Big Ideas for Arts Organizations – Oct 1

Posted by GKV Foundation on May 21, 2019

GKV Foundation Invites LOIs From Arts Organizations With ‘Big Ideas’

The GKV Foundation supports individual development and related community impact through the use of a range of artistic media, including the visual arts, music, and dance. The goal is that with GKV first-year funding enough measurable results will be achieved to attract sustaining funding from other sources.

Priority is given to established nonprofits with a big idea that has great potential but that has yet to be funded and therefore is untested.

In order to be considered for funding, interested organizations must first submit a Letter of Interest. If the LOI is of interest to the foundation and is selected for further consideration, the organization will be contacted via email and invited to submit a more comprehensive proposal.

It is expected that GKV will invite only two organizations to submit a full proposal for each new planned grant and that fewer than half a dozen new grants totaling between $15,000 and $50,000 will be awarded in this funding round. (The number will be effected by the amount that the foundation allocates to programs where the initial GKV grant showed great promise.) Extensions of grants into subsequent years are part of the foundation’s plan, but the extension will be a fraction of the first-year grant and then only if other grantors can be convinced that the program is worth their investment given first-year results.

Letters of Interest are due by October 1. Based on those LOI submissions, two grant proposals will be requested for each planned grant by November 1. Those proposals will be due December 1, with all grant proposals to be evaluated in January 2020.

See the GKV Foundation website for eligibility criteria, a complete description of the submission process, examples of previously funded LOIs, and an FAQ.

Deadline: October 1, 2019 (Letters of Intent)

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