Sponsor Application Guidance

Foundations

A Foundation is a tax-exempt entity that makes grants to other organizations conducting charitable work. There are two types of foundations recognized by the Internal Revenue Service: private foundations and public foundations. Private foundations receive almost all of their funds from a single source, whether an individual, a family, or a corporation. Public foundations, such as community foundations, receive funding from multiple sources, which may include individuals, government agencies, or even private foundations. A public foundation must continually secure funding in order to maintain its public status.

Funding Opportunities

Foundation Center www.foundationcenter.org

Principal Investigator (PI) Responsibilities

If you are interested in applying for a grant through a Foundation, please visit their website to read their current news and events.

Each announcement may differ on necessary forms and proposal instructions. Carefully read the solicitation for requirements on eligibility, budget forms, line item restrictions, key personnel responsibilities, facilities and administrative costs limitations (F&A)*, signature obligations, etc.

*Please note, the facilities and administrative costs (indirect costs) must be published on the Foundation’s website or in the request for proposal. If not, please inquire about their policy and provide written (e-mail, etc.) documentation to your budget manager.   Also note that the F&A costs paid by the Foundation may be less than BNL’s full rate.