tier 1 training - fairbanks, feb. 9, 2012

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Rasmuson Foundation Working as a catalyst to promote a better life for Alaskans.

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A copy of the presentation given by Jeff Baird about changes and the outlook to Rasmuson Foundation's Tier 1 program.

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Page 1: Tier 1 Training - Fairbanks, Feb. 9, 2012

Rasmuson Foundation

Working as a catalyst to promote a better life for Alaskans.

Page 2: Tier 1 Training - Fairbanks, Feb. 9, 2012

Tier 1 Training Workshop

Jeff [email protected]

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Tier 1

Tier 2

Program Related Investments

Pre-Development Program

Art Acquisition Fund

Harper Arts Touring Fund

Arts in Education

Sabbatical

Individual Artist Awards

Grant Types

Page 4: Tier 1 Training - Fairbanks, Feb. 9, 2012

Tier 1 Grants

Up to $25,000

Awards made monthly

Capital, technology, capacity building, program expansion and creative works

Page 5: Tier 1 Training - Fairbanks, Feb. 9, 2012

• 90 Tier 1 grants awarded

• $1.6 million total ($17,777 average)

• 60% outside of Anchorage

Last Year

Page 6: Tier 1 Training - Fairbanks, Feb. 9, 2012

Goals for 2012Increase number of awards made by 25%

Increase total amount awarded to $2.23 million

Page 7: Tier 1 Training - Fairbanks, Feb. 9, 2012

Alaska-based 501(c)(3)s

Government agencies

Year-plus of financials

Who we fund

Page 8: Tier 1 Training - Fairbanks, Feb. 9, 2012

Who we don’t fundSchools and churches (generally)

Individuals (except for artists)

Organizations planning to redistribute funds

Politically-affiliated or discriminatory organizations

Government functions

Operating expenses

Deficits or debt reduction

Endowments, scholarships, events or sponsorships

Reimbursements for items already purchased;

Emerging technologies.

What we don’t fund

Page 9: Tier 1 Training - Fairbanks, Feb. 9, 2012

Evaluation CriteriaOrganizational track

record and capacity

An active board;

Community support and benefit;

Sources of financial support;

Project feasibility.

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90 day turnaround

Only one open Tier 1 at a time

Easy reporting process

Repeat

How it works

Page 11: Tier 1 Training - Fairbanks, Feb. 9, 2012

Think about:

100% board giving

Community benefit

Funding diversity

Right request? Operating expense vs. capital project

Readiness

Q? Call first

Page 12: Tier 1 Training - Fairbanks, Feb. 9, 2012

Types of Grants: Capital Grants

Great way to start a relationship with the Foundation; 80% (65) of the 90 grants were for capital/renovations.

Page 13: Tier 1 Training - Fairbanks, Feb. 9, 2012

Open Arms Child Development Center

Project Budget: Rasmuson Foundation: $13,320 Zion Lutheran Church $21,000 Plambeck’s Flooring $4,160 Total Project $38,480

Project description: Funding for new carpeting

Application Strength:• Strong support – 65% of funds generated locally;• Well articulated need – Kids + Nasty Carpet =

BAD!

Tip: Have you asked business for a nonprofit discount?

Page 14: Tier 1 Training - Fairbanks, Feb. 9, 2012

Girdwood Nordic Ski Club

Girdwood 20/20Anchorage HLBIndividualsState of Alaska Parks & Rec Anchorage Parks & Rec National Park Service Moose’s Tooth Alpine Air Alaska

Trail construction • Secured funding: $351,929 • Rasmuson Contribution: $18,000

Application Strength• Work done prior to Rasmuson – Project was ready to

go;• Ferocious fundraiser – wasn’t afraid of being told “no”

Tip: Explain how you will maintain/sustain project.

Anchorage Trail CareAmerican Hiking Society Conoco Phillips GCI REI Atwood Foundation Wells Fargo U.S. Forest Service RAC

Funding Sources Contacted

Page 15: Tier 1 Training - Fairbanks, Feb. 9, 2012

Calypso Farm & Ecology Center

Project Budget:Rasmuson Foundation: $13,912Calypso (in-kind): $9,375Calypso (cash): $1,024 School District: $100Total Project $24,511

Patio construction and building renovation

Application Strengths:• Reputation of organization – “doing amazing

work”• Volunteer labor • Partnership with school;

Tip: Is there any way to partner on a project with another community organization?

Page 16: Tier 1 Training - Fairbanks, Feb. 9, 2012

Kenai Peninsula Food Bank

Renovation of Fireweed Diner’s kitchen

Application Strength:• Organization provides obvious benefits to Alaskans;• Long history with the Foundation. First grant made in1997 for $3,300.

Tip: $25,000 awards are the exception.

Project Budget:

Rasmuson Foundation: $25,000Total Project $112,000

Page 17: Tier 1 Training - Fairbanks, Feb. 9, 2012

1. Start by calling staff;

2. The Foundation will pay for technology consultant

3. Applicant can submit a request after technology strategy/plan adopted.

Technology Requests

Page 18: Tier 1 Training - Fairbanks, Feb. 9, 2012

Fairbanks Rescue Mission

Project Budget:

Rasmuson Foundation $18,819 Rescue Mission $20,315

Total Project $39,134

Technology upgrades

Application Strength:• Vetted technology list • Designated technology replacement fund • 3-year technology plan in place

Tip: Technology consulting takes time andresources. Do you have enough of both takeadvantage of it?

Page 19: Tier 1 Training - Fairbanks, Feb. 9, 2012

Capacity building

Funding to help organizations address critical internal issues. Examples include: Strategic/business planning, board development,

feasibility studies, audience development.

Page 20: Tier 1 Training - Fairbanks, Feb. 9, 2012

Alaska SeaLife CenterSupport to attend out-state conference

Application Strengths: Request contributed to ASC’s pursuit of field

accreditation. Had significant dollars designated for travel and personnel development.

Tip: Request should be part of a development strategy. We do not like “stand alone” requests.

Project Budget:Rasmuson Foundation $5,000SeaLife Center $3,339Total Project $8,339

Page 21: Tier 1 Training - Fairbanks, Feb. 9, 2012

Creative Works

Funding to support the creation and publication of films, documentaries, books, exhibits and other cultural works.

Strong Alaska-specific context

Page 22: Tier 1 Training - Fairbanks, Feb. 9, 2012

University of Alaska FoundationUniversity of Alaska Press

Expenses to publish book titled "My Wrangell Mountains”.

Application Strength: Unique subject matter

Tip: Requests commonly have an educational component

Project Budget:

Rasmuson Foundation: $25,000UA Press: $10,050Total Project $35,050

Page 23: Tier 1 Training - Fairbanks, Feb. 9, 2012

Program Expansion

Funds to support growth into areas related to expertise; Broad impact.

Page 24: Tier 1 Training - Fairbanks, Feb. 9, 2012

Anchorage MuseumFunding to support True North Art Exhibit

Application Strengths:• Natural fit with what museum is already doing• Sector leader

Tip: These should be initiated by established organization

Project Budget:Rasmuson Foundation: $19,000Alaska Air $4,000BP $10,000Alaska Design Forum $5,000Total Project $38,000

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Connect with us

Page 42: Tier 1 Training - Fairbanks, Feb. 9, 2012

Summary

SHOW ME THE

APPLICATIONS!

Page 43: Tier 1 Training - Fairbanks, Feb. 9, 2012

Questions?

Call us: Jeff Baird, 297-2831

Copies of this presentation:

www.slideshare.net/rasmusonfoundation

JEFF BAIRD: [email protected]