Dedicated to the support of local organizations since 1941

Grant Requirements

***Application Deadline Notice***

The deadline for the submission of grant applications for the 2017 funding year has now passed. The Hormel Foundation will begin accepting applications for the 2018 funding year on June 1, 2017, ending September 1, 2017.

To qualify for a Foundation grant your organization:

  • Must be ruled tax exempt by the Internal Revenue Service and must be operated for charitable, education or scientific purposes.
  • Must be located in and/or directly affect the Austin, Minnesota area.
Individuals do not qualify for Foundation grant funds.

General Grant and Giving Information

  • The bulk of the assets that were contributed to establish The Hormel Foundation bore restrictions that permit grants only to organizations in the Austin and/or Mower County area.
  • Grants are made only to organizations ruled tax exempt by the Internal Revenue Service and no grants are made to individuals. Recipient organizations must be operated for charitable, educational or scientific purposes with no part of their funds benefit any private shareholder or individual.
  • The Foundation prefers to participate with other donors.
  • No grants are made to support projects which attempt to influence legislation or to organizations whose activities are substantially in the area of promoting or publicizing a particular cause or view in an attempt to influence legislation.
  • The total amount of annual grants is limited to the annual income from investments so that income producing corpus will not be reduced.
  • All commitments for emergency grant requests are made by the Board of Directors. Emergency grant requests received prior to a regular meeting date will be circulated among the members and will be considered at that meeting.

Grant Guidelines

Applications for grants should be as brief as appropriate to present the necessary facts about the applying organization and the project for which the grant is being sought.

Requirements Checklist

In preparation for the online application, here is a quick checklist of items that may be required of your organization.

  1. The exact name of the organization or agency making application.
  2. A brief description of the organization.
  3. The names and qualifications of the individuals who would administer the grant.
  4. Audited accounting statements for the previous year, if available, and if not available, then internal accounting statements most recently prepared.
  5. A copy of the organization’s most recent tax-exempt ruling from the Internal Revenue Service, and a statement of whether the organization is presently exempt.
  6. A list of current board members.
  7. A clear description of the project, its purposes, number of individuals affected, goals and expectations.
  8. A detailed expense budget for the project, showing where and how the requested funds would be spent.
  9. Total of all funds required for the project and other sources of funding.
  10. Amount requested from The Hormel Foundation and the specific date when requested funds would be required.
  11. The procedure and criteria by which effectiveness of the grant should be judged after the grant funds have been expended.
  12. Within 90 days following the end of the period for which funds were granted, the grantee must provide The Hormel Foundation with a final financial accounting for the grant funds (a Grant Use Report), and an evaluation and summary of the results obtained.
  13. Grant requests shall be submitted by September 1 of each year.

Online Application

Click here for our Online Application