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Requirements for Grant Submissions

Grant requests and all supporting materials should be emailed to landino@coastalfcu.org.

Organizations must meet the following criteria:

  • Be a tax-exempt organization under IRS Section 501(c)(3)
  • Be requesting funding for a special project or program, not to cover administrative or operating expenses.

The grant submission must include:

  1. Summary of program or project, not to exceed two pages, including:
    • Description of program/project
    • Amount requested and total project cost
    • Immediate impact it will have on the community
    • Who it will benefit and how many people will be impacted
    • Timetable
    • Other similar projects in the same market
    • Measurement for success
  2. Mission statement of the organization and a description of the client base and markets it serves.
  3. List of board members.
  4. Administrative expenses as a percentage of total expenses and fundraising expenses as a percentage of dollars raised (based on the past two years).
  5. Number of paid staff and number of volunteers.
  6. Past history of funding from the Coastal Federal Credit Union and/or the Coastal Federal Credit Union Foundation.
  7. Proof of 501(c)(3) designation.
  8. Name and contact information of the representative making the request.

Note:
Applications to support individuals, political activities or private foundations will not be accepted.