Grants of more than $25,000 for large capital (building) projects, projects of demonstrable strategic importance or innovative nature, or the expansion or start-up of innovative programs that address issues of broad community or statewide significance. 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.
Applying for a Tier 2 grant is a two-step process. The first step is to prepare and submit a Letter of Inquiry. If the Foundation is interested in the project, then the organization will be invited to submit a full Tier 2 proposal. Tier 2 Letter of Inquiry reviews can take up to 90 days.
The Foundation accepts Tier 2 Letters of Inquiry year round. Organizations will be notified via email when a Letter of Inquiry has been received.
Tier 2 full proposals are considered two times each year during Rasmuson Foundation board meetings. Please see the Deadline FAQ for more information.
The completeness of an application and the accuracy of the project budget directly impact the length of time for review.
In most cases, a previous Tier 2 grants 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.
Grant procedures, including deadlines, are subject to change at the discretion of the Board of Directors.