General Capital Support

McInerny Foundation

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Grant amount: Up to US $500,000

Deadline: Rolling

Applicant type: Nonprofit

Funding uses: Capital Project

Location of project: Hawaii

Location of residency: Hawaii

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About this funder:

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Overview:

McInerny Foundation

The McInerny Foundation is one of the largest charitable foundations in the State of Hawai‘i. Its funds originated from the estates of twin brothers, William and James McInerny, and their older sister, Ella McInerny, whose wealth was generated in large part by a distinguished clothing establishment in the city of Honolulu. 

General Capital

Policy

Grants are provided for small capital projects, equipment, or renovations with total costs of less than $500,000.  

Fields of Interest

  • Arts & Culture
  • Community
  • Education
  • Environment
  • Health
  • Human Services

General Capital requests are for projects or equipment having a total cost under $500,000; however at the discretion of the foundation’s grants administrator, projects or purchases of certain values and scope may be treated aslarge capital projects and subject to the guideline criteria for large capital. (There are separate guidelines for Major Capital requests with total project costs of $500,000 or more.)   

Currently there are NO deadlines dates when submitting grant proposals for General Capital support. The Distribution Committee normally has four meetings during its fiscal year to consider grant requests.   

  • General Capital grants are provided for FF&E (furniture, fixtures, & equipment), renovations and/or small construction projects of buildings.
  • Generally, the Foundation prefers to be one of several contributors, expecting the organization to acquire needed funds from several sources to assure the project is completed at a specific time and/or in a timely manner.
  • In the interest of public causes, McInerny Foundation has long required that all (100%) board of directors of an organization make a personal annual financial contribution, at some level, to the support of the organization; in addition to participating in fundraising activities. Directors are also required to attend Board meetings, volunteer work when needed, and make significant efforts to gain community and business support.

Some other factors considered in reviewing a proposal are:

  • the community’s need for the proposed project in relation to other similar activities
  • reasonableness of the project’s income/expenditure budget
  • ability of the applicant to obtain entire funding and complete the proposed project.

You can learn more about this opportunity by visiting the funder's website.

Eligibility:

  • McInerny Foundation provides grants to organizations benefiting the people of Hawaii. 
  • Organizations must be exempt from federal taxes under Section 501(c)(3) of the Internal Revenue Code and be classified as a public charity. 
  • Specific Eligibility Criteria
    • Requires 100% Board of Director financial participation
    • Explicit criteria for religious affiliated organizations
    • Validation of expenses

Ineligibility:

  • Although the Trust is broad-purposed, it does not make grants to churches or individuals, nor for endowments, reserve purposes, deficit financing, or for the purchase of real estate. 
  • The McInerny Foundation trust document specifically excludes support to churches, religious entities and organizations which proselytize, encourage theology, sectarianism, spiritualism, religion or any system of religious worship.
  • McInerny Foundation does not provide grants for the purchase of real estate; nor does the foundation provide grants for deficit funding or for endowments, or to organizations that “re‐grant” McInerny Foundation funds.