Vail Valley Foundation accepting grant applications | VailDaily.com

Vail Valley Foundation accepting grant applications

Daily staff report
newsroom@vaildaily.com
Vail, CO Colorado

VAIL, Colorado – The Vail Valley Foundation’s 2010 grant process will get under way Wednesday as the nonprofit organization begins accepting applications for funding from other qualified nonprofits.

The foundation annually strives to assist other organizations with similar objectives, based on available year-end funding, having contributed over $11.1 million since the group’s inception in 1981. Grant applications will be accepted from Wednesday through Oct. 31, with final funding decisions due in late December, following the foundation’s semi-annual board of directors meeting.

“When you mention the Vail Valley Foundation, I think most people would immediately make the connection with our athletic, cultural and educational events,” said Ceil Folz, president of the foundation. “However, a very important part of our mission statement is to help other nonprofit groups in their quest to make the Vail Valley a better place to live and visit.”

The Vail Valley Foundation will accept and consider grant requests from organizations that meeting the following criteria:

• Conduct activities and programs consistent with the mission statement of the Vail Valley Foundation: “To enhance and sustain the spirit of the Vail Valley by providing leadership in educational, athletic and cultural endeavors.”

• Are qualified tax-exempt under section 501 (c) 3 of the Internal Revenue code;

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• Require support for clearly defined specific projects

• To the extent possible, utilize the Vail Valley Foundation support as a lever to develop broader funding, or apply funds to initiate programs, which can continue on a self-supporting basis.

For a complete list of grant guidelines and submittal instructions, contact Dionne Drugan at ddrugan@vvf.org or 970-949-1999.