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Funding News and Grant Tips
Ding-Ding-Ding... Ringing in Your Ears is from Financial Alarms
The title of this piece should be the sound you hear in your mind if you see parentheses in the “Net Assets” line of your balance sheet. This sound should be loud enough to get your attention and persistent enough to impel you to action.
Here’s why that is the case. When a nonprofit shows negative net assets, it is considered insolvent. This means that it is unable to meet its financial obligations as they come due. Other terminology would describe it as having more liabilities than assets.
In plain English, the organization owes more than it owns. Technically, insolvency is not the same thing as bankruptcy because bankruptcy is a status only a court can confer. It’s close, though.
THE SIGNS
A balance sheet with such an imbalance is sending a strong warning signal. Some nonprofit leaders and board members seem to pay little attention to the dinging their balance sheet makes. Why this occurs is probably because the balance sheet is an abstraction, once removed from the realities of management. It offers important indicators only if you’ve been inducted into the club of balance sheet readers.
This club membership does not automatically come from being on a board of directors or in the senior management ranks. One does not learn how to read a balance sheet just by joining a board or by turning great accomplishment as a program director or fundraiser into a senior executive position. More important, repeatedly hearing financial reports does not confer reliable knowledge. Watch the faces of non-financial board members during the financial report. That distant look is not serenity.
So how do you get the message to non-readers without inflicting a minicourse in bookkeeping on them? Tell them to look for other signals. Insolvency impacts many aspects of a nonprofit’s operations. It turns out that when this happens it’s not only the balance sheet that’s dinging. Here is a short course in warning signals that don’t require balance sheet knowledge.
INADEQUATE CASH ON HAND
Insolvent organizations almost certainly will have chronic cash shortages. Low cash shows up in many ways. The balance sheet sign is a low cash balance in the top one or two lines on the asset side, but the practical effects are multiple. A missed payroll is proof positive that the slump in net assets has practical implications.
CHRONICALLY LATE PAYMENTS
Late payment of bills is usually inevitable, too. The choice is stark for managers caught in this situation: Do we put off paying our vendors or our staff? The question usually answers itself. They pay the staff because the staff is closer and more immediately necessary for continuing services.
Vendors who are owed money quickly catch on to the dire financial situation. They call the bill payers and ask when they can expect to be paid. Eventually, they call frequently. They then stop providing products and services -- which becomes another marker of financial difficulty.
UNPAID BILLS PILE UP
Those unpaid bills add up quickly. An abrupt shift in a major vendor or supplier, such as an insurance company or an administrative services firm, can be a sign that both parties have decided to part company due to the cash shortage.
Suppliers of commodity services are often the easiest to change quickly. This can lead to disruptions in administrative matters, especially if the wary new supplier insists on being paid in advance.
UNEXPECTED BORROWING
Has your organization suddenly begun borrowing money for short-term purposes? This is yet another ding-ding-ding. This kind of borrowing will only be short term, often through a line of credit. There’s nothing inherently wrong with short-term borrowing or lines of credit, but it might be a sign of financial stress if the entity begins doing this when some of the above signals are present.
Lines of credit have a big speed bump for the unwary: Borrowers are required by federal regulation to leave the line of credit unused for at least 30 consecutive days each fiscal year.
LOWER AMOUNTS OWED TO THE ORGANIZATION
There is an irony in this one. Bills the organization has sent that are waiting to be paid are perfectly normal. Most organizations that provide services for a fee always have some level of outstanding accounts. This is a balance sheet indicator, and in a financial crisis the amount of these outstanding bills waiting to be paid often goes down. This should be good news, and in a short-term sense it is.
The negative aspect is that these amounts decline because the organization is so desperate for cash that it puts unusual time and effort into collecting what in the past it might have let slide a bit longer.
SELLING INVESTMENTS
If the organization was lucky enough to have built up an endowment, financial trouble might prompt the sale of those assets. This is a fast way to restore a sagging cash flow, but it amounts to eating this winter the seeds you were going to plant next spring.
Selling certain investments can bring additional problems. A nonprofit with investments is said to have an endowment. Often the donors who created the endowment intended those funds to last forever. These restricted funds technically can’t be used for any purpose other than what the donor intended and this is highlighted by explicit, publicly acknowledged restrictions on the use of the funds. Selling investments can force an organization’s endowment “under water,” which means that the dollar that was originally donated years ago is now worth, say, 70 cents. Law permits no further reduction of the remaining amount until those lost 30 cents are restored.
Selling the wrong investments can be a legal matter and it can also result in bad publicity.
SELLING BUILDINGS
The last resort is usually putting one or more buildings on the auction block. Unless a building is held strictly for investment purposes, its sale is almost certain to have programmatic ramifications. That can result in revenue reductions and reduced cash flow.
MISSED PAYROLLS
The nuclear option for financially stressed organizations is missing a payroll. It might sound odd, but this desperate measure really is a “choice,” albeit the choice of last resort. For those looking for dings, this is more like a bang.
Financially pressed organizations must make increasingly serious choices in an attempt to stop the decline. Evidence of that decline is most readily seen in the balance sheet. But not all smart, accomplished, responsible people know how to read a balance sheet so this evidence may go unnoticed. No problem. Look for easy-to-spot alternative signals. Ding-ding-ding can be heard in many ways.
From Thomas A. McLaughlin, The NonProfit Times, 7/1/12
Public Funding Opportunities
Dimensional Approaches to Research Classification in Psychiatric Disorders (R01): RFA-MH-13-080
SOURCE: National Institute of Mental Health (NIMH)
APPLICATION DEADLINE: Letter of Intent: 9/22/12. Application: 10/22/12.
$ AVAILABLE: $3 million for five or six awards.
ELIGIBILITY: Public/state/private controlled institutions of higher education, nonprofits with and without 501(c)(3) IRS status (other than institutions of higher education), small businesses, for-profit organizations (other than small businesses), state governments, U.S. territories or possessions, Indian/Native American tribal government (federally recognized and other than federally recognized), Indian/Native American tribally designated organizations, non-domestic (non-U.S.) entities, Hispanic-serving institutions, Historically Black Colleges and Universities (HBCUs), Tribally Controlled Colleges and Universities (TCCUs), Alaska native and native Hawaiian serving institutions, regional organizations, eligible agencies of the federal government, and faith-based or community-based organizations.
PURPOSE: This Funding Opportunity Announcement (FOA) seeks research grant applications designed to develop innovative ways of understanding mental disorders through classifying patients in clinical studies on the basis of experimental research criteria rather than traditional diagnostic categories. This FOA stems from the NIMH Research Domain Criteria (RDoC) project that is intended to further a long-range goal of contributing to diagnostic systems as informed by research on genetics, neuroscience, and behavior. The purpose of this FOA is to encourage applications to study mechanisms that may cut across multiple traditional diagnostic categories.
CFDA: 93.242
CONTACT: Please see URL for multiple contacts. For more information see http://grants.nih.gov/grants/guide/rfa-files/RFA-MH-13-080.html
From NIH Web site, accessed 6/30/12
Subject(s) medical research, mental health
George M. O’Brien Kidney Research Core Centers (P30): RFA-DK-12-008
SOURCE: National Institute of Diabetes and Digestive and Kidney Diseases (NIDDK)
APPLICATION DEADLINE: Letter of Intent: 10/14/12. Application: 11/14/12.
$ AVAILABLE: $4.8 million for four awards.
ELIGIBILITY: Public/state/private controlled institutions of higher education, nonprofits with and without 501(c)(3) IRS status (other than institutions of higher education), small businesses, for-profit organizations (other than small businesses), state governments, U.S. territories or possessions, Indian/Native American tribal government (federally recognized and other than federally recognized), Indian/Native American tribally designated organizations, non-domestic (non-U.S.) entities, Hispanic-serving institutions, Historically Black Colleges and Universities (HBCUs), Tribally Controlled Colleges and Universities (TCCUs), Alaska native and native Hawaiian serving institutions, regional organizations, eligible agencies of the federal government, and faith-based or community-based organizations.
PURPOSE: This Funding Opportunity Announcement (FOA) invites new and renewal applications for the George M. O’Brien Kidney Research Core Centers to support both basic and clinical research on kidney disease. The goal of the O'Brien Kidney Research Core Center program is to make state-of-the art technologies and resources readily accessible to a broad spectrum of investigators who are pursuing studies in relevant topic areas. The emphases for this program are fourfold: (1) to attract new scientific expertise into the study of the basic mechanisms of kidney diseases and disorders; (2) to encourage multidisciplinary research focused on the causes of these diseases; (3) to explore new basic areas with translational potential; and (4) to generate Developmental Research (DR)/Pilot and Feasibility (P&F) studies which should lead to new and innovative approaches to study kidney disease.
CFDA: 93.847
CONTACT: Please see URL for multiple contacts. For more information see http://grants.nih.gov/grants/guide/rfa-files/RFA-DK-12-008.html
From NIH Web site, accessed 6/30/12
Subject(s) medical research
NIH Director's Transformative Research Awards (R01): RFA-RM-12-017
SOURCE: National Institutes of Health (NIH)
APPLICATION DEADLINE: Letter of Intent: 8/21/12. Application: 9/21/12.
$ AVAILABLE: NIH Common Fund intends to commit $15 million dollars in FY 2013 for this initiative. Component Institutes and Centers of NIH may provide additional funds based on specific programmatic interests and availability of funds. The number of awards depends on the size and scope of the most meritorious applications, programmatic interest, and availability of funds.
ELIGIBILITY: Public/state/private controlled institutions of higher education, nonprofits with and without 501(c)(3) IRS status (other than institutions of higher education), small businesses, for-profit organizations (other than small businesses), state governments, U.S. territories or possessions, Indian/Native American tribal government (federally recognized and other than federally recognized), Indian/Native American tribally designated organizations, non-domestic (non-U.S.) entities, Hispanic-serving institutions, Historically Black Colleges and Universities (HBCUs), Tribally Controlled Colleges and Universities (TCCUs), Alaska native and native Hawaiian serving institutions, regional organizations, eligible agencies of the federal government, and faith-based or community-based organizations.
PURPOSE: The NIH Director’s Transformative Research Awards complements NIH’s traditional, investigator-initiated grant programs by supporting individual scientists or groups of scientists proposing groundbreaking, exceptionally innovative, original and/or unconventional research with the potential to create new scientific paradigms, establish entirely new and improved clinical approaches, or develop transformative technologies. Little or no preliminary data are expected. Projects must clearly demonstrate the potential to produce a major impact in a broad area of biomedical or behavioral research.
CFDA: 93.310
CONTACT: Please see URL for multiple contacts. For more information see http://grants.nih.gov/grants/guide/rfa-files/RFA-RM-12-017.html
From NIH Web site, accessed 6/30/12
Subject(s) medical research
PPHF 2012 - National Diabetes Prevention Program: Preventing Type 2 Diabetes among People at High Risk Financed Solely by 2012 Prevention and Public Health Funds: CDC-RFA-DP12-1212PPHF12
SOURCE: Centers for Disease Control and Prevention (CDC)
APPLICATION DEADLINE: 7/31/12.
$ AVAILABLE: $2 million for eight awards.
ELIGIBILITY: Eligible applicants that can apply for this funding opportunity are:
* nonprofit organizations;
* for-profit organizations;
* Indian/Native American tribal governments; and
* faith-based organizations.
PURPOSE: The purpose of this funding announcement is to scale (expand) and sustain the National Diabetes Prevention Program (National DPP).
CFDA: 93.739
CONTACT: Please see URL for contact information. For more information see http://www.grants.gov/search/search.do;jsessionid=HXxCPkFMt1mq9MWMGSrytZ3Sh247nrcyRktqjymnf1sDWHhJN1jw!-541990005?oppId=179273&mode=VIEW
From Grants.gov Web site, accessed 6/26/12
Subject(s) diabetes, medical research
Private Funding Opportunities
Early Career Fellowship Awards
SOURCE: Damon Runyon Cancer Research Foundation
APPLICATION DEADLINE: 8/15/12.
$ AVAILABLE: The award provides a stipend of $50,000 per year for three years for Level I funding, and $60,000 per year for three years for Level II funding. (Physician-scientists who have completed their residencies, clinical training, and are board eligible will receive Level II funding.) The award may not be used for institutional overhead or indirect costs. Fellows also receive an annual $2,000 expense allowance for educational and scientific expenses.
Approximately 30 new fellows are selected each year.
ELIGIBILITY: Candidates must apply for the fellowship under the guidance of a sponsor -- a scientist (tenured, tenure-track, or equivalent position) capable of providing mentorship to the fellow. Awards are made to institutions for the support of the fellow under direct supervision of the sponsor.
Applicants must have completed one or more of the following degrees or its equivalent: M.D., Ph.D., M.D./Ph.D., D.D.S., and/or D.V.M. (For the August 15, 2012, deadline, candidates must have had their degree conferred between October 15, 2011, and August 15, 2012, and must have joined their sponsor's lab on or after October 15, 2011.)
The proposed research must be conducted at a university, hospital, or research institution. Candidates who already have accepted a postdoctoral research fellowship award are not eligible. Candidates applying to work in foreign-based or U.S. government laboratories may be awarded a fellowship if they are considered to be especially meritorious or if the program represents an unusual opportunity for postdoctoral training. Foreign candidates may apply to do their research only in the United States.
PURPOSE: The Damon Runyon Cancer Research Foundation seeks to accelerate breakthroughs in research by providing the best young scientists with funds to pursue innovative cancer research.
The Damon Runyon Fellowship Award is designed to provide early career scientists with resources to further hone their cancer research skills and explore their own ideas while working with mentors in top universities and cancer research centers.
The foundation encourages all theoretical and experimental research relevant to the study of cancer and the search for cancer causes, mechanisms, therapies, and prevention.
CONTACT: Award Programs, (212) 455-0520, e-mail: awards@damonrunyon.org. For more information see http://www.damonrunyon.org/for_scientists/more/fellowship_award_overview
From The Foundation Center's Philanthropy News Digest e-mail, 6/29/12
Subject(s) cancer research, health professions training
Mathilde Krim Fellowships in Basic Biomedical Research
SOURCE: amfAR, The Foundation for AIDS Research
APPLICATION DEADLINE: 8/2/12.
$ AVAILABLE: Each fellowship is funded at a total of up to $125,000 (phase I). A direct cost maximum of $110,000 is allowed for personnel (salary and fringe benefits) and other research-related expenses. Institutional indirect costs may not exceed 10 percent of direct costs. It is expected that a Krim fellow will devote the decided majority of his or her time to the approved fellowship project. An additional $3,636 is provided to support the direct costs of participation in activities designated by amfAR. Contingent on subsequent application and peer review, phase II funding for an additional $50,000 may be approved to support basic biomedical HIV/AIDS research costs during the first twelve months of an independent research position at any U.S.-based or international nonprofit research institution.
ELIGIBILITY: amfAR grants are made to nonprofit organizations worldwide. Applicant investigators, fellows, and sponsors need not be U.S. citizens.
PURPOSE: The goal of the Krim Fellows program is to provide funding for exceptional researchers who are new to the HIV/AIDS field. Fellowship funding will support the successful applicant's ongoing HIV research and facilitate his or her transition to a productive and independent long-term career in the HIV/AIDS biomedical research field. The fellowship provides support for two years of postdoctoral research, with the possibility of one additional year of research support during the first year of an independent research position.
Fellowship applicants must be conducting basic biomedical research on HIV/AIDS to be considered for funding. Applicants must have a research or clinical doctorate and no more than four years of postdoctoral training at the time a Letter of Intent is submitted. Fellows are expected to secure an independent research position by no later than six months following the end of the two-year fellowship period of performance. Fellows must be mentored during the funding period by an experienced HIV/AIDS investigator who is affiliated with the same nonprofit institution and is at the associate professor level or higher.
CONTACT: Please see URL for contact information. For more information see http://www.amfar.org/Articles/In_The_Lab/Research_Grants/RFPs/General_RFP-Krim_Fellowship-Deadline__August_2,_2012/
From The Foundation Center's Philanthropy News Digest e-mail, 6/29/12
Subject(s) HIV/AIDS research
Nature Explore Classrooms to Help Domestic Violence Survivors Heal
SOURCE: Mary Kay Foundation
APPLICATION DEADLINE: 8/1/12.
$ AVAILABLE: Along with the outdoor area, each classroom includes a multi-faceted curriculum to fully maximize the educational opportunities and healing effects of the outdoor environment. The classroom is funded entirely by Mary Kay and is an investment totaling more than $50,000.
ELIGIBILITY: Shelters that serve survivors of domestic violence and have outdoor space available to accommodate learning stations and equipment are eligible to apply.
PURPOSE: The Mary Kay Foundation and Mary Kay, Inc. have partnered with the Arbor Day Foundation and Dimensions Educational Research Foundation to bring Nature Explore Classrooms to domestic violence shelters.
Nature Explore Classrooms are outdoor learning spaces designed to include nature in the daily lives and learning of children. Research shows that nature can help soften the impact of life stress on children and help them deal with adversity.
By the end of 2012, Mary Kay will have sponsored seventeen Nature Explore Classrooms to help child survivors of domestic violence heal from abuse — representing a combined donation and support of nearly $800,000 since the program's inception in 2009.
Mary Kay is accepting applications to build four new Nature Explore Classrooms at women's shelters in the United States.
CONTACT: Please see URL for contact information. For more information see http://www.marykayfoundation.org/Pages/WomenAndViolence.aspx
From The Foundation Center's Philanthropy News Digest e-mail, 6/29/12
Subject(s) women's health
Pre-Proposals for Target Validation Program
SOURCE: Michael J. Fox Foundation for Parkinson's Research
APPLICATION DEADLINE: 9/26/12.
$ AVAILABLE: The program supports two-year grants of up to $250,000 inclusive of both direct and indirect costs. No more than 25 percent (academic institutions) or 10 percent (for-profit organizations) of the direct costs may go to indirect costs.
ELIGIBILITY: Applications may be submitted by biotechnology/pharmaceutical companies or other for-profit entities, either publicly or privately held; and by public and private nonprofit entities such as universities, colleges, hospitals, laboratories, units of state and local governments, and eligible agencies of the federal government. Applicants may be based in the United States or abroad. Postdoctoral fellows are not eligible to apply as principal investigators to the program.
PURPOSE: The Michael J. Fox Foundation for Parkinson's Research, which seeks to stimulate development of Parkinson's disease therapeutics, is accepting pre-proposals for its Target Validation program.
Part of the foundation's annual Edmond J. Safra Core Programs for PD Research, the Target Validation program supports efforts by nonprofit, for-profit, and public entities to determine whether manipulating a novel biological target provides a disease-relevant beneficial outcome in a whole-animal mammalian model of PD. The target should be clearly defined (e.g., a specific gene or structural/functional feature of a protein), and applicants may propose a variety of methods to manipulate the target, including but not limited to use of pharmacological tools or biologic strategies. Applicants also may propose use of previously established genetically engineered animal models assessed for PD-relevant features or sensitivity to PD-associated factors. The foundation will hold an informational conference call for applicants on August 8, 2012. RSVP is required.
CONTACT: Please see URL for contact information. For more information see https://www.michaeljfox.org/research/grant-detail.php?id=1
From The Foundation Center's Philanthropy News Digest e-mail, 6/29/12
Subject(s) medical research, mental health
Public Health Services and Systems Research: Mentored Research Scientist Development Awards
SOURCE: Robert Wood Johnson Foundation (RWJF)
APPLICATION DEADLINE: 8/8/12.
$ AVAILABLE: Approximately $800,000 is available through this solicitation. Up to eight grants of up to $100,000 will be awarded for a maximum of 24 months.
ELIGIBILITY: Preference will be given to proposals from junior faculty who have a research or professional doctoral degree in public health or a related discipline and who are based at a higher education institution or other nonprofit or government agency that is capable of providing an intensive, supervised career development experience in PHSSR. Applicants must be supervised by an established on-site PHSSR mentor and have a working relationship with a public health practice mentor. The research mentor should be an active investigator in the area of the proposed research and have demonstrated mentoring experience with junior researchers.
PURPOSE: Public Health Services and Systems Research is a multidisciplinary field of study that examines the organization, financing, delivery, and quality of public health services within communities and the resulting impact on population health. The National Coordinating Center for Public Health Services and Systems Research and the Robert Wood Johnson Foundation seek to expand the evidence base for effective decision-making in public health practice and policy through research that responds to the questions defined in the National Agenda for PHSSR.
This call for proposals is designed to increase the PHSSR evidence base and strengthen the pool of researchers available to conduct PHSSR. Successful proposals will 1) build PHSSR evidence relevant to public health practitioners and policy-makers; and 2) provide support and protected time for an intensive, supervised career development experience to help junior faculty build research independence.
CONTACT: Ann V. Kelly or Jay P. Swacker, (859) 218-2317, e-mail: PHSSR212@uky.edu. For more information see http://www.rwjf.org/applications/solicited/cfp.jsp?ID=21398
From The Foundation Center's Philanthropy News Digest e-mail, 6/29/12
Subject(s) public health, health professions training
Events
2012 HIV Outreach and HEI Case Management Conference
SPONSOR: Texas HIV Connection
WHEN: August 5-8.
WHERE: Omni Southpark, 4140 Governor’s Row, (Austin, TX).
DESCRIPTION: The theme for this year's conference is "Meeting at the Crossroads." We have come to a crossroads in HIV/AIDS prevention where it has become critical we work together! It starts at the Texas HIV Connection's 1st Annual HIV Outreach and HEI Case Management Conference.
The conference features dozens of sessions covering HIV prevention from many angles including:
* Harm reduction;
* HIV and African-Americans;
* Client engagement;
* Substance abuse treatment for those with HIV/AIDS;
* Evidence-based interventions;
* Supporting recovery; and
* HIV and human trafficking;
To learn more or to register, visit the conference website. The registration deadline is July 27.
COST: $130.
CONTACT: Dago Garcia, (512) 343-9595 X1120, e-mail: DGarcia@workersassistance.com.
From DSHS HIV/STD Insider e-mail, 6/28/12
Southern Regional Ball/House and Pageant Communities' Leadership and Health Disparities Conference
SPONSOR: Abounding Prosperity
WHEN: October 4-6.
WHERE: Crowne Plaza Hotel Dallas, 1015 Elm Street, (Dallas, TX).
DESCRIPTION: Abounding Prosperity, Inc. (AP, Inc.) is proud to announce the inaugural, Southern Regional Ball/House and Pageant (B/HAP) Communities’ Leadership and Health Disparities Conference to be held October 4-6, 2012 in Dallas, TX. The conference theme is” Building Bridges and Forming Alliances and the goal of the conference is to reduce health disparities across the southern region of the US by promoting health equity and improving leadership capacity among sexual minorities.
The primary conference audience includes members, patrons, spectators and allies of the House Ball Community in the south region of the US. These states include Alabama, Arkansas, DC, Florida, Georgia, Kentucky, Louisiana, Maryland, Mississippi, North Carolina, South Carolina, Oklahoma, Tennessee, Texas, Virginia, and West Virginia The secondary target audience includes researchers, reproductive and sexual health educators and prevention specialist, medical professionals, local, state and federal health officers, health policy makers and elected officials. This conference is also open to those who would like to learn more about health disparities facing sexual minorities and those wishing to enhance and improve community mobilization skills, leadership capacity, and general information about the Ball House and Pageant Communities.
The B/HAP conference aims to:
* Increase knowledge about HIV/AIDS and co-morbidities among sexual minorities;
* Highlight the importance of interventions and “intra-ventions” implemented within the House Ball Communities;
* Discuss the importance of target specific research and funding opportunities for health disparities among sexual minorities;
* Increase community mobilization capacity to address health disparities among sexual minorities;
* Enhance leadership skills and advocacy to participate in national mobilization efforts spearheaded by REACH LAs, Texas. The conference theme is “Building Bridges and Forming Alliances!” and, the goal of the conference is to reduce health disparities across the Southern Region of the United States by promoting health equity and improving leadership capacity among sexual minorities. The conference target audience is African American and Latino men who have sex with men as well as Transgender male-to-female individuals. All of these persons are members, fans, supporters, allies and/or spectators of Ball/House and Pageant communities.
COST: $125.
CONTACT: Southern Regional Ball/House & Pageant Communities' Health Disparities and Leadership Conference, 1816 Peabody Avenue, Dallas, Texas 75215, (214) 405-5475.
From DSHS HIV/STD Insider e-mail, 6/28/12
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