The Lilly Endowment Challenge 2017 Grant Guidelines and Application Form

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1 The Lilly Endowment Challenge 2017 Grant Guidelines and Application Form WHAT IS CUMBERLAND COMMUNITY FOUNDATION? Cumberland Community Foundation is a nonprofit (501(c)(3)) charitable foundation established in 1980 by Dr. Lucile Hutaff with a gift of $576,840. Today, Cumberland Community Foundation s assets exceed $77 million in more than 500 grantmaking funds. Many of these grantmaking funds support specific charitable causes chosen by the donors who establish them; ranging from scholarships to designated charities to very specific charitable programs. What is the Lilly Endowment Challenge Grant Program? The Lilly Endowment Challenge Grant Program of Cumberland Community Foundation is made possible by the Ashton W. Lilly Fund for Philanthropy, a charitable fund created in honor of the great philanthropy of the late Ashton Wilson Lilly. The program is designed to assist non-profit organizations to build sustainable support through permanent endowment funds with Cumberland Community Foundation ELIGIBILITY Cumberland Community Foundation welcomes grant requests from nonprofit organizations that are: Located in and provide services to Cumberland County; and Classified as a traditional public charitable organizations in IRS Subsection 501(c)(3), Section 509(a)(1); or Qualified government agencies. If the organization is operating under a different IRS section, that must be indicated on the application. This grant program will accept applications from Level 3 Endowment Partners that have: An active endowment committee including two or more board members A track record of naming Cumberland Community Foundation, Inc. as the endowment building partner in any endowment related communication OR A board resolution naming Cumberland Community Foundation, Inc. as sole endowment partner A board-adopted endowment goal (new gifts of $100,000 or more over five years) An endowment brochure directing endowment gifts to Cumberland Community Foundation, Inc. Giving to endowment by at least 50% of the agency s current board of directors within the last 3 years Page 1 of 5

2 The foundation s grant awards committee will give funding priority to organizations that have: Proven board / volunteer engagement in endowment building in the last two years. Track record of soliciting gifts to the endowment using accurate giving instructions that promote the partnership with Cumberland Community Foundation. Past participation by applicant s endowment committee members in one or more of the foundation s planned giving and endowment building workshops. APPLICATION GUIDELINES Your endowment challenge request may be any amount up to $50,000. The challenge match is over two years. If your organization is selected and you are successful in raising the amount you choose, Cumberland Community Foundation will match this amount with an approved ratio. Example: Your endowment match request was $25,000 and you were awarded a 1:1 match. You will raise a total of $25,000 and receive a $25,000 match in the two-year period. The dollars you raise, and the matching dollars supplied by the Foundation, will be placed into the endowment fund owned, held, and managed by Cumberland Community Foundation, Inc. for the designated benefit of your non-profit organization. Organizations should be clear that an endowment fund is not an operating reserve. The purpose of this challenge grant is to build permanent endowment assets; therefore, gifts to the endowment fund may never be taken back by the agency to meet current or capital needs. LOBBYING THE BOARD Lobbying addressed directly to a Foundation board member, staff, or committee member is considered inappropriate. Cumberland Community Foundation s board, staff, and volunteers have all signed Conflict of Interest statements and are committed to upholding the highest standards in this area. Applications must be received by August 10, 2017 at 5pm. By mail to: Kimmi Nettles, Cumberland Community Foundation, PO Box 2345, Fayetteville, NC Deliver in person between 9am and 2pm, Monday Friday at: Kimmi Nettles, Cumberland Community Foundation, 308 Green Street, Fayetteville, NC Parking and entrance in the back Questions? Register for a Grantseeker Information Meeting by contacting Robin DePew at (910) x101 or Robin@CumberlandCF.Org. Visit for the meeting schedule. Page 2 of 5

3 2017 Lilly Endowment Challenge Application Name of Organization (per NC Sec. of State at sosnc.gov): EIN #: Name called, if different: Mailing Address: Physical Address: (blank if same) CEO/Executive Director/President: Phone Number and Extension: FAX: Website Address: Program Grant Contact (if different from CEO): Phone Number and Extension: Name of Endowment Fund to Receive the Match: (If Applicant has more than one agency endowment at CCF) Names of Endowment Committee Chair (or Co-Chairs): Match Requested: $ Total Campaign Goal: $ Campaign Timeframe*: *Meaning, the goal is over what period of time? Application submitted to Cumberland Community Foundation, Inc. by: Grantee Legal Name CEO/ Executive Director Date: Page 3 of 5

4 Cumberland Community Foundation The Lilly Endowment Challenge Application Questions Please respond to the following questions. Maximum length is two pages. Minimum 12pt font. Do not staple, bind, or clip documents. 1. If applicant has received one or more Community Grants from CCF in the last two years: a. Are all reports current? If no, do not apply until all grant reports are current. b. Did applicant comply with the communications agreement for those grants? If no, do not apply. Instead, submit a plan to remedy the discrepancy. If yes, attach evidence of acknowledgements of CCF as funder of the program or project. 2. Does applicant have an endowment brochure naming Cumberland Community Foundation as endowment partner and providing accurate giving instructions? If no, do not apply until applicant has a brochure and a history of sharing it with prospective donors. If yes, describe how the brochure has been distributed to prospective donors in the past. 3. State the total endowment campaign goal over what period of years. $x goal Campaign will run from mm/dd/yy to mm/dd/yy 4. How much are you seeking for the Lilly Endowment Challenge with this application? (Total program budget for 2017/2018 is $50,000. CCF may award $25,000 challenges or one $50,000 challenge.) 5. What is the reason for choosing this time to apply for the Lilly Endowment Challenge and how did applicant arrive at the endowment goal amount? 6. Describe applicant s endowment campaign leadership and activities. (Note: Applicants with board led endowment work will have a significant priority over staff-driven campaigns.) a. Name the chair / co-chairs of the applicant s endowment campaign. b. Name the applicant s endowment committee members (board and nonboard volunteers). c. Describe in detail the applicant s endowment committee s work over the last 12 months, if any. d. Describe the future plans for the applicant s endowment committee and the month-by-month timeline / action plan for at least 12 months. e. What is the role of applicant s staff in growing the endowment assets? 7. What percentage of the applicant s current board has given to the endowment fund at CCF within the past three years? (Applicant s Executive Director may request a gift history from CCF if needed to answer this question) 8. Name the applicant s volunteers and staff members who have attended planned giving training offered by CCF. Page 4 of 5

5 Optional questions that may be an indicator of readiness to build endowment: 9. How much did individuals donate to applicant organization last year? $total (not names) 10. How many individuals gave directly to applicant organization last year? #total (not names) 11. How many of these donors have given multiple times in the last five years? Include those making annual gifts, event sponsorships, membership fees over and above standard membership (such as Patron status), and campaign gifts from individuals. Do not include ticket sales. #total (not names) 12. Is the applicant aware of any current or past board members who have an endowment gift in their wills or other estate plans? If yes, how many? Form as of June 26, 2017 Page 5 of 5

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