Funding Policies

10. What are the chances of being funded?

During the calendar years 2016 through 2018, the Foundation received 569 Letters of Inquiry of which 321 were declined (56%). Of the 338 proposals considered by the Foundation’s Distribution Committee, 9 were declined (3%). The median grant awarded was $75,000 in 2017 and 2018, and $90,000 in 2016. 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 2018 was in the amount of $750,000 on three separate occasions for grants to organizations providing services to the disabled, substance abuse treatment, and diabetes research. The average grant amount was $133,448, with $75,000 being the median. 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. What is the GuideStar Exchange Program?

The GuideStar Exchange Program is an offering which allows nonprofits to upload and input a wealth of up-to-date information, much of which is currently requested by the Kronkosky Charitable Foundation and other funders in their grant applications.

17. Why is GuideStar Exchange Program membership a requirement?

The Kronkosky Charitable Foundation has decided to implement this requirement for all of our grantees for the purposes of (1) increasing the transparency of nonprofit organizations in our service area and (2) reducing the paperwork associated with grant applications submitted to the Foundation.

18. What information will the Kronkosky Charitable Foundation be looking for on GuideStar?

The GuideStar Exchange Program currently provides the ability for a nonprofit to upload three years of financial statements audited or reviewed by independent auditors and three years of the Form 990 IRS annual report. (The Form 990’s will be more current since they can be uploaded when filed by the nonprofit rather than going through the IRS first). All of these uploads are required by the Foundation. For nonprofits which do not have auditor involvement, summary financial information is required. Additionally, the Foundation will look for your IRS Determination Letter in the Foundation Documents section.

19. 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.

20. 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.

21. 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.