Guidelines

• Grants are made to eligible, non-profit organizations which are exempt from federal taxation under 501(c)(3) of the Internal Revenue Code.
  
  
• Grants will not be made to individuals or endowments.
  
  
• Grants will be made for periods of up to three years.
  
  
• Grants will be made to capital projects as well as seed money grants, with priority to worthy seed money grants.
  
  
• Preference will be given to grants made on a challenge or matching basis. The Foundation will place a high priority upon challenge grants which will stimulate the community to action to meet needs which the Trustees perceive as not being met by charitable institutions in the community.
  
  
• The fact that a particular institution or project does not have wide popular appeal may give it a higher priority than one equally worthy, which has broad public appeal.
  
  
• Under special circumstances the Foundation will contribute to the annual operating budget or fund an operating deficit of an organization.
  
  
• Preference will be given if at least five (5) years have elapsed from the date of making final payment of a grant to an organization or project before the Foundation will consider a proposal for an additional grant.
  
  
• Grants will only be awarded to organizations in the state of Virginia, with preference to those in the Richmond area.