The Ocean Reef Community Foundation grants programs are a direct result of the generosity of the Ocean Reef Community. The Community Grants Program provides support for qualified charities in the immediate and adjacent communities and prioritizes funding innovative approaches to address the root causes of community issues and empower our neighbors to be self-sufficient and successful.
The Foundation will consider Community Grants where a need for funding for building, equipment, improvements, increased efficiency, growth, programs, services, education, collaboration and innovation within our geographic limitations and project interest areas is presented through the annual application process. In considering requests, the Foundation will show preference for projects which relate directly or indirectly to the Ocean Reef employee base.
A request which asks the Foundation for a portion of the support for a project, and includes documentation of the other sources from which it has requested and/or obtained funds, will receive greater priority than one which looks to the Foundation as the sole funding source. The Grants Committee also prioritizes offering match grants in which each Foundation dollar granted will attract donations from other sources and will look favorably on organizations which maximize the opportunity.
The Community Grants Program seeks to fund projects which add to what a stable, established organization is able to offer the com-munity and therefore does not fund grants to cover general operating/overhead or administrative expenses unless these are one time requests in initial stages of growing the organization or offering new programs. In such a case, this must be acknowledged and plans for how the organization anticipates funding these costs going forward should be included in the request.
The Ocean Reef Community Foundation policy is for staff and Grants Committee members to vet grant applicants, visiting
personally whenever possible, and then to monitor recipients to verify that funding is being used in accordance with the terms of the Grant Agreement.