Spark Grants - Phase 3

Sponsor: Michelson 20MM Foundation
Solicitation Title: Spark Grants - Phase 3
Funding Amount: $250,000
Sponsor Deadline: Monday, March 16, 2020
Solicitation Link: https://20mm.org/spark-grants/

Overview

<div>Spark Grants is an innovative, just-in-time grantmaking process.</div> <div>Our vision is to introduce a process that can fill urgent needs for education organizations that are well-aligned with our Key Target Outcomes.  We seek to fund highly impactful initiatives that would not be possible if they needed to wait through a traditional grant decision timeline.</div> <ul> <li>Alignment with key target outcomes</li> <li>Measurability of project impact</li> <li>Long-term organization sustainability</li> <li>Scalability of project</li> </ul> <div>Timing: In the spirit of acting quickly, grants will be reviewed and awarded on a rolling basis.</div> <div>Eligibility: The Spark Grant program is available to non-profit institutions doing work in the United States.</div> <div>Velocity: We are committed to reaching a decision on each application within 15 business days.</div> <div></div> <div>The Spark Grant Program is available to United States-based non-profits, institutions, and for-profits (for for-profit organizations we will apply additional scrutiny to mission alignment).</div>

Other Information:<div>Proposals must address at least one Key Target Outcome:</div> <ul> <li>Increase the number of underserved learners who enroll in postsecondary opportunities. </li> <li>Increase the number of individuals prepared for 21st century careers. </li> <li>Decrease the cost of postsecondary education for all students. </li> <li>Increase students’ college persistence.  </li> <li>Decrease students’ average time to degree completion.</li> <li>Advance nascent digital technologies that are relevant to learning outcomes.</li> </ul> <div>Spark Grants Evaluation Process:</div> <div style="padding-left:30px">Day 1: Grant application is received<br>Day 6: Reject or move forward decision is made<br>Day 6-10: Call is scheduled<br>Day 15: Final decision is made</div>


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RODA ID: 958