WESTERN SAN JUANS – The Telluride Foundation’s annual Community Grant application is now available, and regional nonprofit organizations are encouraged to apply. Grant applications are due Monday, Oct. 27 at 5 p.m.
As the largest grant funder on the Colorado Western Slope, the Telluride Foundation made over $2.8 million in grants in 2013 and has granted over $28 million in total since its inception in 2000. Last year, the Foundation awarded over $900,000 in Community Grants to 78 regional nonprofits, and it expects to award $1million this year.
At their July meeting, the Board of Directors made several strategic changes to the Foundation’s grant policies, including the following revisions: 1) expanding Community Grants to allow for capital grant requests; applicants can submit requests for up to $100,000 in capital funds one time in four years, after having already raised or having commitments for 30 percent of the capital project budget; 2) reinforcing nonprofit sustainability and financial health by encouraging financial reserves, diverse revenue streams, and earned income opportunities, in addition to reducing dependency on a single funder, such as the Telluride Foundation; the Foundation will increase nonprofit capacity building focused on financial health as well as implement a flexible policy to take one year off applying for a Community Grant during a five year period, starting in 2016; and 3) implementing grant outcomes and measuring outcomes as a basis for evaluating program performance and evaluating program efficiency.
The grant application, reporting and award process is entirely electronic, saving applicants’ time and resources and enabling the Foundation to gather and analyze critical information on organizational trends and program outcomes. A webinar to review the application and highlight new components, including a question and answer session with Foundation staff, will be held Friday, September 19 at 10 a.m. MST. Applicants are strongly encouraged to sign up for the live webinar on the Foundation’s website (Community Grants Page); applicants may also view the webinar, posted on the Foundation’s website, after the live session.
Complete grant guidelines and a link to the application form are available on the Foundation’s website, Community Grants page,www.telluridefoundation.org. Instructions for participation in the September 19th webinar are also posted on the Telluride Foundation’s website. If you have any questions regarding the grant guidelines or application, please contact April Montgomery, Programs Director at the Foundation at 728-8717 or firstname.lastname@example.org.
For more information on the Telluride Foundation, visitwww.telluridefoundation.org.