Fund for Capital Improvements
The Osteopathic Heritage Foundation and The Columbus Foundation have formed a funding partnership to support capital campaigns and projects designed to improve the delivery, quality, and efficiency of nonprofit programs and services that serve vulnerable populations in central Ohio. Through the Capital Improvement Initiative, the Osteopathic Heritage Foundation and The Columbus Foundation will jointly solicit, review, and fund capital grants in support of established and effective local nonprofit organizations.
Requests that enhance and improve services and programs will be given high priority. Funding will be considered for:
- Capital Campaign: A time-limited fundraising effort with a financial goal to fund property acquisition, construction, or major renovation. Campaigns with a completed feasibility study will be the most competitive.
- Capital Project: A request for equipment or similar Items.
The typical grant is expected to be $50,000 to $100,000.
The most competitive applications will meet the following criteria:
- Capital Campaigns with a completed feasibility study.
- Capital Campaigns that have secured 60 percent of the campaign goal, or Capital Projects that have one or more funding partners committed at the time of application.
- Capital Campaigns that have a strong plan for funding ongoing operating expenses resulting from the completion of the new capital investments.
The following applications are not likely to be considered for funding:
- Requests to support vehicles.
- Requests to support deferred maintenance.
- Requests for furnishings or technology, unless included in a significantly comprehensive capital campaign request.
- Multiyear requests.
Grant Application Process
- Access, complete, and submit the Letter of Intent (LOI) form online. The LOI form is accessible one month before the deadline.
- Letters of Intent must be submitted by Friday, June 6, 2014. Consult the events calendar for the specific deadline date.
- Only applications that best fit the Foundation’s grantmaking interests and are strongly competitive will be asked to submit a Full Proposal. Capital grants are highly competitive, with few of the Letters of Intent moving to the Full Application stage. Applicants will be notified of the Full Application deadline by e-mail.
- A complete and up-to-date PowerPhilanthropy portrait is required for submission of the Full Application.
- Organization audits are included in PowerPhilanthropy portraits; please refer to the Foundation’s Audit Requirement and Exemption Request Form (PDF).
- Grantees must submit a Final Report (PDF), due 30 days following the end of the grant period.
At this time, Foundation staff is not accepting meeting requests to discuss capital campaigns or projects. However, e-mail inquiries are welcome and may be sent to Ann Dodson. Meetings will be scheduled with nonprofits that submit a Letter of Intent that advances to a full proposal.
For technical assistance, contact Melissa Neely.