In order to be considered for funding, all interested organizations must first submit a Letter of Interest (LOI) to the GKV Foundation. If your LOI is selected for further consideration, you will be contacted and invited to submit a more comprehensive proposal. It is envisioned that GKV will invite two organizations to submit a full proposal for each new planned grant.
Submissions must be limited to 300 words and submitted in both PDF form AND its related “Word” or “Pages” format. Both versions should substitute the parent organization’s name with its EIN in all mentions. We do this to avoid our review committee being initially and unduly influenced by the sponsor. We want to judge your project per se.
Important: Include both the Parent Organization’s name and EIN in the body of the email message to which you have attached these items so that we can contact you after the review.
It should go without our saying it, but your first paragraph (50 words or less) is critical. If you don’t catch our attention upfront, it is unlikely we will read much beyond that paragraph.
The next step in the selection process – choosing which applicants will be invited to send in a full proposal – will be based solely on this LOI.
The following topics must be addressed within the LOI for the program to be invited to submit a comprehensive proposal:
- A brief description of the specific program to be supported;
- The expected longer-term individual and societal impact of the project;
- Scalability—if this early stage is successful, to what extent can it be expanded;
- The measurable expected first-year’s result i.e., how will we know if the “experimental” year was successful ( this might help you think this through: “Designing the Evaluation.”) ;
- Size of the requested grant. (Please note that GKV will not support general ongoing administrative activities.)
Applicants must state at the end of the LOI: “We assert that (your organization’s name), the applicant, meets GKV Foundation’s Minimum Requirements as stated in the GKV website.” This statement asserts the following (and it’s 19 words are not part of the 300-word maximum LOI length):
- The applicant is a certified 501(c)(3) with a board in full compliance with the IRS;
- Parent organization will have been active for at least five years at the time of the award;
- Its annual operating budget big enough to manage a new, sustainable project yet small enough for a minimum grant of $25,000-50,000 to make a significant difference.