JIF Core Grants

JIF Core Grants

Status: ACTIVE
Funder: The John's Island Foundation Inc
Amount: Up to US $100,000
Last Updated: May 08, 2025

Summary

The John's Island Foundation (JIF) offers Core Grants annually to support capital needs of nonprofit agencies in Indian River County. Eligible agencies must be tax-exempt 501(c)(3) organizations that demonstrate a commitment to serving individuals facing challenges related to food, shelter, health, and education. JIF focuses on tangible capital improvements, ensuring that funds are used to enhance community services. This initiative reflects JIF's dedication to fostering a sustainable impact for those in need within the local community.

Overview

Our Mission The John’s Island Foundation (JIF) provides grant funding for capital needs to nonprofit agencies that serve residents in Indian River County. Agencies eligible for funding are those that serve people in need and whose programs are directed toward meeting needs or assisting with issues related to food, shelter, disabilities, health, aging, abuse or education. Our History In 1999, a group of John’s Island members met around Ellie McCabe’s dining room table to address a need in Indian River County. While local organizations in town were funding program and service needs, nonprofit agencies had nowhere to turn for bricks and mortar and capital improvements. With the help of local attorney John Moore, the John’s Island Foundation was formed. The Foundation established by-laws that set the groundwork for the future: to raise funds from the John’s Island community to make capital grants to agencies serving those in need in Indian River County. JIF Core Grants Core Grants are awarded annually to Indian River County nonprofits for capital needs. Agencies eligible for capital funding are those that serve people in need in Indian River County and whose programs are directed towards meeting needs or assisting with issues related to food, shelter, disabilities, health, age, abuse or education.

Eligibility

You can learn more about this opportunity by visiting the funder's website. Only non-profit tax-exempt 501(c)(3) organizations that file an IRS Form 990 tax return will be considered. Agencies with religious affiliations will be considered only if they serve community members without regard to their religious beliefs and assets will not be used for religious purposes.Only capital investments that directly support the mission of the requesting non-profit will be funded. Capital is defined as tangible assets, typically with a useful life of three years or more (e.g., additions or improvements to land or buildings, playground or medical equipment, vehicles, computers):computer equipment and software may be funded for specific programming needs. normally painting is considered regular maintenance unless it is specific to a new construction or renovation project.Applicants should demonstrate a track record of operation with continuity of programs serving those in need for at least one year. The agency must be financially viable as evidenced by a history of generally breaking even, meeting budgetary projections, and having sound governance.an annual audit by an independent CPA for the last two fiscal years is required from agencies. the establishment of a capital budgetGrants may be made for improvements to leased facilities or for assets intended to be used in leased facilities. In such cases, the agency must represent that:the facility lease specifies that capital improvements are the responsibility of the lessee;the remaining term of the lease (including lessee options) exceeds the useful life of the assets to be funded; and,the agency intends to continue to utilize the property for at least the useful life of the assets to be funded.Grant requests should demonstrate that the agency will make its best efforts to complete the project in a cost-effective way, including obtaining two competing bids where appropriate. If a grant is approved for a construction or other long-term project, funding may be provided in several tranches as set forth in the grant documents approving the project.

Ineligibility

Grants will not be considered for endowments, private foundations, sectarian or political purposes, individuals, or animal welfare.JIF does not fund the purchases of education curricula.JIF does not fund devices (including cell phones, iPads, or laptops) for personal use.