 million, the Foundation provides a lasting source of charitable funding to benefit Delawareans today and for generations to come. Since 1986, the Foundation has been connecting people who care with the causes they care about, helping to make Delaware a better place to live and work. For information, please call 302.571.8004 or visit www.delcf.org.
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