Our new annual grant cycle is:
Applications will be taken October 1st through March 31st for grants to be awarded in July.
The Foundation encourages healthcare grants with large “ripple effects,” that is, those which generate benefits that spread beyond their primary grantee into the wider community, as well as “seed money” grants, whereby Foundation support provides a needed catalyst or first step to a significant, and preferably ongoing, positive core value effect.
To realize maximum benefit from its grants and to use its resources prudently, the Foundation has established policies to encourage meritorious proposals and to enable the Foundation to be a positive force for good by promoting and stressing its core values while honoring its purposes, intent, and integrity.
• Please see the criteria page for important information that needs to be submitted with grant applications
July 2024 Awards
Applications will be taken between October 1, 2023 and March 31, 2024 for grants to be awarded in July 2024.
Deadline For Grant Reporting:
Interim Progress Reports must be received by the Foundation each quarter, no later than the 15th of the month following the quarter being reported.
Final Report must be filed within 12 months after the funding of the grant or within 60 days after the project is completed, whichever is the sooner.
Guidance For Applicants
All grant applications must be filed on the Foundation’s Application Cover Sheet (please refer to Criteria tab for additional documents to be included) and directly with The Degen Foundation, not with members of the Board of Directors. In fact, lobbying individual Directors may result in the application’s rejection.
No application will be considered from a non-profit organization unless the non-profit organization is currently recognized by the Internal Revenue Service as a tax-exempt, non-profit organization in accordance with the provisions of the Tax Reform Act of 1969.
In keeping with its mission and with the intent of the Board, all grant funds must be used exclusively within the defined service area (as defined by the attached map) and exclusively for health care or health care educational purposes.
Approval of a portion of a grant request does not obligate the Foundation to further support that project.
Healthcare grants are approved only by specific resolution of the Foundation Board and are effective only after a standard Grant Agreement has been executed and delivered to the Foundation by the Applicant and subsequently accepted by the Foundation in writing by the Executive Director. Grants which are not funded within six (6) months of the execution of the Grant Agreement by the Foundation shall be automatically rescinded, and a vote of the Foundation's Board of Directors shall not be required.
The Foundation does not favor grants to federal, state, or municipal governments and will make such grants only on a three-fourths vote of its Board.
To conserve its resources and to maximize its support, the Foundation does not grant funds to pay for completed projects, to pay existing debts or deficit funding, to pay for political expenditures or lobbying activities.
Grants for endowments are not viewed favorably and require a three-fourths vote of the Board of Directors.
All funds distributed by the Foundation must be used for the project designated in the application and the grant agreement, and any funds not used for the designated project must be returned to the Foundation. Further, all funds not used for the specific project within 12 months following the funding of the project must be returned to the Foundation unless waived by the Board prior to the 12 month period.
All grant applications will be considered annually starting in 2024. There will be one more December (January really) cycle and applications must be received by September 30th.
The Foundation may at any time make such grants as it deems appropriate by a three-fourths vote of its Board.
Applications requesting consideration out of the regular time sequence (June and December) may be considered by the Grants Committee or by the Board. If the Grants Committee or Board declines to act, the application will be processed in the regular manner
A grant for emergency relief from an act of God, or a similar unforeseen event, may be approved for charity institutions in the defined service area. Emergency relief grants shall be only for emergency food, shelter, clothing, and medical treatment.