A variety of scholarship funds have been established at the Foundation. Inskeep Scholarship – For local high school graduates who demonstrate significant need and an ability to succeed to attend college or university. John Volk Memorial Scholarship – For individuals who demonstrate a dedication to community service and wish to pursue a career in aviation or aviation related [...]

The Foundation offers several different scholarship programs. Each program its own criteria.  Please review the selection criteria for the scholarship program to which you plan to apply.

Certain scholarship programs are targeted to career paths and you are encouraged to call us at (360) 378-1001 and to apply.

A scholarship may be used to pay for tuition, lab fees and required text materials.  It may not be applied to costs of transportation, ferries or housing.

Scholarship awards are always paid to the educational institution on behalf of the named recipient.  Any unused portion will be returned to the Foundation. No awards will be made directly to students or their families.

Donor advisors may recommend a grant electronically.   Or, alternatively, a Recommend A Grant Form (pdf ) may be downloaded, printed, completed, signed and  returned to the Foundation Office by mail ~ PO Box 1352, Friday Harbor, WA 98250 or, in person ~ 640 Mullis Street, Suite 104, Friday Harbor. (360) 378-1001.  If preferred, call the office and [...]

All grant recommendations are reviewed by the Foundation Grants Committee on a monthly basis. Grant recommendations are reviewed for compliance with the terms of the donor’s Fund and qualification of the proposed grantee. By Foundation policy, verified grant requests under $5,000 may be awarded by the Grants Committee while recommendations over $5,000 are passed to [...]

The Foundation only gives grants to tax-exempt organizations which include 501(c)(3)s, local non-profit branches of 501(c)(1)s, government agencies, non-profit schools and religious organizations (but only for non-religious purposes) as specified by the IRS code. Applicants must hold, and maintain in good standing, their 501(c)(3) non-profit organization designation by complying with IRS regulations and in particular [...]

Yes. Any organization that wishes to submit a grant application must be registered online with the Foundation. Call (360) 378-1001 to get started, or send us an email at info@sjicf.org.

The process to register your organization profile is initiated by a phone call to the office at (360) 378-1001 to obtain a nonprofit login account and to set up a 15 minute appointment to walk through the data entering process. Registrations MUST be updated at least annually by your organization. A reminder email will be [...]

The following information is necessary to complete the required electronic profile: The organization’s name (as filed with the IRS) and the common name, (if different); Various contact information including a list of Board members and current staff; The organization mission and description; The date of the most recently filed IRS Form 990 and which 990 form [...]

A portion of the profile (as indicated on the form) is made available to the public through the Foundation website and a portion is confidential to your organization and the Community Foundation. Please call the office at (360) 378-1001 for further details on the use of profile information.

The “private portion” of your nonprofit profile may only be viewed by you and the Foundation under password protection. The Foundation uses industry standard methods to secure information.

Grant checks are usually issued within 7 days of approval (see previous question on approval). Expedited service can be arranged and will entail an extra one-time fee due to the additional out-of-cycle administrative overhead.

A wide variety of assets can be gifted to the Foundation. In general, any asset that can be converted to cash (a Foundation policy requirement) can be gifted. The simplest are: cash, credit card, stocks & bonds. Refer to Transfer Assets for further information. Please call the office at (360) 378-1001 for instructions.

Stocks and bond gifts should be transferred as specified in the instructions on the “Transfer Assets” page. It is important to call the office at (360) 378-1001 to notify the Foundation before executing an electronic transfer.

No. Since the donor would be receiving a benefit using tax advantaged gifts, the IRS prohibits this use.

Yes. One of the common uses of a donor advised fund is to protect anonymity. Confidentiality is paramount to the work of the Foundation.

The SJICF website permits donors to login and see their last quarterly statement. Internal fund balances are kept monthly and can be accessed by phoning the office at (360) 378-1001. It may take a day or two to respond to such a request.

Administrative fees are applied monthly on the current fund balance based upon the annualized rate.

Donations are usually processed within 72 hours depending on the form of asset gifted.

Account statements are issued on a quarterly basis, usually within two weeks of the end of the previous quarter.

A wide variety of fund types are available which are suited to many donors: Donor Advised Funds – The leading type giving the donor the most control of the eventual disposition of funds. Designated Funds – Specified distributions over time to specific oranizations Scholarship Funds – Can be customized to your selection criteria but must [...]

Personalized Donor Advised Funds and the broadly based Healthy Community Fund are the most popular.

New funds can be processed immediately but need to be approved by the Board of Directors. The Board meets quarterly and often there is an electronic vote of the Board in the middle of the quarter.