LIONS OF ARKANSAS FOUNDATION, INC (LOAF)

"Lions helping other Lions"
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GUIDELINES FOR LIONS OF ARKANSAS
FOUNDATION GRANT

Matching grants up to $1,000 will be awarded to Arkansas Lions Clubs based on the following criteria:

For purchasing equipment or facilities that will be used to directly provide services for Sight, Hearing and/or Youth Programs.

For purchasing equipment or facilities that will be used to generate funds to provide services for Sight, Hearing and/or Youth Programs.

All grant requests will be reviewed by the Lions of Arkansas Board of Trustees.

The maximum amount of grants is $1,000.00. Matching funds are recommended, but not required.

Grant applications to the Foundation may be submitted by a Lions Club at any time. Proposals will be reviewed for funding at each of the Foundation’s quarterly meetings.
Fifty percent of the funds requested will be released at the time the grant is approved. Additional funds will be paid on a reimbursable basis when the project is completed and proof of expenditures and a final report have been received. The reports must be received within 30 days of the project completion. If the project is long-term, over six month, funds may be reimbursed more often. A project period may be extended upon justification received by the Foundation.

No grants may be made to a Lions Club that is not in good standing with Lions Clubs International or Multiple District 7.

One copy of the grant application must be submitted to the Lions of Arkansas Foundation 7430 North Hills Blvd. North Little, Arkansas 72116.

If you have questions, please contact a member of the Foundation in your district.
 
POLICIES FROM MINUTES:

 

February 17, 2005

A motion was made that 10% of the interest earned be added to the principal each year.

 

September 7, 2006:

Regarding terms a Board Member may serve: A trustee can serve in a particular regional position two (2) full terms ( as provided in the bylaws) plus a partial term to which the trustee had been appointed.