Applicants for grants in the U.S. must be tax-exempt public
charities. Any proposed project must fit within one of the
previously described focus areas. The non-profit seeking
funding must be experienced, established and reputable.
The non-profit must be financially sound, have a diverse
funding base and be audited annually. Please see the
detailed qualifications below.
Applicants for grants in the U.S. must be tax-exempt
public charities. In the U.S., interested
organizations must be recognized by the
Internal Revenue Service as tax-exempt under Section
501(c)(3) or as a "unit of government"
under Section 170(c)(1). A 501(c)(3) is a section
of the Internal Revenue Code which establishes
criteria for tax-exempt charitable organizations.
Section 170(c)(1) refers to agencies who conduct
business to benefit the public at large, like
public schools, libraries, villages and
municipalities.
The proposed project must fit within one of
the previously described priority areas (Nutritional Improvement through Agriculture, Science Education
and Our Communities). Projects that qualify under the
"Our Communities" category need to reflect a locally
established priority, decided jointly by Monsanto
employees and community representatives.
The non-profit seeking funding must be experienced,
established and reputable. The Fund does not work with
start-up organizations.
The non-profit must be financially sound, have a
diverse funding base and be audited annually.
Funding will not be provided for the following:
Individual
aid or personal support
Underwriting
deficits
Fraternal,
labor or veterans organizations, unless the project benefits the
general public
Benefits, dinners,
advertisements
Religious,
politically partisan, or similar groups
Endowments
Activities
that directly support marketing programs
Projects in
which Monsanto Company has a financial interest or could derive
a financial benefit through cash or rights to intellectual property
Organizations that discriminate based on race, creed, ethnicity,
religion, sex, age or national origin
