Foundation Funding

 

You might consider Foundation funding, particularly when projects have a public dimension. Foundations vary from those with vast resources and significant experience funding higher education (such as the Rockefeller Foundation or the Mellon Foundation) to small family-owned foundations aimed at addressing public needs. All foundations, however, have a specific set of guidelines or priorities that guide their funding decisions. As you research foundations, look for significant overlap between your project and the foundation’s stated priorities. Also, check previously-awarded projects (often available on the foundation’s web site) to gauge how well your project aligns with a given foundation's priorities.

Research

Use Internet databases, 990 tax returns, and foundation websites to learn about the funding priorities, amount of giving, geographic location of giving, and giving histories of specific foundations.

  • Charitable Grants Resource Hub
    • Provided by the Corporate & Foundation Relations team that leads the University’s relationship management efforts with philanthropic and corporate foundations.
  • Foundation Directory Online
    • This searchable database holds information on more than 80,000 foundations. It provides information on foundations' and corporations' funding priorities, past grant recipients, and current RFPs, and more. It can be searched using keywords, locations, foundation/corporation name, and so on.
  • Minnesota Council on Foundations
    • This organization offers a searchable database of Minnesota foundations. Non-subscribers can gain access to some information about Minnesota foundations.
  • U of M Corporate and Foundation Relations
    • List of Private Funding Opportunities: The purpose of this list is to share current funding opportunities available from private funders that are aligned with programs and research University-wide. If you are interested in pursuing any of these opportunities, please consult with your department administrator and your development staff.

Once you identify a foundation whose funding priorities are a good match with your project, research the foundation. Check its website and google it to learn about other projects it has funded. If other awardees are in your network, contact them to learn about their experiences with the foundation.
 
Foundation websites that describe their funding priorities and proposal guidelines should not be treated as RFPs. Foundations shift their priorities all the time, and it is better to open up a conversation with the foundation before you put time into developing a proposal than to write up a terrific proposal and send it in, only to learn that the foundation is cutting back on their funding in your area. Think of the information available on a foundation website as that organization's initial contribution to a conversation; it is up to you, as a grant-seeker, to instigate that conversation.

However, if the foundation has released a specific call/request for proposals (CFP or RFP) with an upcoming deadline, you can count on the foundation supporting that topic for the time being. 
 

Foundation Relations

The University of Minnesota Foundation is the designated organization to centrally manage the relationships between the University and certain philanthropic foundations. The Foundation Relations office also serves as a system-wide resource to assist faculty, grant administrators, and development staff in finding, submitting, and reporting on charitable grant funding. If you are looking for help working with private foundations or submitting a proposal using University of Minnesota Foundation financial documents (i.e., if the opportunity you’re applying to requires the applicant to be a 501(c)(3))—or if you have questions pertaining to a potential submission and charitable grant administration—please email a copy of the proposal and your questions to [email protected]