The Mary Morton Parsons Foundation Grant Guidelines
The Mary Morton Parsons Foundation awards grants to organizations that are exempt under IRS Section 501(c)(3), not classified as a private foundation as defined in Section 509(a), and either located in the greater Richmond region or having a direct impact in the Commonwealth of Virginia. Please ensure that you meet these criteria before submitting a grant application.
** We now accept grant applications via our online application portal only. You must register and begin the application process two weeks before the submission deadline.
Application Deadline Information
Applications must be completed online by 5 pm EST on the following dates:
- Spring Cycle: March 15 (Foundation response Early June)
- Fall Cycle: September 15 (Foundation response Early December)
If these dates fall on a weekend or holiday, applications will be accepted until 5:00pm on the first business day following.
Grant Basics
Please be aware of the following before you begin your application:
- Typically our grants fund no more than 1/3 of a project’s cost.
- Grant awards are made on a challenge or matching basis.
- Grantees must meet all conditions stated in our award letter within 12 months of approval, and failing to do so may result in grant withdrawal.
- In the case of a construction grant, we will likely require the commencement of construction before we fund the grant.
- As a condition of funding, the Board of The Mary Morton Parsons Foundation expects that 100% of the grantee’s organizational board be contributing to the organization.
Before You Begin Your Grant Application
The following information will be needed to successfully complete the online application.
Document Checklist:
Cover Letter
List of the Organization’s Current Governing Board and its Officers
IRS Determination letter
Project Budget
Organization’s Current Operating Budget
Recent Financial audit
Recent IRS 990
Questions Include:
Contact Information
Organizational Details
The demographic makeup of your board and the community members you serve
Project Description
A detailed financial plan for the project
Highest Level Seal of Transparency your organization has earned from Guidestar by Candid (if applicable)
Instructions and Support:
Once you have started an application, you may click the “Save Application” button at the bottom of the page. Click the “Submit Application” button once you have completed the application. You will receive an email confirmation when the Application is successfully submitted.