Foellinger Foundation announces support for limited asset improvement (LAI) project funds. This special grant opportunity is for the improvement or replacement of current assets or for the purchase of new assets. Foellinger Foundation has dedicated $500,000 for this grant opportunity.
To be eligible to apply for a limited asset improvement and replacement grant, an Allen-County based nonprofit organization must provide direct charitable services and have been a 501(c)(3) for a minimum of five consecutive years. Nonprofit organizations that meet these eligibility requirements may apply for up to $25,000.
Any organization that received an LAI grant in 2018 is not eligible to apply again. Other eligibility requirements are listed in the Q&A pages on the Foundation’s website.
Foellinger Foundation was founded on driving principles of integrity, accountability, responsibility and results. Our grantmaking strategy is built around selecting and strengthening effective organizations led by adaptive leaders. The Foundation’s work is rooted in the belief that being an effective foundation requires us to award grants in a manner that makes a tangible difference to the grant recipient, while remaining faithful to the intent of our donors. More specifically, the Foundation is interested in supporting those organizations that are mission-driven, well-governed and results-oriented.
The key to this special grant opportunity is effectiveness. Organizations applying for these funds must demonstrate how the items or projects for which funds are sought will make the organization more effective.
Applications may be found at www.foellinger.org/lai2019.