Grants: Frequently Asked Questions

Other than the current IRS Determination Letter, do we need to send additional information when submitting a grant request?

Please ensure that you submit a current IRS Determination Letter at the time of your online application submission. Applications submitted without a current IRS Determination Letter will not be considered. 

Note: A “current” IRS Determination Letter includes an organization’s 509(a)(1), 509(a)(2) or 509(a)(3) designation. If any additional documentation is needed, we will contact you by email or phone using the contact information listed on your grant application form. 

If the organization is not a 501(c)(3), can we still apply?

Foundations will only make grants to organizations that are exempt under Section 501(c)(3) of the Internal Revenue Code.  The organization must also be qualified as a 509(a)(1) or 509(a)(2) and such designation must appear on the current IRS Determination Letter.  If the organization is a 509 (a)(3), additional supporting documentation may be needed. Foundations will not make grants to individuals or for-profit organizations.

What is the range of grants being awarded?

Foundation grant awards vary dramatically based on size and purpose.  Previous grant awards are publicly available information and may be obtained by reviewing a foundation’s 990-PF. 

Foundation EIN
Elizabeth Huth Coates Charitable Foundation of 1992 746399782
Faye L. and William L. Cowden Charitable Foundation 746359520
Jack H. and William M. Light Charitable Trust 742874941
Marietta K. Randall Foundation Trust 746487468
Cecilia Young Willard Helping Fund 746350893
Nancy Smith Hurd Foundation 206812519

 

You can search for a foundation’s 990-PF by entering their EIN at the following website: http://foundationcenter.org/findfunders/990finder

Will the foundation be awarding grants for multi-year projects?

Multi-year grants will be considered on a select basis.

Can an organization apply for funding more than once per year?

It is recommended that organizations only submit one request per year to any foundation.  You may apply to more than one foundation.  However, a separate grant application must be submitted for each one. 

When will the organization be notified regarding the review of their grant?

Depending upon the foundation, it can take up to one year from the foundation deadline.  Click here to review the decisioning timetable for each foundation.

Are there any restrictions on the size or number of files I can submit by reply email?

You may attach multiple files to your email, but the combined total size must not exceed 10MB.

What should I do if I have not received an automated confirmation email?

There may be several reasons for this:

1.

The application form was not submitted because

  • the Submit button was not clicked
  • the user clicked Cancel
  • the browser window was closed before submission
2. The wrong mailbox is being checked. The automated confirmation email will be sent to the email address entered in the Contact/Coordinator field of the online grant application.
3.

The application form was submitted, but the Contact/Coordinator email address was misspelled or invalid.

If this occured, please email your current IRS Letter of Determination (and any other relevant file) to grants@broadwaybank.com within 24 hours of your application submission. Be sure to reference your organization name, application date, and request amount. If no application form is found on file, you will be contacted by email and asked to complete a new online grant application.

 

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