Overview
Millstone Fund awards grants two times per year: March and September.
Standard Grant Cycle Timelines
March Awards | September Awards |
---|---|
Portal opens early August *No access code needed | Portal opens early February *No access code needed |
LOI Deadline Oct 1 | LOI Deadline April 1 |
Application invitations sent in Nov | Application invitations sent in May |
Application Deadline Dec 15 | Application Deadline June 15 |
Grants awarded in March | Grants awarded in September |
Eligibility, Priorities, and Considerations
Eligible organizations include non-profit organizations with active 501(c)(3) status and that directly benefit residents of greater Cincinnati in the areas of health, education, and/or arts.
Eligibility to apply for funding after award: Millstone Fund typically expects an organization to complete a full grant period, including an evaluation follow-up report, prior to submitting another LOI for the same need. Organizations typically will not receive funding for the same need at a frequency less than every two years.
One-year grant eligibility timeline:
Funding Awarded | Report Due | Eligible LOI | Potential Funding |
---|---|---|---|
March, 2024 | April, 2025 | October, 2025 | March, 2026 |
September, 2024 | October, 2025 | April, 2026 | September, 2026 |
- Considerations:
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- Millstone Fund is committed to inclusion, equity, and a sense of belonging for all people in our community. Requests should reflect the ways in which programming aligns with these values.
- Before submitting an LOI or reaching out to the Grants Director, please review our priorities in health, education, and arts.
- Currently, unsolicited grant requests, especially those for operating/program support, will, if awarded, average $20,000-$30,000. Unsolicited grant requests, operating/program support requests (unless approved by board), and/or requests from organizations new to Millstone Fund should not exceed $50,000. Requests will generally not be considered for less than $10,000.
- The Board of Directors takes many factors into consideration when determining whether to award grants and at what level, including:
- alignment with Millstone Fund strategies and priorities;
- the quality of the application and promise to address a problem or advance work integral to the mission;
- the full scope of need and commitments in the grant cycle including other requests received, Millstone Fund investments in collaborative initiatives, and any funds already committed to funder-initiated Request for Applications (RFA);
- the request amount relative to the organizational and program budgets; and
- additional funding resources outside the request.
- Any request in excess of $50,000 requires communication and approval from Millstone Fund staff prior to LOI submission.
- We welcome innovative ideas! We encourage these written innovative ideas to be shared for feedback and/or discussion as time permits prior to LOI submissions for these projects.
- Our Standard Responsive grantmaking is only a portion of the entire Millstone Fund grantmaking portfolio. These awards require a competitive review process. Due to limited responsive grantmaking funds, some well-aligned requests may not be awarded.
- We recognize that indirect costs are important in keeping an organization strong and do allow for a percentage of overhead commensurate with the unique circumstances of the request, organization, and other support.
- We strive to provide strategic funding. Millstone Fund continues to evolve as engaged funders by building strategic investments with well-aligned organizational partners, collaboration efforts and larger projects.
- Multi-year awards will be by invitation only or in response to a specific Request for Applications (RFA).
Please see Who We Support for additional details on funding priorities.
Requests are not considered for:- Organizations with a mission to advance a specific religion or specific religious practices. This includes support for schools with a religious affiliation.
- Endowments (larger campaign requests which include endowment funding in the proposal scope should specify that no funds will be used towards the creation or sustaining of endowment).
- Organizations with a primary mission to support animal causes.
- Organizations outside the United States.
- Political campaigns
- Sponsorships
- Loans to individuals
- Reducing organizational debt
Grant Process
Letter of Inquiry deadlines: October 1 / April 1- Submit an LOI here.
- Millstone Fund Review Committee will review LOI to determine whether an application invitation will be offered.
- Organizations offered the opportunity to complete a full application will be notified of next steps.
Application deadlines: December 15 / June 15- If a grantee has questions regarding the application process, eligibility criteria or their organization’s alignment with Millstone Fund, please contact Elle Folger, Grants and Partnerships Lead, Millstone Fund, at efolger@millstonefund.org.