Grant Funding Policies of The Drake Fund

 

 

 

 

1)  Grants will be made primarily for projects/goods directly impacting students in the   classroom. Requests for staff development, which have immediate application in the classroom, will also be considered.

 

      2)  Grants will not be made to reimburse funds already spent by staff.

 

3)  Grants will generally be made for non-recurring expenses.

 

4)  Grant requests must be submitted by staff - even if the project/program is  student - driven.

 

 5)  Applicants must include all expenditures to be funded (including tax, shipping, installation, proposed maintainence, etc.) in the proposal budget.

 

6)  The Allocations committee of The Drake Fund reserves the right to recommend partial funding

of any proposal.

 

7)  The Board of Directors of The Drake Fund may set a minimum and/or maximum dollar limit for grants in any funding cycle.

 

8)      The Allocations Committee will consider whether The Drake Fund is the most appropriate

      funding source for each proposal and may decline to fund proposals if other sources seem   

      more appropriate.

 

9)      The Drake Fund Board of Directors will determine the total amount of funds to be allocated

in each funding cycle.

 

10)   Funds granted must be spent by the end of the calender year in which the grant was made or funds will revert back to The Drake Fund.

 

11)   Grant recipients will be asked to furnish a brief report on the use of funds to The Drake

       Fund  Board of Directors by December 1 of the funding year.

 

12) Funds requested for purchase of technology equipment must meet District Computer Purchasing Standards.