Where do I find answers to my questions?

GRANTMAKING FAQs

 

 


Who can apply for a grant?

We make grants to organizations classified as tax-exempt under section 501(c)(3) of the Internal Revenue Service Code (IRSC).
We also make grants to tax-supported institutions such as colleges or universities, the local taxing district, and some government agencies. All our grants must benefit the people of Palm Beach County, Florida.
Learn more about grant eligibility.

Back to Top


Do you accept unsolicited requests?

Yes.

Back to Top


What is the application process?

Our application process begins when you submit a Letter of Inquiry (LOI) using our online grant system. After you submit your LOI, it is reviewed by our Program Team. You will be notified if we believe your project should move to the next stage of the process, which is the submission of a Full Proposal. Full Proposals are reviewed by our Grants Committee and then our Board of Trustees, who are ultimately responsible for making the decision about whether or not to fund a project.
Learn about our application process in greater detail.

Back to Top


Do you provide grants to individuals?

No.

Back to Top


What type of projects do you fund?

Our current funding strategy supports work which improves the health of the people of Palm Beach County. Maximizing impact is important to us. We look for projects that results in better engagement in health, greater access to resources for health and stronger connections in the health system.
Learn more about what we fund.

Back to Top


Do you fund outside Palm Beach County?

No. Our mission requires our funding to benefit the people of Palm Beach County.

Back to Top


Do you support direct services projects?

Yes. Many of our grants are made in support of direct services projects.

Back to Top


Do you provide general operating support?

We do not often provide general operating support.

In the past, to help an organization carry out work that is directly aligned with our vision & mission and our current strategy, we have provided financial assistance for day-to-day operating expenses, but these cases are rare.
It would be best to contact our Program Team before submitting an LOI for general operating support.

Back to Top


Do you support capital requests?

We do not support capital requests.

A request for capital support would have to be fully aligned with our vision & mission and our current strategy.
It would be best to contact our Program Team before submitting an LOI for general operating support.

Back to Top


Do you sponsor events?

We have limited funds available each year for event sponsorship and we do not accept unsolicited sponsorship requests.

If you are interested in discussing the possibility of event sponsorship, please contact Kerry Jamieson, our Senior Director of Communications.

Back to Top


What are your submission deadlines?

We accept LOIs throughout the year using our online grant system.
If your organization’s proposed project, as outlined in your LOI, matches our vision & mission and our current strategy, a member of our Program Team may contact you and ask you to submit a Full Proposal. You will be given clear instructions about the requirements and the due date for that submission.
We have posted a schedule of grant deadlines for your convenience.

Back to Top


How long does it take for a grant request to be approved?

The entire grant making process (from LOI submission, to request for a Full Proposal, to notification of our funding decision) can take up to 6 months, so please plan ahead.

Our Board of Trustees meets four times per year to make funding decisions.

Back to Top


May an organization submit multiple Letters of Inquiry (LOIs)?

Yes. However, each LOI must be for a distinct request.

Back to Top


May I submit an LOI if my organization currently has a grant from you?

Yes. 
Please Note: An organization’s performance on a current (or past) grant may influence our decision.

Back to Top


What is the average amount and duration of your grants?

The amounts we award vary greatly and depend on the scope and scale of the project. When determining the size of an award, we consider factors such as the size of the total project budget, the amount of support the project is receiving from other sources, and the size of the organization’s annual operating budget.

We are rarely prepared to stand as the sole funder of a project. We strongly encourage applicants to explore a variety of individual, government and private funding sources.

The duration of a grant varies, too. Most grants last between one and three years, which is why planning for sustainability is so important from the outset.

Back to Top


Where does your money come from?

Quantum Foundation was established in 1995 using the net proceeds from the sale of the JFK Medical Center in Atlantis, Florida. We are what is commonly known as a "hospital conversion foundation" -- the profits from the sale of the hospital were converted into an endowment for a health-focused foundation. The intention was that Quantum Foundation would help serve the health needs of the people of Palm Beach County through philanthropy rather than the provision of direct medical services.

Back to Top


How large is your endowment?

We currently have assets in excess of $150 million.

Back to Top


How much funding have you awarded?

Since we first began grantmaking in 1997, we’re proud to say we have awarded over $120 million to more than 450 organizations serving the people of Palm Beach County.

Back to Top


Will a grant always be for the full amount I request?

No.
We may award a grant for less than the requested amount. When reviewing a request, we consider a number of factors, including the reasonableness of the supplied budget based on the project's goals and duration, as well as the resources needed to accomplish those goals.

Back to Top


The government just cut funding for our program. Can we apply for your help to “fill the gap?"

No.
We do not make grants to replace government funding.

Back to Top


Is your grantmaking process competitive?

Yes.
The process is highly competitive. Annually, we receive requests for support that far exceed the amount of funding we have available for that year.

Back to Top


What are some examples of programs you currently fund?

You can find out about our latest grants in our annual Grantee Directory, which is published online, or on the news pages of our website.

Back to Top


My organization has been invited to submit a Full Proposal. How long do I have to complete it?

Your invitation to submit a Full Proposal will have included a submission deadline.
You can also check the grant deadlines on our website.

Back to Top


My organization has been invited to submit a Full Proposal, but we can’t meet the proposal submission deadline. What should we do?

Please contact a member of our Program Team if you are having difficulty meeting a proposal (or report)submission deadline.
We will always try to help you succeed. It's best to call us as soon as you know you may encounter challenges, so we can work together to prepare a plan and hopefully move forward.

Back to Top


Can my organization withdraw an LOI or Full Proposal that you're currently considering?

Yes, of course.

We realize that sometimes situations arise that prevent a proposed project from moving forward, like new executive leadership, altered organizational priorities, or funding cuts.
Please contact a member of our Program Team to discuss the situation, so we can determine the most appropriate next steps together.

Back to Top


My organization was invited to submit a Full Proposal, but then we were notified that the invitation was withdrawn. Why?

We will rescind an invitation to submit a Full Proposal if more than six months have passed since the invitation was extended with no submission or contact from your organization. Once an invitation is rescinded, your organization’s request will be withdrawn from consideration.

Back to Top


What are my responsibilities as a grantee?

Our grantees are required to submit reports at regularly scheduled intervals throughout the grant period, as well as a final report at the end of the grant. These reports describe the progress you've made towards achieving the project’s stated goals. They also detail how the budgeted funds have been spent.

A grantee has other roles and responsibilities, too.
You can learn more about the grantee experience on our website.

Back to Top


If I know members of your Board of Trustees or Grants Committee, may I contact them to discuss my request?

No.
Trustees and committee members refer all calls regarding requests to our Program Team.
Contacting a trustee or committee member will not increase your chances of receiving funding and is not the approved or approriate way to apply for a Quantum Foundation grant.

Back to Top


How can I make a donation to Quantum Foundation?

Thank you for the generous offer, but we do not accept donations.
We do encourage you to support our grantees, however. We share Grantee News and stories on our website.

Back to Top