Foundation Funding: 2025

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The document outlines the process of writing a Letter of Intent (LOI) for foundation funding, specifically for OHSU & Doernbecher Children’s Hospital Foundation. It emphasizes the importance of building philanthropic support, managing gifts according to donor wishes, and collaborating with various entities. Key elements of a successful LOI include an introduction, needs statement, project description, evaluation plan, and budget. The document also highlights common pitfalls in funding applications and provides examples of specific funding opportunities from foundations like the Gates Foundation and Robert Wood Johnson Foundation. Additionally, it details a research proposal by Dr. Perrie O’Tierney on maternal obesity's impact on neonatal health.

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How does foundation funding work?

Private foundations are typically funded by individuals or families. Private foundations are subject to greater regulations by the IRS as they must meet a certain yearly payout requirement. Oftentimes, private foundations are a direct reflection of individual or family values.

What is a foundation vs nonprofit?

You should still approach them. Explain how your organization connects with the foundations giving interests. Do NOT ask for money. Ask how the foundation selects who receives its grants. Ask if you can meet with them or give them more information about your organization.

How to get funding for a foundation?

Here are 12 sources you can explore to achieve your nonprofit funding goals! Individual Donations. Government Grants. Foundations. Membership Fees. Selling Goods or Services. Corporate Philanthropy Sponsorships. Local Business Partnerships Sponsorships. Event Revenue.

What are the disadvantages of a foundation?

The basic rule can be stated simply, but its calculation is complex: Each year every private foundation must make eligible charitable expenditures that equal or exceed approximately 5 percent of the value of its endowment.

How do foundations get their money?

Disadvantages of Starting a Private Foundation Initial Time Commitment and Costs, including legal and accounting fees. Excise Tax. Recordkeeping Requirements. Regulatory Requirements. Annual Reporting Requirements. Lower Deductibility Caps. Less Favorable Treatment of Some Capital Gain Gifts.

What is the 5% rule for foundations?

Since most foundations are small and operate without professional staff, it is reasonable to rely on trustees to do the work of staff, and for those trustees to be paid. If a trustee takes on the chief grantmaking responsibility, she or he is really no different from a compensated staff person.

Foundation Funding: 2025

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