2016 Endowment Fund Application Procedure Changes
The new 2016 Endowment Fund Application and Procedures are now available on the ATOS website at:
There are significant changes in the Application and review procedures so please examine and implement the changes.
A critical change is concerning the application submittal date.
It has now been moved to February 1, 2016.
This was done to accommodate all the additional actions that will be required under the new procedures and parameters…the review process will be much more extensive. This has been done to accommodate a stricter IRS policy dealing with 501 (c)(3) organizations. In fact it would be a good idea for all chapters to make sure they are in compliance with IRS regulations. A 2015 IRS form 990 will be required for a grant application to be reviewed so make sure you filed this document with the IRS.
If you have any questions please contact John Ledwon at j.ledwon [at] atos.org