The Price Foundation

Grant Making Process

Application Process

If an organization believes its mission, purpose and/or program fits within the Price Foundation’s mission and grantmaking guidelines, it is invited to apply for a grant as follows:

Letter of Inquiry

To be considered, all organizations must first send a letter (on company letterhead) of not more than two pages that describes:

1. The organization and its experience in the field. Please include the year the organization began operating.

2. What does the organization propose to do; why is the project or program needed; how will it be administered and by whom; who will be served and where; how will the organization evaluate success; and how does the project or program relate to the Foundation’s areas of concern.

3. The amount and terms of the grant request, how the funds will be used, the amount of the total project/program and organization's overall budget, and other sources of funds.

4. Please include your tax id # within the letter. It is not necessary to attach the IRS tax exemption letter.

The Foundation does not have deadlines. Organizations will receive a response to Letters of Inquiry within 30 days of our receiving the LOI.

Please send all letters of inquiry to our Louisville, Colorado address listed at the bottom of this page. You may address the inquiries to Kishawn Leuthauser, Vice President.

Full Proposal

If the letter of inquiry is approved for further consideration you will be contacted with further information. Additional materials about the organization may need to be sent such as:

The most recent certified audit report, if available.

The most recent annual report, if published.

Each proposal selected for consideration is reviewed by staff. In the course of the review, staff may undertake a site visit or meet with the respective grantee representatives. Following staff review and recommendation for further consideration, proposals are forwarded on a periodic basis to the Board of Trustees for final consideration. Once the Board makes it decision, the applicant is contacted by letter shortly thereafter informing the organization of the Board's decision.

Follow-up Reporting and Assessment

An organization receiving a grant is generally expected to report on the progress of its project or program. In order to achieve uniformity of follow-up reports and assessments, the Foundation may ask certain grantees to complete the Price Foundation Grant Reporting Form (a Word document). If requested, the Form should be completed by the date indicated in the grantee’s original grant award letter.