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Funding

FUNDING GUIDELINES

Applications for funding are considered for those organizations that work within the Foundation’s mandated area of effort, namely the health, education and safety of the community at large. These include, but may not be limited to, registered not-for-profit organizations, hospital foundations, fire departments, crime prevention organizations, police departments, schools and locally registered volunteer groups.

The Foundation also considers funding for organizations that work on research projects involving diseases and other health related matters. The cure of disease and/or the treatment of patients with life threatening illnesses are also considered for funding support where appropriate.

The Foundation provides project and program funding only and will NOT offer operational grants to those organizations requesting funds, i.e. the Foundation will not pay monthly operating expenses such as phone bills, salaries, etc,.

Applications for funding must be presented in writing and must detail the costs of a project through a budget breakdown where applicable. It should also outline the benefits to be gained by the community from the effort. Timelines to project completion and management details should also be provided. First time applications must be accompanied by the most recent annual report, financial statements and proof of registered charitable status.

The Foundation may consider participating in fund raising efforts undertaken by a charity and may finance fundraising efforts on behalf of qualifying organizations. Agreements may involve a joint sharing of risk and profits but may also include outright funding grants to finance activities for these qualifying charities.

Contributions over $1,000.00 will be made to qualifying groups when approved by the Board of Directors. This will occur at quarterly scheduled meetings or may be approved via “voice” vote as recorded by the Executive Director of the Foundation.

Donations of under $1,000.00 may be granted to qualifying organizations with the approval of the Executive Director and one other of the Executive members.

Funds will not be released to individuals for any reason or to ad-hoc groups without formal registration. Sports teams, etc, will not be considered for funding support. Travel grants to individuals will not be considered by the Board.

Application Deadline                           VOCM Cares Board Meeting                Charity Notification
Last Friday in September                     October                                              End of October

Last Friday in January                          February                                            End of February

Last Friday in May                               June                                                  End June


  [ Download Funding Application Form.doc ]

 

For a list of approved funding in 2010-2011 click [ here]


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