Powell Group Fund
PURPOSE The Powell Group could serve as a case study for the American dream. From a commitment to innovation and responsive management, a family enterprise that began a century ago as a timber, grocery and dry goods firm has evolved into a thriving, multifaceted operation which continues to pioneer new opportunity for technological advancement and economic prosperity into the next millennium.
The Powell Group is comprised of a number of related companies that work in a coordinated effort to maximize their diverse and ever-growing achievements. It established a Fund at the Baton Rouge Area Foundation in appreciation of the fine employees of the Group whose productivity make it possible for the Company to give back to the community.
The Powell Group believes communities are strengthened when people begin to see themselves as resources, and find successful ways of marshalling their talents and the talents of local people and organizations to solve problems. The purpose of the Fund is to support nonprofit organizations that can demonstrate that they have planned their projects with respect to the community’s greatest opportunities. Grant applicants should keep in mind that priority is given to projects that build on strengths and assets of individuals, organizations and institutions.
A Powell Group Fund committee meets on a semi-annual basis to review grant requests in the program areas of arts and humanities, community development, education, environment, healthcare and human services. It will provide program grants to support new, creative or beneficial programs and operating funds to sustain organizations pursuing asset based community development.
ELIGIBILITY The Fund will support nonprofit organizations in the greater communities of Baton Rouge, Louisiana; Lake Charles, Louisiana; Le Mars, Iowa; Sioux City, Iowa; and Panama City Beach, Florida. Colleges and universities are not eligible.
The organization must have a non-discriminatory policy. It must demonstrate that it manages its business wisely and that an appropriate percentage of the grant will go to programs rather that administration.
Organizations eligible for funding should have values consistent with those of the Powell Group:
- A top priority of everyone is to honor commitments, both personally and professionally.
- The workplace atmosphere is one of openness and fairness where everyone communicates directly and honestly, and is governed by the same rules.
- A goal of everyone is to grow, personally and professionally, and to contribute to the achievement of the organization.
- Colleges & Universities are not eligible for consideration of funding.
Proposal Summary: Every application must include a summary which provides the following:
- Project name
- Organization’s address
- Organization’s phone number
- Organization’s fax number
- Chief executive officer/senior official
- Senior official’s email address
- Board approved mission statement
- Date mission statement approved by the board
- Date organization incorporated as a 501(c)(3)
- Web page/social media
- Description of the project (no more than 3 sentences)
- Compelling reason for the project
- Amount requested
- Program or project director’s name
- Project director’s phone number
- Project director’s email address
- Target population
- Project area of interest
- Geographic region
- Project start date
- Project end date
Narrative Section: The application should be no longer than three typed pages and should include the following information:
- A concise history of the organization with an overview of current programs and activities
- A description of the challenge to be addressed by the project
- A detailed description of the project, including strategies, measurable objectives and a timetable. Note if the project is a replication of a successful evidenced-based model.
- A plan for continuing the project once the Foundation’s funding ends
- A plan for evaluating the project.
- The names and qualifications of the persons responsible for carrying out the program.
- A detailed project budget and budget narrative, including income sources and expenditures, as well as a list of proposed funders.
- A list of the organization’s board members including the board members’ principal occupations, a description of the term of office and the rotation schedule of the board.
- Financial statements, including the organization’s operation budget, balance sheet and statements of support, revenue and expenses for the last completed and current fiscal year.
- A sign memorandum of understanding with the fiscal agent, if applicable.
- A statement from the organization’s board of directors authorizing the request and agreeing to implement the project if funded.
- A copy of the IRS letter of determination stating that the organization is tax-exempt, or a copy of the organization’s fiscal agent’s letter of determination along with a letter from the organization stating its willingness to serve as fiscal agent.
- A copy of the organization’s non-discrimination policy.