According to Encarta Online Dictionary, a capital expenditure involves spending on business assets or fixed assets like buildings. Capital expenditures may include the purchase of major equipment, facility construction or renovation or major technology upgrades. Foundations that provide capital grants to support capital expenditures often have complex application and proposal requirements that may include submission of quotes, architectural plans and detailed need analyses.
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The PETCO Foundation provides capital grants to support the construction of new buildings, building repairs, purchase of vehicles or equipment and other capital expenditures. The foundation provides grants to local animal welfare organisations nationwide. Grant applicants must create an account on the foundation website and submit an online letter of inquiry. The foundation reviews letters of inquiry in eight to 12 weeks, after which it mails checks to organisations approved for grants.
7262 North Rosemead Blvd.
San Gabriel, CA 91775
Metropolitan Regional Arts Council (MRAC)
MRAC provides grants to art groups and organisations in several Minnesota counties in the St. Paul area. Eligible organisations are non-profit and informal groups with annual budgets of less than £195,000. The council allows fiscal sponsorship for organisations that do not have non-profit status and provides assistance in locating fiscal sponsors. Capital grants of up £6,500 are awarded to make capital improvements or to purchase equipment like computer technology, musical instruments and telephone systems. The council encourages applicants to read the application guidelines and attend the grant application workshops. The council provides an online application.
Metropolitan Regional Arts Council
2324 University Ave., W, Suite 114
St. Paul, MN 55114
American Savings Foundation
The American Savings Foundation provides capital grants for one-time capital expenditures and for capital campaigns. Applicants must submit letters of intent, which the foundation reviews before inviting full proposals. Organizations are encouraged to contact foundation staff before submitting letters of inquiry. The foundation focuses on organisations that provide services for children and families in the New Britain and Greater Waterbury areas of Connecticut.
American Savings Foundation
185 Main St.
New Britain, CT 06051
Jewish Community Foundation Los Angeles
The Jewish Community Foundation awards grants to organisations that serve the Jewish community in the Los Angeles area. The foundation awards 10 to 15 capital grants every other year for facility construction and renovation projects. Grants generally cover 10 per cent, or a maximum of £32,500, of project costs. The foundation posts requests for proposals in October and holds an applicant workshop in November, after which it provides applications upon receipt of e-mail requests. Application deadlines are in February and the capital grants committee meets with approved applicants in April. The foundation makes award announcements in July. Applicants must meet requirements related to completion of the project, their organisation’s board approval and community need.
Jewish Community Foundation
6505 Wilshire Blvd., Suite 1200
Los Angeles, CA 90048
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