Guidelines
1. No grant shall exceed $30,000 in any
calender year, and all applicatinos for grants must be processed on-line.
2. Grantees must be charitable organizations qualified under Section
501(C)(3) of the Internal Revenue Code and must present proof thereof.
Grantees may not be private foundations or individual persons.
3. Grantees must be legal entities located in the State of Rhode Island,
and be actively engaged in charitable endeavors and activities in the
State of Rhode Island.
4. Regional programs will only be considered for grants if there is a
measurable way to monitor and document activity with the State of Rhode
Island.
5. Grantees must operate to enhance the quality of life of Rhode Islanders,
promote social welfare in the state, or assist the people of Rhode Island
such as in the areas of housing, health, education, or similar activities.
6. There shall be two funding cycles per year - one in May and one in
November. The Executive Director of the Trust shall recieve all applications
by February 1 and August 1 preceding the funding cycle. The Trust will
not accept applications for 18 months from organizations which had previously
been granted funding.
7. The Trust will not make grants for the purpose of adding to endowment
funds, will not make loans, will not make grants to reduce a prior year’s
deficit, and will not make grants that will be re-distributed to other
charities.
8. It is the policy of the Trust to not fund regular operating expenses
of groups or fund the personnel costs of research.
9. Any 501(C)(3) agency or organization applying to the Trust must be
in operation for two consecutive years before applying.