Operation Round Up Grant Guidelines
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Iowa Lakes Electric Members Charitable Foundation
Operation Round Up
GRANT Guidelines
PURPOSE
Funds for Operation Round Up are voluntarily donated by Iowa Lakes Electric Cooperative member-owners and its employees. Operation Round Up contributions will be used primarily in the local area served by the Cooperative for charitable and educational purposes.
ELIGIBILITY
- Contributions will generally be made to non-profit, civic or community-based organizations that demonstrate a commitment to enhance the quality of life in the region.
- Projects should fit in one or more of these categories: Community Service, Economic Development, Education and/or Youth, Environment, Disaster Relief.
- Applications must be submitted on Official Iowa Lakes Electric Members Charitable Foundation Application forms.
RESTRICTIONS
- Contributions will generally be made to non-profit organizations that have been granted tax-exempt status under IRS Code Section 501(c) ( ).
- Contributions will generally not be made for:
- Lobbying, political and religious organizations or highly sensitive/controversial events.
- Fraternal and labor organizations.
- Fundraising dinners, raffles and other events.
- Individuals.
- Capital fund campaigns.
- National fund drives.
- Advertising.
- Ongoing operational expenses.
- Grants will not normally exceed $10,000 for any one group, organization or charity.
EVALUATION FACTORS
- The following factors will be considered in the evaluation of all funding requests:
- Potential benefit to area residents and the entire community.
- Level of community support for the program or project.
- Administrative capability of the organization to deliver quality service or program.
- Results that are predictable and can be evaluated.
REQUIREMENTS/CHECKLIST (Applications not meeting all of these requirements will not be considered).
○ Completed application form.
○ Completed budget form showing how requested funds will be spent (include bids, quotes, pricing, etc.)
○ Copy of 501 (c) ( ) or non-profit status letter (letter of determination from the IRS).
○ Copy of IRS 990 (pages 1 and 2 only) for the previous year must be provided.
○ Please provide three letters of recommendation or support.
To apply for Operation Round Up grant funds, please complete the electronic application on this page below. A printable application is also available by clicking on the orange button. You will be required to complete the Proposed Budget Form (green button) and include with your application.
Electronic Operation Round Up Application
