The McInerny Foundation is inviting application for its General Capital Grants to provide small capital projects, equipment, or renovations with total costs of less than $500,000.
Donor Name: McInerny Foundation
State: Hawaii
Type of Grant: Grant
Deadline: Ongoing
Details:
General Capital requests are for projects or equipment having a total cost under $500,000; however at the discretion of the foundation’s grants administrator, projects or purchases of certain values and scope may be treated as large capital projects and subject to the guideline criteria for large capital.
- General Capital grants are provided for FF&E (furniture, fixtures, & equipment), renovations and/or small construction projects. Projects requiring permits must be filed PRIOR to submitting a grant application.
- McInerny Foundation does not provide grants for the purchase of real estate; nor does the foundation provide grants for deficit funding or for endowments, or to organizations that “re-grant” McInerny Foundation funds.
- Generally, the Foundation prefers to be one of several contributors, expecting the organization to acquire needed funds from several sources to assure the project is completed at a specific time and/or in a timely manner.
- In the interest of public causes, McInerny Foundation has long required that all (100%) board of directors of an organization make a personal annual financial contribution, at some level, to the support of the organization; in addition to participating in fundraising activities. Directors are also required to attend Board meetings, volunteer work when needed, and make significant efforts to gain community and business support.
- Some other factors considered in reviewing a proposal are:
- The community’s need for the proposed project in relation to other similar activities
- Reasonableness of the project’s income/expenditure budget
- Ability of the applicant to obtain entire funding and complete the proposed project.
Fields of Interest
- Arts & Culture
- Community
- Education
- Environment
- Health
- Human Services
Eligibility Criteria
- McInerny Foundation provides grants to organizations benefiting the people of Hawaii. Organizations must be exempt from federal taxes under Section 501(c) (3) of the Internal Revenue Code and be classified as a public charity. The McInerny Foundation trust document specifically excludes support to churches, religious entities and organizations which proselytize, encourage theology, sectarianism, spiritualism, religion or any system of religious worship.
- The Distribution Committee accepts only one request a year from an organization.
- Specific Eligibility Criteria
- Requires 100% Board of Director financial participation
- Explicit criteria for religious affiliated organizations
- Validation of expenses.
For more information, visit McInerny Foundation.
