Eligible Applicants
An applicant must be a
Connecticut arts organization that has raised more than $15,000 in private-sector contributions, from non-governmental sources, for two (2) consecutive fiscal years.
An arts organization is defined as an organization, with tax-exempt status under section 501(c)(3) of the Internal Revenue Code, whose core mission, vision, focus and legal purpose, as stated in its Articles of Incorporation and bylaws, articulate a commitment to create, perform, present or promote artistic activities* AND at least 51 percent of its annual fiscal expenditures is allocated specifically to support artistic activities, arts programming, services or arts-based initiatives.
*Artistic activities include, but are not limited to, music, theater, dance, painting, sculpture, literature, films, and allied arts and crafts.
Additional Criteria
An arts organization must be incorporated in Connecticut with 501(c)(3) tax-exempt status for at least two (2) years prior to the application due date.
Funding
Grant awards are calculated solely on a formula which compares the amount of private-sector contributions received by the applicant in its two (2) most recently completed fiscal years.
Required Documents
Applicants are required to submit the organization's tax returns to substantiate reported contributions. The organization must use IRS Form 990 or Form 990EZ. The organization's IRS forms MUST BE FILED with the Internal Revenue Service before the application deadline of December 15th.
Applicants must submit a current
Certificate of Good Standing
(aka Certificate of Legal Existence) from the Connecticut Secretary of State's Office.
Application Deadline
on or before 11:59 pm, December 15, 2018
Funding Period
April 15, 2019 - October 15, 2019
How to Apply
All applications must be submitted through an on-line portal. Instructions on how to apply can be found on Page 3 of the
guidelines
.
About the Connecticut Arts Endowment Fund
The
Connecticut Arts Endowment Fund
(CAEF) was established by the State of Connecticut in 2003 with an initial investment of $1 million. Today, the Fund's principal is exceeds $18 million. The interest earned on the Fund's principal is distributed annually to eligible Connecticut arts organizations. Grantees may apply the grant funds toward programming, administrative/operational costs, capital projects, equipment or to build their own endowments, etc.
The Fund is managed by the Connecticut Office of the State Treasurer and the program is administered by the Connecticut Office of the Arts.
Questions
For more information or questions, contact Rhonda F. Olisky via
email.
