Answering your most frequently asked questions about the grant process…
FREQUENTLY ASKED QUESTIONS
Who is eligible for a grant from the Waitt Foundation?
The Waitt Foundation makes grants to federal tax-exempt 501(c)(3) non-profit organizations with a focus on ocean conservation.
Do you make grants to organizations through fiscal sponsors?
Yes. If your organization does not have a 501(c)(3) tax status, you may apply for a grant using a fiscal sponsor who is a registered non-profit public charity.
Do you make grants to organizations outside the United States?
Yes. If your organization is outside the United States, you may apply for a grant using a fiscal sponsor who is a U.S. registered non-profit public charity.
What is a Fiscal Sponsor?
Fiscal sponsorship refers to the practice of non-profit organizations offering their legal and tax-exempt status to groups engaged in activities related to the organization’s missions. There are two types of fiscal sponsirships - Comprehensive and Pre-approved Grant Relationship.
Comprehensive Fiscal Sponsorship:
In a Comprehensive Fiscal Sponsorship Relationship, the fiscally sponsored project becomes a program of the fiscal sponsor, (a distinct difference from the pre-approved grant relationship), and is a fully integrated part of the fiscal sponsor who maintains all legal and fiduciary responsibility for the sponsored project, its employees and activities. Any work product is available to the public or to the charitable sector. The fiscal sponsor assures funders that the purposes and any restrictions of all grants and/or contributions will be met.
Pre-approved Grant Relationship Fiscal Sponsorship:
In a Pre-approved grant relationship Sponsorship Relationship, the fiscally sponsored project does not become a program belonging to the sponsor (as is the case with Comprehensive Sponsorship), but is a separate entity responsible for managing its own tax reporting and liability issues. In addition, the sponsor does not necessarily maintain ownership of any part of the results of the project’s work, ownership rights should be addressed in the fiscal sponsor agreement and could potentially result in some type of joint ownership. The sponsor simply assures itself that the project will use the grant funds received to accomplish the ends described in the grant proposal.
Do you make grants to individuals?
What are your program areas and what types of projects does the Waitt Foundation fund?
The foundation’s sole focus is Ocean Conservation with an emphasis on sustainable fishing practices and marine protected areas.
What types of programs do you not typically fund?
In general, the foundation does not support programs or organizations that fall outside of our key focus areas. While there are many important and urgent needs around the world, it’s our belief that we will have the most measurable impact by focusing on our core programs.
Generally, the foundation does not provide funding to support:
• For-profit organizations
• Capital campaigns
• Debt reduction
• The arts
• Religious organizations
• Public education institutions
• Healthcare organizations/hospitals
• Violence prevention campaigns (supported by Waitt Institute for Violence Prevention)
• Lobbying of any kind
Do you have geographic restrictions?
What is the maximum grant awarded by the foundation?
There is no cap on funding provided by the Waitt Foundation. The grant request, however, should be in line with the scope of the project.
What is the minimum grant awarded by the foundation?
Currently, grant requests must be for a minimum of $100,000 USD. Multi-year proposals will be considered. For the ROC Grants Program, the typical funding amount is $1,000 - $10,000 and not to exceed a request of $20,000.
Do you provide scholarship assistance?
Do you offer grants for computer hardware?
What further requirements do you have for grant recipients?
In order to better understand what does and does not work, we communicate frequently with our grant recipients. We require formal quarterly progress reports, with a formal written report at the end of each grant year along with an in-person presentation to our Board of Directors and staff. We want to hear about successes, failures and strategies to improve. We also appreciate receiving any special findings, photos and/or video along the way.
How do I submit a proposal for a Waitt Foundation grant?
Please review our sections on Grant Guidelines, Grantee Requirements and Application Process under How to Apply. We require you submit a Preliminary Grant Request via our Web site—applications received via other avenues will not be considered. If your program is a good fit with our current interests, we will contact you to submit a Formal Grant Proposal. We will not accept proposals without first receiving a Preliminary Request.
We do not accept any mailed or faxed proposals.