Any questions about the application may be submitted via email to [email protected] We will be responsive to all thoughtful inquiries. […]
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FAQ Topic: Conservation
I have additional questions about the application. Can I meet with the Foundation staff prior to submission?
Any questions about the application may be submitted via email to [email protected] We will be responsive to all thoughtful inquiries. […]
Our business is headquartered outside the Pittsburgh region. Are we still eligible to apply?
Yes. You may submit an application if your company is based anywhere in the United States. Unfortunately, we are not able to entertain applications from companies not incorporated in the United States. For ideas focused on Economic Mobility, Economic Development, or Health & Well-Being, if your company is located outside the Pittsburgh region, please be sure […]
How is a PRI from a philanthropic foundation different from other types of investments in a company?
The primary goal of a PRI is to achieve charitable benefit. The U.S. Internal Revenue Service allows a foundation to provide a PRI if the investment fulfills all three of the following criteria: The IRS provides additional guidance that further clarifies each of these criterion. We encourage you to consult with your legal counsel and […]
What is a PRI?
A PRI is a financing tool that allows foundations to provide funding to for-profit businesses to create solutions to social problems in furtherance of that foundation’s charitable purposes. PRIs can take many forms, including loans, equity investments or financial guaranties. Foundations do expect a PRI to be repaid according to the terms of the investment. […]
Our organization is based outside of Allegheny and Westmoreland counties, but we’d like to bring our programs to these counties. Would the Foundation still consider our application?
Yes, we consider applications from organizations that are not based in Allegheny or Westmoreland counties. In your application, you should be clear about why and in what ways the project will serve economic development in these counties. […]
Can we re-grant funds or provide technical assistance to other individuals or organizations?
The Foundation will not fund ideas that include regranting to individuals. The Foundation may fund applications that include regranting from a lead agency to other agencies who are identified in the submission as participants in a collaboration. In this case, the regranted funds are solely to support the collaborative activities described in the submission. We […]
Do you have a recommended direct/indirect expense ratio?
For organizations that are eligible to receive support for indirect expenses, we do not have a recommended ratio. […]
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Can your funding be used for indirect expenses?
Yes, you can include indirect expenses in your proposed budget if your organization is not a postsecondary or research institution. We define indirect expenses as those expenses categorized as “Management and General;” “Administrative and Management;” or “Fundraising” according to the IRS and FASB functional expense allocation guidelines. […]
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Do you provide general operating support?
Yes, the Foundation provides general operating support for organizations that are not postsecondary institutions or research institutions. In the application, you will encounter a question about the type of support that you are seeking. You can select from the following options: Capital Support; General Operating Support; Land Acquisition; Project Support. […]