GRANT APPLICATION GUIDELINES 2008

PURPOSE

The Glaser Family Charitable Foundation is a family foundation that was established in Ector, Texas in 2001. The foundation has a broad range of philanthropic interests. It is a non-profit organization whose goals are to provide a positive force in strengthening the education of children, youth, adults, and families, and to contribute to charitable, religious, and children’s health organizations. The Glaser Family Charitable Foundation can distribute grants only to qualified public entities or 501(c)(3) charities. The Foundation neither lends nor grants money to individuals.

ACTIVITIES

Scholarship grants – The Glaser Family Charitable Foundation seeks to identify and support students who combine academic promise with character and a commitment to their community. It is interested in assisting individuals to develop their talents, broaden their horizons, and fulfill their dreams through educational success. The program includes scholarships for all levels of post-secondary education available to students with average grades and above, and with at least 80% of the scholarships being awarded to Fannin County students.

Charitable grants – The Glaser Family Charitable Foundation will make grants to various local and national public charities and organizations. Of special interest to the Foundation will be educational organizations, religious groups, and organizations that benefit children’s health.

APPLICATION REQUIREMENTS AND REVIEW PROCESS

The Foundation strives to be responsive to the needs of all eligible organizations and considers requests of any amount. There is no formal application form.

Grants are accepted throughout the year 2008 and will be awarded in June (deadline for application by May 1) and in December (deadline for application by November 1).

Applicants will be notified whether or not their grant request is approved at that time. Each organization is limited to one application within a twelve-month period.

Applications should include:

A brief history of the organization and description of existing services (if applicable, please include website address, current programs and accomplishments, current number of staff, and volunteers, and current population served, e.g., number served per year, geographic location, socio-economic status, ethnicity, gender, or age)
A description of the proposed program
The specific dollar amount requested from the Foundation and date payment is needed
A list of all entities asked to give financial support to the proposed project (include their responses to date and dollar amount committed)
A project budget including income and expenses
Plans to support the project after the grant period (include projected income sources)
A plan to evaluate the project (please include measurable, time-specific goals, a description of information to be collected to measure progress and how that information will be collected.)
A list of trustees or directors and corporate officers that includes: titles for board of directors, profession, ethnicity and gender
Names and qualifications of staff involved with the proposed project
The organization’s current operating budget and year-to-date financial statements
The last certified audit (if a young agency, send the last fiscal year’s statements and the last IRS Form 990 filed)
A copy of the latest verification of tax-exempt status from the Internal Revenue Service under Section 170 of the IRS code

Only one, unbound application is needed. Receipt of application package is usually acknowledged within two weeks.

Please address grant correspondence to:

Cindy Bankston, Executive Director

Glaser Family Charitable Foundation

1200 Ranch Dr.

Bonham, Texas 75418

903-583-4241

903-640-4600 (fax)

cbankston@gcsi-llc.com (e-mail)