Millstone LOI Deadline

When:
October 1, 2024 all-day America/New York Timezone
2024-10-01T00:00:00-04:00
2024-10-02T00:00:00-04:00

More information and application link

LOI deadline for grants that will be awarded the following March.

Eligible organizations include non-profit organizations with active 501(c)(3) status and that directly benefit residents of greater Cincinnati in the areas of health, education, and/or arts.

Considerations:

  • Millstone Fund is committed to inclusion, equity, and a sense of belonging for all people in our community. Requests should reflect the ways in which programming aligns with these values.
  • Before submitting an LOI or reaching out to the Grants Director, please review our priorities in healtheducation, and arts.
  • Millstone Fund typically expects an organization to complete a full grant cycle, including an evaluation follow-up report, prior to submitting a new LOI for the same need.
  • Currently, unsolicited grant awards, especially those for operating/program support, will average $20,000-$30,000. Unsolicited grant requests, operating/program support requests (unless approved by board), and/or requests from organizations new to Millstone Fund should not exceed $50,000. Requests will generally not be considered for less than $10,000.
  • The Board of Directors takes many factors into consideration when determining whether to award grants and at what level, including:
    • alignment with Millstone Fund strategies and priorities;
    • the quality of the application and promise to address a problem or advance work integral to the mission;
    • the full scope of need and commitments in the grant cycle including other requests received, Millstone Fund investments in collaborative initiatives, and any funds already committed to funder-initiated Request for Applications (RFA);
    • the request amount relative to the organizational and program budgets; and
    • additional funding resources outside the request.
  • Any request in excess of $50,000 requires communication and approval from Millstone Fund staff prior to LOI submission.
  • We welcome innovative ideas! We encourage these written innovative ideas to be shared for feedback and/or discussion as time permits prior to LOI submissions for these projects.
  • Our responsive grantmaking is only a portion of the entire Millstone Fund grantmaking portfolio. These awards require a competitive review process. Due to limited responsive grantmaking funds, some well-aligned requests may not be awarded.
  • We recognize that indirect costs are important in keeping an organization strong and do allow for a percentage of overhead commensurate with the unique circumstances of the request, organization, and other support.
  • We strive to provide strategic funding. Millstone Fund continues to evolve as engaged funders by building strategic investments with well-aligned organizational partners, collaboration efforts and larger projects.
  • Multi-year awards will be by invitation only or in response to a specific Request for Applications (RFA).