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Applicant Qualifications
(Outside United States)
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Applicants for grants in the U.S. must be tax-exempt public charities.
In the U.S., this means that any interested organization must have
current proof of tax-exempt status from the United States Internal
Revenue Service. This document is known as a "501(c) 3" to U.S. public
charities.
There is no such document outside the U.S., and some
form of equivalency is necessary to meet the Monsanto
Fund requirements to provide grants. The next section
describes the areas that meet the Fund's requirements.
It is strongly recommended that the question of
equivalency be resolved in the earliest stages of
conversation between the Monsanto location and the
Non-governmental organization, or NGO, so the NGO
can determine its ability to qualify.
- The Monsanto Fund can invest in four areas:
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Public Charities (NGOs) Incorporated in the
U.S. and Working in Foreign Countries
Many large, U.S.-based NGOs are incorporated in
the U.S. but provide services to communities
outside the U.S. Examples are CARE, USA and
The Nature Conservancy. In these cases the
organization should provide a copy of the
U.S. 501 (c)3 certification.
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Public Charities (NGOs)
Local public charities should fill out the
Public Charity Questionnaire to determine
if they would be considered tax-exempt
in the U.S.
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Government Units
Entitities such as public hospitals, public schools, villages or municipalities
can receive grants from Monsanto Fund without having to provide proof
of charitable status, as long as those grants are consistent with
the Fund's purposes.
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Private Schools, Private Hospitals, Medical
Research Organizations
These institutions will need to fill out the
corresponding document to prove their tax-exempt
status before a grant can be made. The term
"hospital" includes rehabilitation institutions
and outpatient clinics, if such an organization's
principal purpose is providing medical care.
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The proposed project must fit within one of the
Funds Priority Areas of Giving
(Improving Nutritional Well Being through Agriculture, the Environment, Science
Education and Our Communities).
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Grants submitted for consideration by Monsanto Fund must be for
at least U.S. $25,000. This means one check written for at least US$25,000,
not several smaller checks that add up to US$25,000.
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NGOs must be experienced, established and reputable.
The Fund does not work with start-up organizations.
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NGOs must be financially sound. That is, they must
be operating "in the black," have a diverse funding
base and be audited annually.
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Funding will not be provided for the following:
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Individual aid or personal support.
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Underwriting deficits.
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Fraternal, labor or veterans organizations,
unless the project benefits the general public.
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Benefits, dinners, advertisements.
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Religious, politically partisan, or similar groups.
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Endowments.
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Activities that directly support marketing programs.
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Projects in which the Monsanto Company has a
financial interest or could derive a financial
benefit through cash or rights to intellectual
property
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Organizations that discriminate based on race,
creed, ethnicity, religion, sex, age or national
origin.
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Copyright © 2003 Monsanto Fund.
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All rights reserved. |