Foundation grants are funded through the general fund of the ADEAGies Foundation (the Foundation). Annually, the ADEAGies Board of Trustees meets in March during the ADEA Annual Session & Exhibition to determine the total amount of funding available for the upcoming fiscal year. This amount is considered when determining funding levels for each grant.
The Foundation seeks to fund as many projects as possible, which may naturally limit the amount of funding available for each proposal. In general, the Foundation prefers to fully fund proposals. However, some proposals may merit partial funding. The Board of Trustees reserves the right to make such decisions.
Foundation grants will be awarded to organizations/institutions an on annual basis. Although grants are funded for one year, the Foundation recognizes that some initiatives (such as pilot programs or proof-of-concept projects) will require more time to gain institutional and departmental support. Therefore, an organization/institution may submit a grant renewal request to the Foundation to consider a second year of funding. Two-year projects must be divided into one-year segments, and each segment will be considered for a one-year grant with no guarantee of continued funding (for a maximum of two consecutive years). If funds are not used within the year, awardees may request a no-cost extension on their one-year grant; awardees who have received approval for a no-cost extension must wait a minimum of two years before submitting any further funding requests.
The names of Principal Investigators (the individuals submitting a Letter of Intent or grant proposal) are confidential. Only funded grants (including the grant program/project, institution/organization name, title of the work and a short blurb or testimonial) are published on the ADEA and ADEAGies Foundation websites. The funded grant information may also be announced at the annual William J. Gies Awards Gala (Gies Awards Gala) and other ADEA events and meetings.
The ADEAGies Foundation Grants Committee will assess for merit all funding requests that clearly define the purpose of the program or project and are compliant with the ADEAGies guidelines.
The funding process has three stages:
- Stage 1: Letter of Intent (one-page, single-spaced executive summary)
- Stage 2: Grant Proposal (eight-page proposal with budget spreadsheet)
- Stage 3: Determination and notification of award funding
The Foundation may change these guidelines at its sole discretion.
The Grants Committee will discuss annually the overall funding process and identify any adjustments that may be needed with regard to the criteria, LOI instructions, proposal guidelines and overall grant program.