Grants:
Impact Grants
The Foundation has funded 1-3 large Impact Grants per year, totaling approximately $50,000, to qualifying organizations that fall within the scope of our Priority Categories. At this time, however, due to economic constraints and prior commitments, the Foundation is not awarding one-time large Impact Grants in a single year. Instead, we will consider applications for smaller Impact Grants that would be spread over a multi-year period, with no more than $5,000 being funded in any one year.
An Impact Grant differs from
our annual grants in the following ways:
1) An Impact Grant is awarded for a unique endeavor where significant
funding at a critical moment will make a transformational
difference to the life of your organization and your community.
2) An Impact Grant may be spread over two to three years.This enables the Foundation to increase its financial impact, and the recipient to concentrate on manifesting the project, rather than on annual fund-raising efforts.
3) Upon being awarded an impact grant, the recipient organization must complete and return to us the following TERMS and CONDITIONS (not required when a standard grant is awarded)
4) The success of an Impact Grant is measured not in dollars, but by the success of a project as defined by the grant's recipients - how it has made a difference in the lives of those who benefit from it. The question we ask you to answer is, "How do we know when we have succeeded?" Sometimes the success will be marked by something intangible but definitely valuable, such as "the light in the eyes of the children watching our program." During the term of the grant, we will require the recipient to keep us posted, in an informal way, as to the progress of the project.
4) An Impact Grant is emphatically NOT merely a large amount
of money for an
ordinary purpose such as a request for $25,000 for new wiring.
For a an example of the Terms and Conditions form you will be sent when granted an Impact Grant, click HERE.
If you have questions about Impact Grants, please address them in an email to a.gulick@deepcove.org. Also, check out our FAQ page.
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The Cyrus Eaton Foundation
The Heights Rockefeller Building; 2745 Lee
Blvd., Suite 2B
Cleveland Heights, OH 44118
Phone: (216) 320-2285 Fax: (216) 320-2287