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 the following 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)(3).
Contributions will generally not be made for:
1. Lobbying, political and religious organizations or highly sensitive/controversial events.
2. Fraternal and labor organizations.
3. Fundraising dinners, raffles and other events.
4. Individuals.
5. Capital fund campaigns.
6. National fund drives.
7. Advertising.
8. Ongoing operational expenses.
9. 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:
1. Potential benefit to area residents and the entire community.
2. Level of community support for the program or project.
3. Administrative capability of the organization to deliver quality service program.
4. 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 (including bids, quotes, pricing, etc.)
Copy of 501c (3) 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.

Proposed Budget Form

Printable Application

Electronic Operation Round Up Application

Today's Date

Name of Organization

Street Address

City

State

Zip Code

Phone

County

Contact Person & Title

If answered yes above, indicate most recent date grant was received and what project was funded.

Is the organization requesting funding exempt from payment of income tax? Type yes or no. If yes, a copy of letter (Form 501(c)3) from Internal Revenue Service must be attach.

Upload File

Project Title

Project Start Date

Project End Date

Grant amount requested?

Upload completed Proposed Budget form provided above

Upload File

What would this funding pay for?

Statement of project purpose.

Number of people in the community who will benefit from this project:

Geographic area to be served by project:

Is area served by a utility other than Iowa Lakes Electric Cooperative?

How will the project benefit the community or area?

Other revenue sources and/or demonstrated community support for the project:

If Operation Round Up were only able to fund a portion of the amount requested, would the project be able to proceed?

What are the measurements of success for the project?

Will Iowa Lakes Electric Members Charitable Foundation be recognized for its support of this project?

Upload a copy of IRS 990 (pages 1 and 2 only) for previous year. Must be provided.

Upload File

Submit Letters of Recommendation (1 of 3)

Upload File

Submit Letters of Recommendation (2 of 3)

Upload File

Submit Letters of Recommendation (3 of 3)

Upload File

By signing my name in the signature box below, I understand that the information contained in this statement is for the purpose of obtaining funding from the Iowa Lakes Electric Members Charitable Foundation on behalf of the undersigned. I understand that the information provided herein is used in the decision to grant funding, and by signing I understand this represents and warrants that the information provided is true and correct until a written notice of change is provided. The Iowa Lakes Electric Members Charitable Foundation is authorized to make all inquiries deemed necessary to verify the accuracy of the statements made herein. As a condition of receiving and accepting these grant funds, the undersigned agrees that all funds will be used for the project approved and as stated on the application. Any funds not used shall be returned to the Iowa Lakes Members Charitable Foundation and as a grant from the Iowa Lakes Electric Members Charitable Foundation, this project should be completed and funds utilized within one year of this notification. I agree to the terms stated above.

I agree to the terms & conditions

Organization Name

Today's Date

Thanks for submitting!

Iowa Lakes Electric Members Charitable Foundation Operation Round Up GRANT Guidelines

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

Iowa Lakes Electric Members Charitable Foundation
Operation Round Up
GRANT Guidelines