Last Updated: May 12, 2010
Having committed $500 million to leverage the U.S. Department of Education's $650 million Investing in Innovation (i3) Fund, 12 foundations are launching the Foundation Registry i3, a new online application that aims to simplify the private funding application process for potential grantees and increase access and visibility for new, especially smaller, applicants.
The i3 Registry also aims to improve the ability for foundations to examine investment opportunities and better coordinate efforts with the U.S. Department of Education around the i3 Fund.
While the Registry i3 will enable applicants to register their proposal just once to reach a broad set of foundations for potential support, each foundation will maintain its own decision-making authority to determine which programs fit within their investment strategies.
The Registry i3 provides a central site for organizations seeking matching foundation funds for their Department of Education‘s Investing in Innovation proposal from the 12 member foundations. Registering the i3 proposal on Registry i3 makes it accessible and viewable to participating member foundations. One must be an applicant to the Department of Education‘s i3 program to register your proposal. Please note, not all organizations that register a proposal will be contacted and/or funded.
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Which Foundations are included in Registry? |
1. Bill and Melinda Gates Foundation 2. Carnegie Corporation of New York 3. Charles Steward Mott Foundation 4. Ford Foundation 5. Lumina Foundation 6. Robertson Foundation 7. Annie E Casey Foundation 8. John D and Catherine T. McArthur Foundation 9. Wallace Foundation 10. Walton Foundation 11. William and Flora Hewlett Foundation 12. W K Kellogg Foundation |
What does the Foundation Registry do? |
1. Matches i3 applications with Foundations who MAY be interested in funding all or part of the 20% match. 2. Registering the proposal does not guarantee funding. 3. Once uploaded, the foundation will review it; if interested it will contact the applicant. |
How do we apply for matching funds? |
1. Applicant organization must register on the website and complete proposal descriptions including budgets |
Deadline for applying for foundation assistance? |
No posted deadline. |
According to the press release from the Department of Education, the $500 million committed in 2010 will help support and scale innovations with evidence of effectiveness within three broad categories:
The Registry i3 is now available at http://foundationregistryi3.org.