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Grant Criteria

There is a tremendous demand placed on the Foundation's resources and every effort is made to be as effective as possible in awarding the funds that are available for distribution. As part of that effort, and in keeping with the family's philanthropic interests and the priorities established by the Board, the following guidelines will generally apply:

  • Applicant organizations must be classified as 501(c)(3) by the Internal Revenue Service and operate within the continental United States. 

  • The Foundation will not consider grants to institutions which, in policy, or practice unfairly discriminate on the basis of sex, age or religion. 

  • The Foundation will consider only one request per year from each organization and would generally prefer to consider special projects.

  • The Foundation will not accept requests for individuals. 

  • The Foundation will not accept requests to influence legislation or elect public officials.

For a description of the Wold Foundation's areas of interest, see the About Page.

Grant Restrictions

Though it is impractical to detail all parameters, the Foundation generally will not: 

  • Make loans or grants to individuals or loans to organizations;

  • Engage in conduit funding: i.e., make a grant to an exempt organization which passes the funds on to another organization;

  • Grants funds to retire debt; Purchase memberships or blocks of tickets;

  • Purchase tickets for fund-raising dinner, parties, balls or other social fund- raising events;

  • Schedule interviews with the Foundation Trustees unless the Trustees initiate the meeting;

  • Fund churches or church projects;

  • Grant monies to endowment funds;

  • Support projects involving court action;

  • Reconsider previously denied proposals.

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Grant Deadlines

Wold Foundation Spring Grant Cycle                                                       

  • Grant Application Due – April 15th, 2019

  • Board Meeting – June 6th, 2019

  • Funding Decision Notification – June 20th, 2019

 Wold Foundation Fall Grant Cycle

  • Grant Application Due – October 15th, 2019

  • Board Meeting – November 14th, 2019

  • Funding Decision Notification – December 5th, 2019

Grant Process

The Wold Foundation grant process consists of filling out the online application.  There are two grant funding cycles per year.  One cycle in the spring and one cycle in the fall.  Please pay close attention to the grant deadlines.  The grant applications will be reviewed and you will be notified regarding your organizations grant status.