Foundation / Corporation
Horseshoe Foundation of Floyd County (HFFC)
08/31/18 11:30 PM EST - for Grants of up to $25,000; Major Grant applications are accepted throughout the year.
Grants of up to $25,000 and grants starting at $25,000 to Indiana nonprofits, government agencies, and educational institutions to benefit the residents of Floyd County and New Albany. Funding is intended for the following areas of focus: community development, education, human services, arts and cultural affairs, and health and medical services. Each of the focus areas is outlined below.
Community Development - to include support of projects and programs related to community infrastructure improvements, public safety, economic development, housing, historic preservation, citizen involvement, civic leadership training, and other general community activities.
Education - to include support for programs in preschool, elementary and secondary education, post-secondary education, and for special education programs.
Human Services - to include the support of human service related programs in the areas of children and youth, senior citizens, disadvantaged populations, etc.
Arts/Cultural Affairs - to include the support of programs and facilities which are designed to establish a diversified cultural program that offers wide-spread opportunities for participation and appreciation.
Health & Medical - to include the support of health and medical-related programs.
A major grant is defined as one which has a larger impact on the Floyd County community than grants submitted in the annual spring and fall cycles, exceeds the normal $25,000 limit and is not limited to the annual grant cycle time line. Major grants are submitted throughout the calendar year, and board decisions are made at the discretion of the board. The Board will consider each proposed major grant in relation to the other major grant concept papers which have been received.
A major grant is defined by the Board as one which:
- has a larger impact on the Floyd County community than grants submitted in annual spring and fall cycles;
- exceeds the normal $25,000 limit; and
- is not limited to the annual grant cycle time line.
GrantWatch ID#: 170670
Generally, grants will not exceed $25,000 other than on rare occasions due to their exceptional merits in terms of extreme emergencies, unusual broad community benefit, and/or major leveraging of other financial resources.
Major grants are $25,000 and above.
Grant applicants must qualify as exempt organizations under the Internal Revenue Service 501(c)(3) status or be sponsored by such an organization or qualify as governmental or educational entities or possess similar attributes. The Foundation verifies each organization’s status through the IRS Charitable Organization listing found on IRS.gov. All organizations must annual file the Form 990 to maintain current nonprofit status with the IRS.
Grants will be made only to organizations whose projects and programs benefit the residents of Floyd County and New Albany, Indiana. If serving clients from other geographic areas, the organization may be funded for that portion of its proposed project that directly serves Floyd County residents. Such grant applicant organizations must report the breakdown of its clients by county and/or state.
In the case of public schools, the principal of the school and the superintendent of the school system must approve and sign the online grant application.
The following listed projects will generally not be eligible for foundation grants:
- For school or organizational trips
- For any type of run, walk, dance-a-thon or fundraising event.
- For golf scrambles or similar events.
- For endowment funds;
- For fundraising expenses;
- For direct or indirect, administrative/operating expenses, (example of an indirect expense would be a % to another organization who is a fiscal agent);
- For projects that can/should be funded by public tax revenues;
- For educational scholarships since the Foundation has a separate scholarship program;
- For sectarian religious purposes exclusively but may be awarded to religious organizations for projects that benefit the broader community;
- For projects, programs, and/or equipment which were committed to prior to the grant applications being submitted;
- To attempt to influence legislation or to intervene in any political campaign (including the publishing or distribution of statements) on behalf of any candidate for public office.
Charitable organizations which serve Floyd County and are interested in learning more about the Horseshoe Foundation’s online grant application process are invited to attend a seminar on Tuesday, August 7th from 4:00 pm until 5:00 pm. The meeting will be held at the YMCA in the 3rd floor Lifespan board room, 33 State Street, New Albany. Registration is requested by calling 812-945-4332 or sending an e-mail to email@example.com to ensure enough materials are on hand.
During the grants seminar, staff will answer questions about the online grant process, how to make your proposal stand out, and pitfalls to avoid when submitting a grant application. Organizations that have never submitted an online application are invited to attend.
First semi-annual grants cycle:
March 31st - Grant application deadline
Mid-June - Notice to grant applicants of Board of Directors' actions.
Second semi-annual grants cycle:
August 31st - Grant applications deadline
Mid-November - Notice to grant applicants of Board of Directors' actions.
Grants will be awarded by the foundation in two semi-annual grants cycles in accordance with its published schedule. Emergency grant applications may be considered by the foundation in between these regular semi-annual grantmaking cycles based upon very compelling circumstances and/or special time constraints related to the respective grant requests as determined by the foundation's Board of Directors.
Grant applications that include the participation of other contributors by using challenge, matching, or similar grant techniques, are encouraged.
Some types of proposed projects, such as those for technology- related equipment, vehicles, and/or supplies and educational-related travel will generally be funded on a matching grant basis.
Organizations/agencies interested in submitting a major grant application are required to contact the executive director and submit a two-page concept paper.
An organization that receives a grant award from the foundation will not be eligible to receive another grant for 12 months after the award date. An organization receiving a major grant will not be eligible until after the final payment of the grant.
Information about Major Grants:
Before starting your grant application, please review the funding source's website listed below for updates/changes/addendums/conferences/LOIs.
Horseshoe Foundation of Floyd County, Inc.
33 State Street, Suite 344
New Albany, IN 47150
USA: Indiana: Floyd County and New Albany