Tier 2 grants may also support technology updates and creative works that comply with the description above. The project must demonstrate long-term benefits or impacts, and be initiated by an established organization(s) with a history of accomplishment. Please review the past awards for an overview of the types of projects funded by the Foundation.
The Foundation accepts proposals from high-performing, Alaska-Based 501(c)(3) Organizations classified as “not a private foundation” under section 509(a) of the tax code. Tribes and Cities are eligible to request support for projects that provide broad community benefits such as a library, health care facility and cultural center. In most cases an organization will have successfully applied for at least one Tier 1 before considering a Tier 2 request.
Applying for a Tier 2 grant is a two-step process. The first step is a Letter of Inquiry. If the Foundation is interested in the project, the organization will be invited to submit a full Tier 2 proposal. Review of Tier 2 Letters of Inquiry can take up to 90 days. Organizations will be notified by email when a Letter of Inquiry has been received. If you have not heard from us after 90 days, you may call to inquire about it.
Tier 2 proposals are considered twice a year during Rasmuson Foundation board meetings, which normally occur in June and November. Review of Tier 2 proposals can take up to nine months. In most cases, a previous Tier 2 grant must be closed before a new application will be considered for funding. In all instances, applicants are encouraged to consult with Rasmuson Foundation program staff prior to submitting a Tier 2 Letter of Inquiry.
Site visits are required for Tier 2 proposals and typically involve key staff and board members from the applicant organization. A site visit provides Foundation staff the opportunity to meet with an applicant to discuss the proposal in-depth. It also gives Foundation staff the opportunity to view the applicant’s facility or location for future developments.
Applications are evaluated on criteria including but not limited to: the organization’s track record, fiscal and management capacity, an active board and experienced staff, sources of financial support, and the project’s benefit to the organization and the community it serves. The Foundation places a priority on organizations in which all board members contribute financially.
The Foundation is rarely the first, the largest or the only contributor to any Tier 2 project. The Foundation expects the community in which the project is located will provide significant financial support.
The Foundation will consider requests for major capital projects when the following have been demonstrated:
• Strong, committed local cash support is in place
• The board and key staff have supported the project financially
• The site has been secured and permits are in place
• Plans have been completed
• A budget has been developed
• A fundraising plan is in place, if applicable
• Government funding has been requested and/or committed, if that funding reflects a significant portion of the project budget
• Applicant is able to demonstrate that the project is sustainable