The Matching Grant provides project-based funding on a matching basis, 80% of funding is provided by the Borough and the remaining 20% is provided by the organization.
Donor Name: Denali Borough
State: Alaska
County: Denali Borough (AK)
Type of Grant: Grant | Matching Grants
Deadline: 03/01/2024
Size of the Grant: $1000 to $10,000
Grant Duration: 2 Years
Details:
Denali Borough provides for a matching grant program to assist eligible nonprofit organizations by providing grant funds for specific local projects that will benefit citizens of the Denali Borough. The matching grant program will provide project based funding on a matching basis. The project must be completed within 15 months, and the Borough’s contribution to the project may not exceed 80% of the total project cost.
Funding Information
- Up to $75,000 in matching grant award funding may be granted annually dependent upon financial availability.
- A matching grant application must have a minimum request of $5,000.
- The performance period for nonconstruction projects will be 12 months beginning July 1st. The performance period for construction projects will be 15 months beginning July 1st.
Eligibility Criteria
Nonprofit organizations that serve some public or mutual benefit as opposed to benefiting only the owners, investors or members of the organization may apply under the nonprofit grant program.
Program Guidelines
- Organizations receiving other grants or monies from the Denali Borough may apply for the matching grant program.
- Grant projects must be administered by an eligible nonprofit organization.
- Grants are subject to an application process. Items to be included in the application packet:
- An application form prescribed by the borough;
- Copy of the current State of Alaska Nonprofit Corporation Entity Details for the organization;
- Copy of the organization’s IRS nonprofit determination letter;
- Minutes from the applicant organization meeting(s) recording board approval of the proposed project.
- Grant applications must be received at the borough office or postmarked no later than by the application deadline.
- Incomplete or late applications will not be forwarded to the matching grant selection committee.
- A 20 percent cash match by the applicant is required. The 20 percent match must be reported quarterly with receipts provided, and may not be used for labor costs or travel expenses. The 20 percent cash match must not be provided by funding from the Denali Borough. In-kind donations do not qualify toward the 20 percent match.
- Matching grants will not be awarded for administrative costs, operational costs of programs, or salaries and benefits related to direct services. The Denali Borough, by funding a matching grant project, accepts no responsibility for the project’s ongoing maintenance.
- Grant projects will not be funded retroactively.
- Grant funding shall be on a reimbursable basis. Upon proof of 20 percent match, direct vendor purchase (DVP) is available under the matching grant program. Grant funds may not be used for food, beverages, vehicle fuel, political advocacy, indirect purchases for gift cards, contractor cards, or other lines of credit.
- Any organization that has previously applied for and was awarded a grant under this chapter and failed to meet the obligations of the program may be disqualified for a period of two years. The organization may also be subject to civil action for recovery of any grant monies that may have been dispensed.
- Matching grants may be used in combination with nonborough grant programs.
For more information, visit Denali Borough.