Philip S. Miller Resource Grant Program
The Philip S. Miller Resource Grant Program (PSMRGP) funded by the Philip S. Miller Trust Fund aims to support social and human services in Castle Rock. This year, the Town budgeted $40,000 for up to five organizations.
Qualified applicants must meet the following criteria.
Organizations currently approved and operating for a minimum of five years, pursuant to the terms of the Internal Revenue Code as:
A. 501(c)(3) - An organization may qualify for exemption from federal income tax if it is organized and operated exclusively for one or more of the following purposes: religious, charitable, scientific, testing for public safety, literary, educational, fostering national or international amateur sports competition, the prevention of cruelty to children or animals. To qualify, the organization must be a corporation, community chest, fund or foundation. A trust is a fund or foundation and will qualify. However, an individual or a partnership will not qualify. (Internal Revenue Service, IRS.gov)
B. 501(c)(19) - To be exempt under Internal Revenue Code section 501(c)(19), an organization must be either be (A) a post or organization of past or present members of the United States Armed Forces; (B) an auxiliary unit or society of such post or organization; or (C) a trust or foundation for such post or organization. (Internal Revenue Service, IRS.gov)
Funding request must include provisions for at least one of the necessities of life as listed below:
Due to the requirements of the grant program, a concise application and evaluation process has been established. The Finance Department will coordinate the application process for the Public Safety Commission (PSC). The PSC will perform the initial review and evaluation process for the PSMRGP and make recommendations to Council.
Applications must define the program’s mission and description of the qualifying organizations, broken down into the following sections:
After Town Council approves funding, the Finance Department will send formal award letters to applicants.
|$0 - $10,000||Full payment in January|
|$10,001 - $20,000||Equal semiannual payments - January and July|
|More than $20,000||Equal quarterly payments - January, April, July and October|