FAQs
Current grantees
We have created a list of frequently asked questions for both grantees and grant seeking organizations.
How will my organization be notified if we are approved for a grant?
Grants are approved at the foundation’s fall board meeting. Grantees will be notified via decision letter shortly thereafter. If approved, the letter will stipulate the terms of the grant, scheduled payment date, and other relevant information.
What are the reporting requirements and obligations as a grantee?
What if my organization cannot expend the funds for the grant period?
Organizations may not use all the funds granted during the grant period due to several reasons, including: a late project start; a change in key project staff; increased funding from other sources that may reduce the amount required from the Siragusa Family Foundation in a given year; and/or a change in the project that reduces expenses.
Grantees must notify foundation staff as soon as possible about a change in how or when they will expend the funds granted. The course of action will vary depending on the situation and staff will work with the grantee to establish an appropriate resolution.
Can my organization request an extension to grant period?
Grantees must communicate with foundation staff regarding a change in their program or project that would affect funding or use of funds from the Siragusa Family Foundation. Requests to delay or alter the award date for grants will be reviewed for both financial and programmatic feasibility and are not automatically granted.
What if my organization does not accomplish the goals identified in our proposal by the end of the grant period?
Grantees should contact foundation staff about circumstances surrounding a substantial delay or change in the program’s/project’s progress. It is best to notify the foundation as soon as a challenge is encountered so that staff may work with the organization to establish next steps that make sense for both the foundation and the grantee.
If the grantee is still able to complete the project and needs more time, it may request an extension of the grant time period. Grant extensions require prior approval. We ask that grantees request an extension at least 3 months prior to the end of the grant period so the request may be reviewed with ample time to address any additional questions.
What if I need more time to complete a report or to provide information to the foundation?
We ask that grantees alert the foundation of the situation as soon as possible. Staff will make every effort to work with grantees to ensure that they are able to provide the information required in a fashion that is suitable to both the organization and to the foundation.
Grant seeking organizations
Please note that the Siragusa Family Foundation does not accept unsolicited letters of inquiry or proposals. The responses included below are designed to be informational.
The Siragusa Family Foundation is working to align its grantmaking around its mission, vision and values while assessing community needs. As a result of this process, we believe the most effective way for the foundation to utilize its resources is to continue our focus on maintaining support for current grantees. However if the foundation’s situation changes in any way, we will update our website with relevant information.
What is the process for applying for a grant?
Is there a standard format for proposals?
What amount of support should we request in a proposal?
If invited to apply, foundation staff will advise the organization on the appropriate amount of funds to request, taking into account its organizational budget, project budget and expected income from other sources. The foundation rarely is the sole funder of a project and encourages applicants to develop a variety of funding sources for their programs.
Does the foundation fund operating expenses?
Is there anything that the foundation does not support?
Does my organization or project have to be located in the greater Chicago area?
What is your grant review process?
When are organizations invited to submit a proposal notified of funding decisions?
Will I need to submit a grant report?
The Siragusa Family Foundation no longer expects organizations receiving a grant in the amount of $10,000 or less to submit an annual grant report, unless you are part of our Siragusa Scholars portfolio. In lieu of the grant report, we encourage grantee partner organizations to schedule a site visit or meeting with foundation staff once per year. If you would like to share narrative updates, we welcome receiving a report that your organization has completed for another funder.
Organizations receiving a grant in the amount of $15,000 or more are asked to submit a grant report or scholarship update detailing activities supported by the foundation during the grant year. A site visit or meeting with foundation staff once per year is also encouraged.
A philanthropic partner of nonprofits to improve communities throughout the Chicago region
Through its giving, the Siragusa Family Foundation seeks to fulfill its mission of supporting efforts that help people help themselves and experience a better quality of life.