Learn About GVEC POWER UP Program and Grant Eligibility
Discover the GVEC POWER UP Program, how funds are collected and distributed, grant eligibility requirements, application details, fund distribution, grantee responsibilities, and more. Find out who can apply for grants and the criteria for eligibility.
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Presentation Transcript
POWER UP Program What will we learn today? GVEC POWER UP Program How funds are collected and distributed Grant eligibility requirements Application deadlines Application requirements Where to apply Grant evaluation factors Responsibilities of the Grantee
POWER UP Program What is the POWER UP program? Program Mission Reinvest money into local communities Providing bill-pay assistance Community grants (Non-Profit & Civic)
POWER UP Program How does it work? Fund Collection Collection began July 2011 GVEC electric bills are rounded up from participating members POWER UP Community Fund
POWER UP Program Where does the money go? Fund Distribution Approx. 20% Member bill-pay assistance Low-income and/or elderly Must qualify and meet guidelines Distributed by local Councils of Government Approx. 80% Community grants Eligible Non-profit groups
POWER UP Program Who can apply for a POWER UP Grant? Community non-profit improvement projects with tax exempt status Education Youth Programs Health Care Community Development Civic & Community Outreach Public Safety/Service Organizations
POWER UP Program Who is eligible to receive the POWER UP Grant? Grant Eligibility Requirements Projects must lie within GVEC service boundaries The organization must contribute towards the community s health and/or welfare Services must be non-discriminatory in nature Projects must be: Capital in nature (long term asset) New project oriented No standard, ongoing projects, programs, or activities will be eligible
POWER UP Program Who isn t eligible? Completed projects Debt-reduction campaigns Scholarship programs Other grant programs Religious or church- sponsored facilities limited to membership General operating costs (i.e. salary/payroll expenses) Office or administrative projects and equipment Land acquisition projects Computer equipment or software for non- educational purposes Training for software or new equipment Organizations which are for-profit entities, individuals, and professional associations
POWER UP Program When are applications due? Next Deadline: Monday, August 17, 2020 Application Deadline Workshops Fund Distribution
POWER UP Program What are the application requirements? Project description Project timeline Project budget Include bid proposals or estimates for any items over $1,000 IRS tax-exemption letter List of organization s Board of Directors and their addresses Letters of support List of matching funds with supporting documentation List of in-kind support with supporting documentation Property owner s signature on the application
POWER UP Program Where can we apply? Applications are located online: Web-based submission Upload attachments Download a hardcopy
POWER UP Program How can we receive the best score? Grant Evaluation Factors Matching Funds Letters of Support Power Up Grant History Project Budget Well-Prepared Packet Project Value Project Impact Partnership & Community Involvement Public Accessibility
POWER UP Program Who evaluates the grants? GVEC Internal Review Committee External Review Committee GVEC Charitable Foundation Board
POWER UP Program We received a grant now what? Projects should be completed within 12 months. Responsibilities of the Grantee: Final Report Signage GVEC Promotional Literature and Social Media When can we reapply? 3 years after grant is received
POWER UP Program Questions?
POWER UP Program We would love to hear from you! Contact information: Christine Presley 830-857-1218 cpresley@gvec.org Shari Johnson 830-857-1149 sjohnson@gvec.org Kasie Tankersley 830-401-8312 ktankersley@gvec.org
