All proposals will be reviewed by the Cloudbreak Foundation Board of Directors and a funding determination will be made. Grant applications are considered twice a year, at the June and December board meetings. New organizations and previous applicants that have not received an invitation should only apply during the winter cycle.
Grantseekers should first review the grant guidelines to determine if their approach and funding needs are consistent with the Foundation’s interests. Organizations which believe that there may be mutual interests should then submit a letter of inquiry (LOI). Grantseekers are welcome to contact the Foundation with questions or to discuss their ideas with Foundation staff.
Foundation staff will contact each applicant approximately one week after the LOI deadline to either invite or decline a full application. An invitation to submit a full application is no guarantee of a grant. This is an indication that the Foundation wants to hear more about the proposal because it appears to meet the basic requirements for funding.
Recipients will be notified of the grant decision within three weeks of the board meeting. Grant awards may include a reduction in the amount of funding, a full or partial matching challenge, a modified payment schedule, or other stipulations. Any restrictions will be described in the grant agreement, which will also specify a reporting schedule.
Proposals that are funded generally have report requirements, including both narrative and financial information. Grantee reports may be used as a learning tool to help other organizations and guide future Foundation funding.