Funding Policies
1. The Trust will accept grant
applications for projects from corporations, civic bodies,
local governments, and other groups whose functions are to
benefit the community of Park County, Montana.
2. No grant will be made unless and until
the grantee has committed a hard dollar match amount to be
spent on the project that is at least 10 percent of the cost
of the project. Depending on the project, a significantly
higher match amount may be required.
3. Grants for the following types of groups
and uses will not be made:
— Religious purposes
— Endowment funds
— Political organizations, campaigns and candidates
— Activities normally paid for by taxes
— Scholarships
— Groups from outside of Park County, Montana
These policies are provided as standards and
guidelines for the applicant but should not be considered
as rigid and inflexible. Our statement of purpose and funding
policies and procedures will be widely interpreted to help
stimulate new ideas so as to not discourage imagination and
innovation.
Funding Procedures
1. Applications are accepted throughout the
year and generally grant decisions will be made on a quarterly
basis. Applicants will receive a response within 90 days of
submitting an application. Often interviews, on-site inspection,
financial data and other information will be required from
a Board of Directors' committee for a recommendation upon
an application. Get Application
2. If a grant is awarded, recipients must
sign a grant agreement. Funds are forwarded to the organization
in accordance with an approved budget and must comply with
conditions the Foundation may establish.
3. Recipients must maintain books and financial
records that separately account for the funds received. They
must also retain those records and books and make them available
to the Foundation for at least four years following completion
of the project.
4. Recipients must submit progress reports
to the Foundation semiannually, or as directed, with final
evaluation reports due within 30 days of the completion of
the project. The Foundation may make periodic site visits
and may occasionally enlist the assistance of consultants
to evaluate projects.
5. Funds not expended on the project must
be returned at the end of the grant period.
6. The Trust may withdraw pledged funds
if at any time the grantee:
- Violates any of the terms of the grant
agreement
- departs materially from the intent of the
grant agreement
- is involved in any illegal activities
7. If you feel your organization meets the
criteria described, please fill out the application and mail
it to:
The Livingston Community Trust
PO Box 1223
Livingston, MT 59047
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