The Magnificent Mile® Charitable Foundation
All applications must be submitted by March 31, 2012. Up to eight recipients will be granted $2,500 each for this year. A $25,000 grant will also be given to the recipient with most financial need. For more information on the $25,000 grant application, contact Bernadette Molina, Foundation Manager at bmolina@gnmaa.com.The Magnificent Mile Charitable Foundation, a private philanthropic foundation created in 1989 by The Greater North Michigan Avenue Association (GNMAA), grants funds to support educational programs and institutions that provide food and shelter for children and adults in The Magnificent Mile community.
Grant Criteria Includes:
A. Grants should improve the quality of life within the geographic boundaries of The Greater North Michigan Avenue Association (GNMAA). The Boundaries are as follows:
B. Grants are issued to institutions with a minimum budget of $100,000, maximum of $1,000,000 that are physically present in, and have demonstrated history of serving the boundaries of The GNMAA community.
North: Through North Avenue
South: Through Randolph
East: Through the Lake
West: Through north branch of The Chicago River
C. Grants should emphasize services and programs provided by social service agencies in the areas of education, job training as well as food and shelter for those in need.
D. Grant applicants must be charitable 501 (c) (3) not-for-profit organizations. Organizations/individuals who benefit from the use of grants must demonstrate appropriate need and should be concentrated within The GNMAA community.
Proposals should include the following information:
I. Description of your organization, including its purpose, size and funding sources. Provide the number of staff involved with the project in which you are applying a grant for. Indicate any significant changes in revenues and expenses in the last 12 months and Provide percentage of funds spent on program (comes directly from the Illinois Annual Report all charities file (Section II, J.)
II. A statement demonstrating how the grant proceeds would benefit The GNMAA community, description of its use and beneficiaries.
III. Name, title, phone, mailing and e-mail address of person to receive communication regarding this application.
IV. Describe prior grants received by your organization from The Magnificent Mile Charitable Foundation
V. Provide the following:
A. Tax Determination Letter from the IRS
B. Proof of current status with the Secretary of State
C. Proof of current status with the Illinois Attorney General’s Office
D. Articles of Incorporation
E. 2010 and 2011 (if available) tax returns
F. Current year’s budget - The Budget information should show organization as a whole, budget for project submitted to the Board, grant percentage of both budgetsApplicants are encouraged to include brochures or photos to assist The Magnificent Mile Charitable Foundation Board and Committee in reviewing the request. If qualified in the initial process, site visits will be made and applicants will be contacted for an appointment. Funds will be distributed end of December 2012. If you have any questions, please contact Bernadette Molina, MMCF Foundation Manager, at (312) 344-2324.
