In compliance with Wichita Falls Area Community Foundation's Articles of Incorporation and Bylaws, grants are awarded
- to 501(c)(3) charitable organizations and other charitable activities/projects that relieve government of duty.
- for such charitable, benevolent, civic, moral, religious, environmental, and educational uses and proposes that will most effectively assist, encourage, and promote the well-being of mankind whether supported wholly or in part by private donations or by taxation.
- at the discretion of the WFACF Board of Directors to assist, encourage and promote the well being of mankind, regardless of race, creed, national origin or gender.
Listed below are the different fund types from which WFACF awards one-time, occasional, or multi-year grants.
TYPES OF GRANTS
Unrestricted: Grants are awarded twice per year from income of unrestricted funds and from the spending rate of the WFACF Unrestricted Grants Endowment. There are two unrestricted grants cycles per year, February and September. WFACF Grants Committee makes recommendations to be approved by the WFACF Board of Directors.
Donor-Advised*: Donor recommends grants; WFACF Grants Committee reviews, approves or disapproves recommendations to the WFACF Board for approval WFACF donor-advised funds can be non-endowed or endowed. Recommendations and awards occur throughout the year.
Designated Grants*: Grants are distributed to agencies that are designated as recipients by donors' fund agreements. WFACF designated funds can be non-endowed or endowed. Recommendations and awards occur during various times of the year.
Agency Endowment: Agency can request WFACF's current spending rate from endowment for the purposes of funds for the agency. It is desirable to award one request per year, but quarterly requests may be considered.
Scholarships*: Students apply each year; selections are made by WFACF Scholarship Committee or WFACF approved Scholarship Committees; and approved by WFACF Board of Directors. WFACF scholarship funds can be non-endowed or endowed.
Pass Through: Charitable projects are usually initiated by a group for a specific purpose. Additional due diligence is performed to ensure the exact charitable purpose. These funds can fundraise according to the WFACF Board Approved Fundraising Policy. After funds are raised, grants recommendations are reviewed by WFACF Grants Committee and awarded if so warranted by WFACF Board of Directors.
* Non-endowed: 100% available for grants
Endowed: Grants are limited to WFACF's current spending rate
Grants are awarded primarily throughout the North Central Texas area which includes the following Texas counties: Archer, Baylor, Clay, Foard, Hardeman, Haskell, Jack, Knox, Montague, Throckmorton, Wichita, Wilbarger, and Young (could also include border counties in Oklahoma, Jackson, Tillman, Cotton, Jefferson).
Unrestricted Grants are generally limited to the service area defined above.
At the discretion of the WFACF Board of Directors, all other grants can be awarded both inside and outside the service area defined above.
Unrestricted Grants: There are two grant cycles per year, February and September. A letter of intent (LOI) must be submitted one month prior to the grant application deadline. After LOI review, organizations are invited to submit the full grant application. Click here to access our Grant application. There is a one year waiting period after an unrestricted grant is awarded before another grant request will be considered.
Donor-Advised, Designated, Agency Grants: No application process and no unsolicited requests are considered.
Scholarships: Click here for our Scholarship applications.
Wichita Falls Area Community Foundation grant awards are generally for the following purposes:
- For the operation and maintenance of non-profit agencies.
- For charitable activities and projects that relieve government of duty.
- For scholarships that enhance educational, vocational, and professional training.
- For promoting scientific and/or medical research for the advancement of human knowledge and alleviation of human, animal, or environmental suffering.
- For the care of the sick, aged, handicapped, orphaned, and helpless.
- For the religious, physical, mental, and spiritual care of men, women, and children.
- For aiding in the reformation or relief of victims of substance abuse, adults released from prison, juveniles released from detention centers, and other wayward persons.
- For the improvement of living and working conditions of human beings.
- For providing facilities for public recreation, comfort, and convenience.
- For the encouragement of social and domestic hygiene.
- For promoting the investigation of, or research into the causes of ignorance, poverty, and vice; preventing the operation of such causes; and solution-oriented assistance.
- For the support of the arts and cultural endeavors.
- For the support of historical restoration and preservation projects.
- For meeting and/or working collaboratively with other organizations to meet emerging charitable needs.
NOTE: Grants which appear to be exceptions to these policy guidelines are usually
initiated by WFACF Grant Committee and approved by WFACF Board.
The following is a list of restrictions that apply to WFACF grants:
- Fundraising expenses for a donor's fund cannot be granted or expensed from said fund.
- Grants that have a direct benefit for fund holder or immediate family members cannot be awarded.
- Grants are not made to political candidates or for lobbying efforts.
- Grants are not made to individuals. Scholarship awards are granted to the (1) educational institution or (2) educational institution and the student recipient.
- Grants are not made to Type III Support Organizations as that term is used in Section 4943 (f) (5) of the Internal Revenue Code.
REVIEW AND REVISION OF GRANT POLICY:
The WFACF Grants Committee will periodically review this policy and recommend additions, deletions, or other revisions to WFACF Board of Directors for approval.
STATE, FEDERAL AND IRS COMPLIANCE
Grants comply with State, Federal, and IRS laws, as they may change from time to time.