Preston Foundation Grants
Mary Hicks Preston
Historical Improvement & Betterment Foundation
Types of Grants
Capacity Building
Funding that strengthens an organization so that it may better fulfill its mission
Capital
Funding for construction or equipment
Challenge
The Foundation and grant seeker agree on a program or operating goal for the grant seeker to reach; the Foundation rewards successful completion of goal
Matching
The Foundation agrees to match an amount that the grant seeker receives through fundraising
Operating
Mature organizations may be eligible for operating support upon establishing a threshold of core competency. Developing organizations may be eligible upon successful completion of a seed grant and after demonstrating a threshold of competency.
Project / Program
The Foundation awards a grant for a specific initiative or endeavor, not for general operating support.
Seed Money
The Foundation awards a grant to help launch a new project or initiative.
Criteria
In evaluating proposals, the following will be considered:
* Response to a need in the community
* Building long term capacity in the community
* Creating collaboration between organizations
* Use of an innovative approach or a proposal that acts as a catalyst for meeting future needs
* Geographic scope and population reach
elegant
Eligibility
The Mary Hicks Preston Historical Improvement and Betterment Foundation, Inc. will:
* Make grants to tax-exempt organizations with 501(c)(3) classification from the IRS;
* Make grants to municipalities;
* Make grants to faith-based organizations (please see special note on application);
* Make grants to civic organizations (proposals must be project-based and of a charitable nature, and the organization must have a fiscal agent that is a 501(c)(3) nonprofit organization);
* Make grants to public and private schools for projects that exceed the school’s budget funding.
