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Scholarship Successor Advisors?
Hello everyone! Our scholarship program at The Findlay-Hancock County Community Foundation is celebrating 30 years and we are starting to have a generational shift. The individuals who signed the original fund agreements would like to "pass their scholarship" on to the next generation of their family. What policies do you…
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If SAI is not currency, then why is it used in the over award formula?
Federal Student Aid website states: Your SAI is not a dollar amount of aid you’ll receive, what your family is expected to provide, or your final financial aid offer. But also says: An overaward exists when a student’s aid package exceeds their need or overall cost of attendance (COA). Remember when packaging subsidized or…
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Apprenticeships and other for profit training academies
We have had an uptick in students attending for profit training academies as well as bypassing "traditional" post-secondary education plans and doing apprenticeships. Our organizational policy states that we cannot payout a grant to an individual or for-profit entity. Other organizations with the same policy in place, how…
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Demographic questions in scholarship application?
Hi everyone, Do you ask demographic questions as part of your scholarship application? We have not included a demographic section, but starting next year, we plan to add optional questions at the beginning of the application to better understand who is applying and receiving our scholarships. Initially, I planned to use…
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Indirect Costs
I am looking for input on how other funders handle indirect costs in grant budgets. I would be interested in any perspectives or policies that anyone can share. I know that there is a lot more discussion out there right now on recognizing the full cost of projects and allowing for more generous indirect cost rates. Marian…
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Collection of Audit Files
For the beginning of this year, we've decided to look for better ways to utilize the Foundant reporting feature to track the presence of various files for use in auditing procedures. So far, we've been uploading the files (acknowledgement letters, check/transmittal letter, and approval documentation) to the Documents tab…
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Grants Policy
I posted this earlier as a question but didn't get much traction, so I thought I would post it again as a discussion. One of our projects for this year is to develop a written, comprehensive grant policy. We have various policies in writing and practices that we follow but need to get them in a single document that covers…
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Automatic address correction?
So apparently our student scholarship applicants don't know where they live. Is it a street, a road, a boulevard? And nevermind about pesky capitalization. ZIP code? Oh boy! :) Anyone else with SLM suffer through this and know if Foundant has consider that auto address correct function you see elsewhere on the internet,…
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Searching for Nonprofit Surveys from Community Foundations
Hello, Our Community Foundation is expanding our Nonprofit Capacity Building. We would like to survey our nonprofits to determine: nonprofit size in our community, staff, budgets, role (arts, animal welfare, etc), board demographics/need, facility needs, current funding streams, desired funding streams, nonprofit…
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Award/Payment Notifications for Grantees
Looking for inputs, workflow and/or templates, on how you might be using GLM to notify your Grantees of a new award or a payment that has been issued. We are a Community Foundation using GLM/SLM and C-suite, and processes over 1,000 grants a year under both unrestricted and Donor Advised. We are looking to fully use the…
