Criteria for Giving and Restrictions

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Criteria for Giving

  1. Except for scholarship grants, an applicant for donated funds must be an IRS approved 501(c)(3) organization.

  2. The Foundation’s geographic service area is Oneonta, NY and immediate surrounding area.

  3. An applicant must file an official Foundation application and/or scholarship application.  Foundation applications will be accepted by the first day of each month received with formal action by the Foundation within 45 days of applications receipt.  Scholarship applications must be received by April 30 of each scholarship year.

  4. Funds will be awarded based on those requests that best fit the purpose of the Foundation.  Awarded scholarships will be made at the recommendation of a three member expert scholarship committee appointed by the Foundation Board.

  5. An organization awarded Foundation funds must provide an after program report to show the program’s impact and how Foundation funds were essential to the program.

  6. Individuals receiving a Foundation scholarship must provide a short summary of their scholastic accomplishments at the close of the school year following the receipt of their scholarship.

What types of organizations or programs are not eligible for funding

  1. Individuals; [Except through scholarships]

  2. Capital campaigns or projects.

  3. Organizations not exempt under Section 501(c)(3) of the IRS code.

  4. Organizations outside the geographic service area, unless program benefits the service area.

  5. Sectarian purpose programs that promote religious doctrines or exclude participants based on religion.

  6. Political causes, candidates, organizations or campaigns.

  7. Organizations that discriminate on the basis of race, sex or religion.

  8. Organizations with a primary purpose of influencing legislation.

  9. Labor or fraternal groups.

  10. Endowments.

  11. Programs/organizations for which the Foundation is asked to serve as the sole funder.

    The Foundation requires a detailed after action report to include the scope of the planned program, pre program expectations, number of people served, total cost of the program and how Foundation funds were critical to the success of the program.  The report must be received by the Foundation within 30 days of the date of the program.