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Grants
and Program-Related Investments to Organizations
| Request
is made for a grant or program-related investment |
Grants
to individual |
How
does the foundation decide what to support? |
How
is a grant selected and made? |
How
does Setu monitor grants? |
| Request is made for a grant
or program-related investment |
Before
a request is made for a grant or program-related investment, a
brief letter of inquiry is advisable to determine whether the
foundation’s present interests and funds permit
consideration of the request.
The
letter should include:
-
The
purpose of the project for which funds are being
requested
-
Problems
and issues the proposed project will address
-
Information
about the organization conducting the project
-
Estimated
overall budget for the project
-
Period
of time for which funds are requested
-
Qualifications
of those who will be engaged in the project
After
receiving the letter, foundation staff members may ask the
grant seeker to submit a formal proposal. There is no grant
application form. The proposal should include:
- The
organization’s current budget
- A
description of the proposed work and how it will be
conducted
- The
names and curricula vitae of those engaged in the
project
- A
detailed project budget
- Present
means of support and status of applications to other
funding sources
- Legal
and tax status
In
some instances, the foundation requires the grantee
organization to match the foundation’s grant with funds from
other sources.
The
foundation supports pluralism and equal opportunity in its
grant making and in its internal policies. The opportunities
that prospective grantee organizations provide for women and
other disadvantaged groups are considered in evaluating
proposals.
Applications
are considered throughout the year. If the proposals are
within the foundation’s program interests and budget
limitations the approval process for grant is generally
completed within three months. Rejections are intimated in
three weeks of receipt. Activities supported by grants and
program-related investments must be charitable, educational or
health care related, as defined under the appropriate
provisions of the Indian laws. The foundation monitors grants
through regular financial and narrative reports submitted by
the grantee.
The
foundation’s funds are limited in relation to the great
number of worthwhile proposals received. The foundation
directs its support to activities that are within its program
interest and are likely to have wide effect. Support is not
normally given for routine operating costs of institutions or
for religious activities. Funding is not available for the
construction or maintenance of buildings specifically except
in rare cases for educational or health care.
Requests
in India should be e-mailed to: contact@mysetu.org
or mailed to:
The
Setu Foundation
120, Nirman Apartments,
Mayur Vihar Phase 1,
New Delhi 11 00 91
India .
Fax + 91 11 2711928 .
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| Grants
to Individuals |
| Most
of the foundation’s grant funds are given to organizations.
Although it also makes grants to individuals, they are few in
number relative to demand and are limited to research,
training and other activities related to its program
interests.
Support for graduate
fellowships is generally provided through grants to
universities and other organizations, which are responsible
for the selection of recipients.In all cases,
recipients are selected on the merits of their proposals and
on their potential contribution to advancing the
foundation’s program.
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| How
does the foundation decide what to support? |
Setu’s
trustees and staff try to advance human welfare by making
grants to develop new ideas or strengthen key organizations
that address poverty and injustice, and also promote
democratic values, cooperation and human achievement. Within
these broad aims, we focus our grants on fields within
Community Development, and Social Justice .
Working in these selected fields also enables us to link
grantees for their mutual benefit, knowledge and inspiration
guided by the sense of funding needs and opportunities for
innovation.
Once
the board approves work in a substantive or geographic area,
program staff consult broadly with practitioners, researchers,
policy makers and others to identify foundation initiatives
that might contribute to progress, specific work grantees
would undertake, benchmarks for change, and costs. When the
program officer has completed this analysis, he or she
presents the ideas in a memorandum reviewed by the a
supervisor and at least two foundation officers before
approval of the SMB. When approved, the program officer begins
to make grants within the broad parameters of the approved
memorandum and budget allocation. Staff regularly provide
reports to the board about grants made and ongoing lines of
work.
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| How
is a grant selected and made? |
Proposals
are accepted and reviewed in the office and are be approved
generally at weekly meetings of staff and foundation officers.
Setu considers requests for grants, recoverable grants, loans
and loan guarantees. Requests range are accepted in
categories such as planning grants, project support, general
support and endowments.
Upon
receipt, each proposal is numbered and a letter is sent to the
applicant. If a grant request falls within program interests,
it is reviewed by a program officer. The program officer
looks for fresh ideas and effective organizations that can
help advance work in a particular area, as well as for
evidence that the people and organizations are likely to
succeed in the project they propose and work well with others.
If
the proposal is being considered for a grant, meetings, site
visits, grant negotiations, administrative and legal review
and presentation of the grant for approval are generally
completed within three months. The first check from the
foundation or bank notification should arrive a few weeks
after a grant has been approved.
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How
does Setu monitor grants? |
During
the course of a grant, the program officer usually visits with
the grantee on site or at a foundation office, reviews
periodic financial and narrative reports, shares them the SMB.
The grantee may be asked to attend meetings the foundation
convenes to discuss current and future program strategy.
Often, Setu hires consultants to help monitor groups of grants
or a single grantee’s work.
Monitoring
is designed to ensure that the funds are used for approved and
lawful purposes, and to see whether the grant is contributing
to progress toward the larger goal—for example, reducing
poverty or injustice. Setu staff members understand that the
work the foundation and its grantees undertake together is
difficult, that success often results from multiple efforts
over a long period, and that setbacks are likely. The
monitoring process encourages candid exchanges about how
things are going and whether the strategy might be adjusted to
get better results over the long term.
In
the course of its work, the foundation regularly convenes
program officers and grantees working on similar problems in
order to compare strategies and advance learning. These
various supports for comparative analysis help identify
principles of success along with local variations.
Grant
renewals are frequent since the foundation supports long-term
strategies. After the completion of a grant, the program
officer approves final reports, and the grant is closed. The
grant file is then moved to Setu’s archive and these
archived documents may be opened for research as and when
required.
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