Kronkosky Charitable Foundation: Frequently Asked Questions






	The Kronkosky Charitable Foundation maintains a Conflict of Interest Policy for its staff to ensure independence and integrity in its recommendations to the Distribution Committee. Staff may not accept any form of compensation, gifts, or favors from any organization or representative that anticipates submitting a grant proposal to the Foundation, has submitted a proposal, or has received a grant. Further, the Foundation does not make grants to organizations on whose Board (governing or advisory) a member of its staff serves. Finally, the staff of the Foundation may not participate in fund-raising feasibility studies.


	10) What are the chances of being funded? Over 2004 and 2005, the Foundation received 269 Letters of Inquiry of which 112 were declined (42%). Of the 254 proposals considered by the Foundation’s Distribution Committee, 27 were declined (11%). The median grant awarded was $50,000 in 2005 and $45,000 in 2004. These statistics may not be representative of future decisions by the Foundation. The staff, however, expects that the process will continue to be competitive. 11) What will improve the chances of being funded? The Foundation is strategic in its approach to grant-making. Study the guidelines carefully to determine whether your project is clearly responsive to the Foundation's program goals. It is recommended that each applicant apply to the Foundation for its highest priority within the program goals of the Foundation. 12) What is the size of the grants awarded annually? The Foundation's largest grant in 2005 was in the amount of $500,000. However, the Foundation has not established a minimum or a maximum amount for a grant proposal. The larger the grant, however, the more important the applicant's ability to obtain multiple funding sources aside from the Foundation. 13) Will the foundation make multi-year grant awards? The Foundation has limited the number of multi-year grant awards. 14) May an organization submit a single request that simultaneously addresses more than one program goal? The Foundation believes that requests addressing more than one program goal, meeting the needs of more than one population, may be more effective than programs addressing only one program goal. 15) May an organization submit more than one request at a time? No, the Foundation will only consider a single Letter of Inquiry from an organization. 16) May an organization receive more than one grant? Only on rare occasions will the Foundation fund an organization more than one current grant. Such an occasion would be when, in addition to receiving a grant supporting its own institutional priority, an organization may receive a grant pursuant to an initiative of the Foundation. 17) Is it the "entity" or the program activities that must relate to one or more of the foundation's program goals? A program or project will be considered if the activity relates specifically to one or more of the Foundation's Program Goals regardless of the principal activity of the 501(c)(3) entity. 18) How will you handle multiple proposals from university and/or school district departments? Each school district or university will be considered a single organization. If multiple requests are received by the Foundation, the university or school district will be expected to prioritize them. Generally, the Foundation will award no more than one grant to an organization per year.