How many grants are given in a year?
Ideally, PYP will give one grant in excess of $30,000 grant, annually, along with a smaller grant for the runner-up Grant Champion. We are also launching SchoolPYPs in 2017, and these grants will total $6000. Grant amounts are entirely dependent on how many members we are able to recruit annually. 100% of your $1000 dues will go to fund our grants.
What’s the process for getting my charity funded?
Fill out the Grant Champion application, submit it to the grant committee, pitch your fellow members and follow up to gain support (i.e. votes!) for your cause.
What does “pitching” entail?
Pitches will be made in person, by the PYP member to the membership at the Annual Pitch Meeting. Representatives from the charity are not allowed to be present at the pitch. You may have written and/or audio visual materials which you have prepared, which include details about your organization, the project or effort for which you are seeking support and a process for monitoring the project if it’s funded. All pitches should be no more than 15 minutes.
How long does it take to get funding for my project?
Proposals are submitted to the Executive Committee and presentations are made 8 weeks later, at the Annual Pitch Meeting. Voting takes place 4 weeks later, online. The time between pitching and voting allows the pitching member to field follow up questions, hold additional smaller information sessions, etc. The winning charity will receive their check on or around 4 weeks after voting. In 2017, we anticipate a proposal deadline for proposals by end of summer, pitching to happen in the fall, and to deliver the checks in late fall.
What if I win?
Congratulations! Your charity will receive the money you secured directly from PYP. There is a monitoring process over the course of the year to make sure that the money goes where it’s supposed to and is used as it said it would be. There is also a final report to detail the grant’s success and document that all funds were used as anticipated.
Are there limitations on grants?
All grantees must have 501(c)3 status and have an impact on our local Greenwich community in some way.
How soon can I reapply?
Grant winners need to wait 2 grant cycles before reapplying (2 grants need to be given and then you can reapply.) If your grantee isn’t chosen to receive the annual grant, you can apply again in the next grant cycle.
Can any of this change?
Yes. This is our second year, so if something isn’t working in practice, we’ll address it.
Questions? Contact our Grants Chair, firstname.lastname@example.org