SUBJECT/RECOMMENDATION:
Title
Provide direction on proposed Non-Profit/Charitable Funding Policy.
Body
SUMMARY:
To provide a streamlined and transparent process for non-profit and charitable funding requests, staff seeks direction on the proposed funding policy:
It is a policy of the City Council to provide fair and equitable grant funding to non-profit and charitable organizations. These organizations must provide services and activities that offer economic, social, medical, cultural, or educational benefits to Clearwater residents.
It is important to limit the use of general funds as it is the primary source of revenue for all city operations. An amount not to exceed $70,000 of the proposed general fund budget will be considered available to provide support for grant requests. Grant requests will be eligible to receive a maximum of $5,000.
The city will accept applications intended to augment the efforts of non-profit and charitable organizations to benefit Clearwater residents. Grant requests will be evaluated through an application review, ensuring all approved requests enter into agreements for specific measurable services and timeframes. Debt service is not a permissible use of these funds.
Applications for Non-Profit/Charitable Grants will be made available online September 1 through October 31.
To be eligible for funding, organizations must meet the following criteria:
• Tax exempt.
• Non-Profit (be able to provide 501(c)(3) status form).
• Provide evidence of insurance.
• Been in operation for a minimum of three years.
• Propose an activity or service that addresses one of the following strategic plan priorities:
§ Economic & Housing Opportunity - foster a prosperous and enduring economy that promotes opportunity for all.
§ Community Well-Being - ensure exceptional communities and neighborhoods where everyone can thrive.
§ Environmental Stewardship - implement proactive solutions and emerging technologies for a sustainable and resilient community.
Staff will present the qualified applications to Council in December for approval. Applicants will provide a three-minute project overview.
Grant agreements will be executed by January 31.