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Formal Grant Proposal Requirements
Who May Submit a Formal Grant Proposal
Only those applicants whose Preliminary Grant Applications were approved may proceed to the second step in the Foundation For the Future's grant-making process. These applicants will be specifically invited by the Foundation to submit a Formal Grant Proposal. Applicants may be funded for only one grant at any given time.
When to Submit Formal Grant Proposals
The Formal Grant Proposal must be submitted by August 1 of the year in which the Preliminary Grant Application was approved.
How to Submit Formal Grant Proposals
Formal Grant Proposals must be submitted as an email attachment to the FormalGrantsAdmin@futurefoundation.org (Formal Grants Administrator), and the email subject line must read Formal Grant Proposal. The proposal must be in English. Microsoft Word fileformat is preferred. The proposal narrative must not exceed 7,500 words. The entire document, including attachments, must not exceed 15,000 words.
Format of the Formal Grant Proposal
The following sections are to be provided in the proposal:
I. Cover Sheet
Provide the title of the research project; complete contact information of submitter; name and address of affiliated organization, if applicable; and date. (If your organization is a non-profit and your project is approved for funding, you will be required to provide a copy of IRS determination of status or appropriate foreign government documentation.)
II. Project Summary
Provide a summary (up to 400 words) that includes an explanation of how the research will focus on factors that may affect human life in coming millennia. It must tell the Foundation why this research is valuable and consistent with the Foundation's mission and objectives.
III. Project Description
Provide a description of research methodology, research sites, and individuals working on the project. If other funding sources are used for this research, they must be discussed both in the project description section and in the budget section.
IV. Project Timeline
Provide a brief schedule of your project, indicating activities and milestones scheduled for completion during each phase of your research.
V. Relation to prior work by yourself or others
Provide narrative to indicate clearly how this research will expand upon work previously done by yourself or others, and how it will further advance knowledge in your field.
VI. Biographical Sketch(es)
Provide summaries of the credentials of each researcher and of the applicant organization/institution.
VII. Budget Schedule
Provide budget information based on the format below:
A. Salaries and Wages
B. Other Direct Costs
- Materials and Supplies
- Publications
- Consultant Services
- Computer Services
C. Total Direct Costs
D. Indirect Costs (not to exceed 15% of direct costs)
E. Total Direct and Indirect Costs
The budget must show how expenses will occur on a monthly basis over the timeline of the project.
Non-profit organizations must also include:
• Total overall operating budget for the organization.
• If the proposed research is part of a larger project, the proposal must include the budget for the entire project and portions funded by other entities, as well as what percentage this project is of the larger project.
VIII. Attachments/Supplementary Documentation
Provide any other material you feel supports this proposal.
IX. Submit Formal Grant Proposals no later than August 1
The Formal Grant Proposal must be submitted as an email attachment to FormalGrantsAdmin@futurefoundation.org (Formal Grants Administrator) no later than August 1 of the year in which the Preliminary Grant Application was approved. The email subject line must read Formal Grant Proposal. Immediately after successful submission, the applicant will receive online acknowledgment of our receipt of the Formal Grant Proposal.
What Happens Next
When the Formal Grant Proposal enters processing, the applicant will receive automatic email notification that the proposal is in review. Decisions regarding funding are made by an independent review panel. Their decisions are further reviewed by the Foundation Trustees, and final decisions are made on or about November 15, with immediate notification to applicants. The decisions are final and not subject to appeal or further review.
Completion of grant projects
Grantees are expected to complete grant projects in full compliance with the grant agreement. Should a grant awardee fail to complete a grant project, the Foundation For the Future may ask for the return of any funds paid under the agreement.
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