The McInerny Foundation is seeking applications for its Major Capital Grant Program.
Donor Name: McInerny Foundation
States: Hawaii
County: All Counties
Type of Grant: Grant
Deadline: 07/01/2023
Details:
Major Capital requests may include capital campaigns, projects and equipment purchases with TOTAL costs of $500,000 and more.
- Major Capital grants may be provided for the purchase of equipment, renovations and construction of buildings; and occasionally for the purchase of land to protect the environment. McInerny Foundation does not provide grants for the purchase of real estate; nor does the foundation provide grants for deficit funding or for endowments.
- 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
Organizations must be exempt from federal taxes under Section 501(c) (3) of the Internal Revenue Code and be classified as a public charity.
Specific Eligibility Criteria
- Requires 100% Board of Director financial participation
- Funds available for project must be at least 25% of goal prior to grant submission
- Explicit criteria available for religious affiliated organizations
- Expenses must be validated
Note: Although permits are no longer required, McInerny Foundation may request specific permits if circumstances are warranted.
For more information, visit Bank of Hawaii.
