The Verizon Foundation is dedicated to improving lives and giving back to the community. To that end, they are accepting grant applications for projects that focus on education. Organizations can apply for an Event/Sponsorship Grant or a Competitive Grant.
To be eligible for Verizon Foundation grants, organizations must:
- Not duplicate or overlap the work of public agencies on the federal, state, or local level;
- Serve the community without any discrimination on the basis of age, color, citizenship, disability, etc.;
- Keep books available for regular independent outside audits and make the results available to all potential contributors;
- Comply with applicable laws regarding registration and reporting; and,
- Be classified by the IRS as a tax-exempt charity under section 501(c)(3) of the Internal Revenue Code and are further classified as a public charity under section 509(a)(1)-509(a)(3) of the Internal Revenue Code.
Organizations are also invited to take the Verizon Foundation’s Eligibility Quiz (located here: http://www.verizonfoundation.org/grants/guidelines/). Although the Foundation does not have a range for grant amounts, the average grant size over the past several years ranged between $5,000 and $10,000. At least 85 percent of awarded funds must be comprised of direct costs, and IT-related purchases should total no more than 20 percent of the grant’s total direct costs.
Applications reviewed year round starting Jan. 1, 2013