the goizueta foundation

Scholarship Endowment Guidelines:

Reporting Requirements: All reporting requirements must be satisfied before the organization is eligible to submit any future unsolicited grant requests.  In determining eligibility, The Foundation will evaluate the organization's quality of reporting, leadership and financial stability, as well as the impact of the grant on the organization.

• Notification is requested once the scholarship recipient(s) have been selected;
• Endowment Reports are due at the end of each academic year beginning in the year following the payment of grant funds, and should include:

      Narrative - 2 to 4 pages preferred.

a)      Information on the scholarship recipient(s) selected, including racial/ethnic demographical information and amount of Goizueta scholarship funds received.

b)     Description of the recruitment plan and retention strategies, including applied resources personnel, and status of efforts.

c)      Description of admission process for the scholarship recipient(s), including any strengths, weaknesses, and/or unanticipated outcomes.

d)      Information on the current student enrollment and ethnic demographic breakdown by percentage.

Financial -  Attachments.

a)      Specific to the scholarship endowment:

1. Total amount of need-based financial aid awarded from organization's annual operating budget;

2. Income appropriated for scholarship assistance from endowment fund;

3. Year-end market value of endowment, current spending policy, and % of yield for academic year.

b)     A recent balance sheet (assets and liabilities) and statement of income and expenses (preferably no more than three months old).

c)   An updated list of all nongovernmental sources of income - $25,000 per year or more - for your current fiscal year and future commitments.  Please feel free to annotate an existing list, but be sure to indicate annual amounts, grant periods, and which grants are restricted.

Please complete and attach the Endowment Activities Worksheet

Program Endowment Guidelines:

Reporting Requirements: All reporting requirements must be satisfied before the organization is eligible to submit any future unsolicited grant requests.  In determining eligibility, The Foundation will evaluate the organization's quality of reporting, leadership and financial stability, as well as the impact of the grant on the organization. 

• Endowment reports are due at the end of each fiscal year beginning in the year following distribution of the grant funds, and should include the following:

      Narrative - 2 to 4 pages preferred.

a)    A brief description of the project.

b)   Please restate the goals you set for the project.

c)       Progress and/or setbacks relative to these goals.

d)      How you measured the project's impact on participants, your organization, and the broader community.  Please cite specific indicators of change and the time period over which you measured them.

e)      What you learned from this information and how you applied or will apply it to improve future activities or strategy.

f)      Significant board and/or staff changes, if any.

g)      Leadership Opinion (to be provided by the Executive Director, President, or Headmaster): Description of how the program has been integrated into the daily operations of the organization and how the grant has impacted the organization's overall effectiveness/capacity.

Financial -  Attachments.

a)      Specific to the program endowment:

1. Total amount allocated to the program from organization's annual operating budget;

2. Income appropriated for the program from the endowment fund, including budget breakdown by program component;

3. Year-end market value of endowment, current spending policy, and % of yield for academic year.

b)     A recent balance sheet (assets and liabilities) and statement of income and expenses (preferably no more than three months old).

c)   An updated list of all nongovernmental sources of income - $25,000 per year or more - for your current fiscal year and future commitments.  Please feel free to annotate an existing list, but be sure to indicate annual amounts, grant periods, and which grants are restricted.

Please complete and attach the Endowment Activities Worksheet

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Speeches by Roberto C. Goizueta

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