Requests for Major Grants – those more than $5,000 for program or project support – must address one of the Foundation’s priorities and applicants must be able to demonstrate a significant impact within the OceanFirst footprint. Organizations may request one major grant per year and if the request is declined, the organization must wait one year before reapplying to the Foundation.
Nonprofit organizations interested in applying for a Major Grant must first submit a Letter of Interest (LOI). Organizations that have not previously received a grant from OceanFirst Foundation should first contact the Foundation office to be screened for eligibility.
Letters of Interest should provide a brief background on the organization, how much is requested and a summary of the program, project or purpose for which the organization seeks a grant. Letters may not exceed two pages of narrative and must also include a one page project budget. The Foundation’s Major Grant Committee conducts a thorough review of the LOIs received to determine which organizations will be invited to move on to the next step which is the submission of a full proposal for consideration. Organizations will received notification of the disposition of their request at the conclusion of the LOI review process. Organizations that participate in the full proposal stage should anticipate receiving final notification of grants awarded in June.
Further, please note that all Major Grant applicants must have tax-exempt 501(c)(3) status with the IRS. In addition, organizations must be registered in the State of NJ as a charity and perform a certified annual audit if they are required to do so by the State. If invited to proceed to the next stage, there will be additional documentation requirements.
Please plan ahead
The deadline to apply was March 1, 2017. Please check back in 2018 for details on new opportunities.
Information for Grantseekers
If you or your organization is seeking a grant, you’ll want to determine if your project fits within our four core priority areas: Health and Wellness, Housing, Improving Quality of Life, and Youth Development and Education. Give us a call to chat about your ideas and we’ll guide you in the right direction.