Funding for local non-profit organizations
LPEA’s inaugural Round Up Foundation Board was formed in 1996, and by 1997, the foundation had issued its first grant - $1,000 to the Manna Soup Kitchen. Since then the foundation has endured as a win-win enterprise. Individually, the contributions may be very small, but those pennies add up. Our members' pennies, combined with those from your neighbors, have generated more than $1.3 million in funds for local agencies in La Plata and Archuleta counties.
There is not a cap on the amount an applicant can request but the LPEA Round Up Foundation Board has limited funds to disburse each month. Often requests cannot be granted in full. Grant awards typically range from $500 to $3,000.
If you are with a non-profit organization and would like to apply for funding from the Round Up Foundation, please fill out the webform below. Paper applications will not be accepted. If you have any questions or issues, email email@example.com.
Q: What is the Round Up Fund?
A: The La Plata Electric Round Up Foundation is a non-profit fund, generated by LPEA members rounding up their electric bills to the next higher dollar amount (average of 50 cents/month, $6.00/year). A member can select Round Up Plus which “rounds up” and adds additional dollars each month. Every month the La Plata Electric Round Up Foundation Board reviews applications from local nonprofits and allocates funds that support our community’s needs.
Q: Who is eligible to request assistance?
A: Nonprofit organizations in good standing with the IRS that serve our service area – primarily La Plata and Archuleta counties.
Q: How do I apply for assistance?
A: Non-profits that serve the LPEA service area can apply by filling out the webform at lpea.coop/grant-programs. After LPEA staff vets the request, the Round Up Foundation Board will review and make funding recommendations.
Q: When is the deadline for application submissions?
A: Applications received by the first of each month will be considered at that month’s regular board meeting. Please note that a nonprofit organization is only eligible to receive funds from the Round Up Foundation every two years.
Q: Is there a limit to the amount I can request?
A: No, but the LPEA Round Up Foundation Board has limited funds to disburse each month. Often requests cannot be granted in full. Grant awards typically range from $500 to $3,000.
Q: What information should I include with my application?
A: The applicant will need to include the following:
Make a specific request, telling the board exactly how much money you are requesting and how you intend to use the funds.
If the funds are being requested to purchase a new item or for a repair, please include two or three bids for the item or work. The Round Up Foundation Board encourages that at least one bid be from a vendor or supplier in the La Plata Electric service territory if possible.
List other sources of funding or assistance that are available to you; outline which sources you are pursuing, the amounts requested, and any amounts already awarded. The Round Up Foundation Board encourages applicants to pursue funding from numerous sources.
All applications must include the organization’s most recent financial statement for the organization, or a project/program specific budget.
Name(s) under which organization has applied for funding support.
Q: How do I send in my application?
A: You must apply through the online web form at lpea.coop/grant-programs.
Q: How quickly will the board respond to my request?
A: As long as your application is complete, we review the request in the same month that it is submitted. You will be contacted when a decision is made regarding the request.
Q: If I receive funding, what are my responsibilities to LPEA Round Up?
A: You will be sent a Post Grant Report with specifics, but an organization must be willing to submit digital photographs of item purchased/events held using Round Up grant, a testimonial describing how the Round Up grant has helped your organization, enrolling five (5) new Round Up members, explanation of how Round Up marketing materials were distributed to members of your organization.