The Teagle Foundation
The Teagle Foundation
unknown
10 Rockefeller Plaza, Room 920
New York
10020
The Teagle Foundation, a private philanthropic organization based in New York City, invites proposals for support of programs that would increase the likelihood of disadvantaged young people from the metropolitan area attending and eventually graduating from college. We expect to make a half dozen grants, maximum award $50,000. The duration of the grant will be one year, but grants may be renewed if good progress is made.
Goal:
To develop new programs or expand and strengthen existing ones that help young people in difficult circumstances in the metropolitan New York area qualify for college admission and succeed once admitted.
Means:
The Foundation is open to a wide range of approaches to this goal. In our experience, effective programs in this area usually provide students and their parents counseling about educational and financial issues. Existing programs that need further support to develop and enrich their work, collaborative ventures between established organizations or programs, as well as new initiatives are all appropriate.
Grant making procedure:
There is no application form. A letter accompanied by financial documentation should be addressed to the Foundation describing the proposed program and indicating its likely effects. There is no need to telephone or ask for personal appointments. If a site visit seems desirable, we will call to schedule one. Please attach the material described below:
Application Checklist:
A copy of the IRS letter granting 501c3 status should be attached to show that the applicant is a tax-exempt charitable organization.
The organization should be based and the program located in one or more of the five boroughs of New York City.
A list of board members and a brief history and statement of the mission of the organization.
A copy of the organization's most recent audited financial statement.
A one or two page budget showing the principal categories of expenses and revenues directly related to the proposed program. Although funding is normally provided for a single operating year, in the initial cycle proposals may request funds for both the 04 -05 and 05-06 years. The maximum Teagle contribution will be $50,000. Grants are renewable provided good progress is being made.
Timeline:
Proposals are due in the Foundation's office by 30th November 2004. You will be notified six weeks later if your Proposal is a finalist. Successful applicants will be notified by 28th February 2005; payment will be made March 2005. Reports and renewal applications will be requested in the summer of 2005. We expect the program will continue in subsequent years.
Metrics:
The Teagle Foundation expects applicants to develop effective measures to assess the efficacy of their programs. A metric for measuring what is achieved should be clearly described in the proposal. It should define a base line year (for example 2002/3) and should indicate the number of young people served in various ways during that year, as well as figures (or estimates) of those going on to college, receiving degrees etc. The Foundation will want to see comparable figures after the program has been implemented.