Is our organization eligible to apply for a grant or loan? (top)
The Raskob Foundation accepts applications only from official Catholic, tax-exempt, non-profit organizations. Per the Foundation's Charter, requests by or for individuals cannot be honored. Within the United States, Catholic organizations are recognized by the U.S. Internal Revenue Service as those listed in the most recent edition of the Official Catholic Directory, published annually by P.J. Kenedy & Sons. Outside the United States, the Raskob Foundation only accepts applications from Catholic dioceses, Catholic parishes, Catholic schools, Catholic hospitals and Catholic religious congregations. Under special circumstances applications from certain Catholic NGO’s can also be considered. (click here for special instructions)
How can our organization apply for a grant or loan? (top)
Qualified organizations can apply for a grant or loan in three ways:
- Submit an application online – this option allows you to establish an account to create, save, submit and track your application(s) via our website.
- Download an application – this option allows you to download and print our application form in PDF format. If you choose this option, your application must be submitted via postal mail or express delivery service. To submit electronically you must use the online option #1 above.
- Request an application by mail - Submit a written request to the Foundation, on the stationery of the Catholic organization that will apply, via postal mail or fax. Upon eligibility determination, a hard copy application package will be sent to you via postal mail. Please direct your written request for an application to: Mr. L. Charles Rotunno, Jr, Vice President – Grants Management, Raskob Foundation PO Box 4019 Wilmington, DE 19807
When can our organization request an application package? (top)
Requests for application packages by mail are accepted at any time. Hard copy application packages are sent to applicants through 1st Class U.S. domestic mail or normal international mail. You can also download an application package and access our online application at any time. However, with our online option although you may work on and save your application at any time, you may only submit the application during our application acceptance windows of December 8th – January 15 and June 8th – July 15.
Do we have to request a new application package each time we want to apply? (top)
Yes, if you are requesting a hard copy application by mail. In this case, a new written request must be submitted each time you apply. Applications requested by mail are assigned a unique tracking number for correspondence and reporting purposes.
May we generate an application form using our computer in place of the hard copy version? (top)
Yes. However, the form must conform to both the size and layout (sections/questions) of the Foundation’s Application Form. The applicant generated form cannot consist of more than 2 pages and should be submitted on 8 ½’’ x 11’’ white paper.
What are the deadlines for submission of proposals? (top)
Our Board of Trustees meets twice a year to review applications – in mid-May and late November. Applications may only be submitted between December 8th and January 15th for our mid-May Meeting and between June 8th and July 15th for our late November Meeting. Applications that arrive outside of these time periods will not be considered or saved for the next meeting.
Are there any fields of activity for which the Foundation will not accept applications? (top)
The Foundation DOES NOT ACCEPT applications for the following purposes:
- Tuition, Scholarships or Fellowships
- Endowment Funds
- Grants made by other grant making organizations
- Reduction of Debt
- Individual Scholarly Research
- Legislative Advocacy or Lobbying
- Projects completed prior to our Board Meetings in mid-May and late November
Are there any other restrictions? (top)
Yes, concerning Construction Projects. In general, requests to fund large construction projects have a low priority with the Raskob Foundation.Building or Renovation Projects costing over $200,000 are not accepted for consideration until:
- 50% of the total cost is in hand. (Monies pledged but not actually received or contractually committed do not satisfy this requirement.)
- A signed construction contract is in existence.
- Construction is actually underway.
Where and to whom do we send our completed proposal? (top)
If you are using our online option, you will submit your application electronically via our website. If you are using an application downloaded from our website or sent to you hard copy by mail, please send your completed proposal to: Mr. L. Charles Rotunno, Jr. Vice President – Grants Management Raskob Foundation PO Box 4019 Wilmington, DE 19807-0019 Overnight Mail (Street) Address: 10 Montchanin Road Wilmington, DE 19807
Must the completed application form and supporting documentation be received or postmarked by the deadline date? (top)
They must be received by the deadline date. Applications being submitted via postal mail or express delivery service must be received at the Foundation's Office by the deadline dates to be eligible for consideration. When January 15th or July 15th falls on a weekend or holiday, the deadline is 5 PM of the previous business day (Monday-Friday). Due to increasing volume, we cannot guarantee that applications received in the last week of these time periods will be processed for the docket. We urge Applicants to submit applications as early as possible in each time period. If you are using our online option, although you can work on and save your application at any time, it can only be submitted during our application acceptance windows of December 8th - January 15th and June 8th – July 15th. The “submit” button will be inactive all other times of the year.
How will we know if you have received our completed application and supporting documentation? (top)
- Applicants who have included email addresses in their proposals will receive notification via email when their applications have arrived at our offices and, subsequently, when eligibility has been determined.
- Applicants who have not supplied email addresses will not receive notification that their applications have arrived at our offices, however will be notified via postal mail after eligibility has been determined.
- Applicants submitting proposals electronically have the additional option of logging into their account on the Foundation’s website to view the status of their application(s).
What is “a Letter from the Ordinary of the diocese”? (top)
For US applicants, it is a letter from the Cardinal, Archbishop or Bishop of the Arch/Diocese where the project will be carried out, commenting on your application to the Raskob Foundation. Letters from Auxiliary Bishops or Department Heads do not satisfy this requirement. In the case of religious orders not under the jurisdiction of an Ordinary, the Provincial, Abbot or Superior should send a Letter commenting on the application. For applicants outside the US, it is a Letter from the Cardinal, Archbishop or Bishop of the Arch/Diocese where the organization is located, verifying that the organization is located within the Diocese, is Catholic, and is not-for-profit. In the case of religious orders not under the jurisdiction of an Ordinary, the Provincial, Abbot or Superior should send a Letter commenting on the application.
What is a Narrative? (top)
A narrative should follow the general outline of the application form, but explain points in greater detail. It may also include any other information that you feel is important. (Preferably not to exceed 5 pages.)
What is a Budget? (top)
A budget is a detailed breakdown of the cost elements and sources of income of the program/project for which funds are being requested. The requested Raskob grant should be included among the income items.
What is a Financial Statement (for U.S. Applicants)? (top)
A financial statement is the latest official 12-month accounting of the organization. It should list the organization's Statement of Financial Position (*assets/ liabilities), and Statement of Activities (*income/expenses). This can best be provided by sending the latest 12-month audited financial statements, including all notes to financial statements and supporting schedules. If audited statements are not available, the most recent, unaudited in-house statements of the organization will satisfy this requirement.
- Assets - Listing or value of current monetary assets (cash—checking/savings, accounts receivable, investment portfolios, scholarship funds, endowment funds, etc.) and fixed assets (buildings, land, furnishings, equipment, vehicles and the like). Liabilities - Monies currently owed or future commitments (accounts payable, mortgages, loans, credit cards, outstanding payroll/benefits, etc.).
- Income and the sources of income (tuition, fees, collections, grants, donations, government programs, rentals, dividends, etc.) Expenses - Salaries, transportation, utilities, maintenance/ rent, office supplies, program costs and the like.
Applicants frequently omit their fixed assets. This is required, even if the fixed assets are owned by a parent corporation (parish, diocese, bishop sole, religious order, consolidated health system, etc.). If you don’t have this information on hand or are having a difficult time acquiring it, the insurance value of such fixed assets would satisfy the requirement. If you are a private organization or fund-raising Foundation, making application for a parent organization, the Financial Statements of both organizations are required.
What is the average grant? (top)
Requests for aid far exceed the dollars available. Please see our listings of grants approved for further details about the range and type of grants made by the Foundation.
What are the Foundation’s funding priorities?(top)
The Foundation has no official funding priorities. However, the Raskob Foundation takes particular interest in projects in which self-help and local support are demonstrated.
When will we be notified of the Foundation's decisions? (top)
We notify our applicants as promptly as possible. Board decisions of our mid-May meeting are generally processed by early-to mid-June. Board decisions of our late November meeting are generally processed by mid-December.
Can we meet with a representative of the Foundation to discuss our proposal? (top)
Meetings or phone conversations with staff of the Foundation may be requested and, if feasible, will be arranged. In some cases, family members of the Foundation may request a meeting or phone conversation when they are reviewing applications.