Rocky Mountain Supply Sets Up Foundation
Author: Fallon Grant, Rocky Mountain Supply Communications Director
Rocky Mountain Supply Sets Up Foundation
Fallon Grant
Rocky Mountain Supply Communications Director
The Board of Directors of Rocky Mountain Supply is pleased to announce to you the development of the Rocky Mountain Supply (RMS) Inc. Foundation. The mission of the Rocky Mountain Supply Inc. Foundation is to provide grant opportunities to support the education of youth interested in agriculture and the communities that Rocky Mountain Supply (RMS) serves through lifestyle and safety improvement projects.
Grants will only be provided in the form of cash contributions, with minimum requests being $1,000, and the maximum request can be $10,000. There could be opportunities for matching funds from other business partners to enhance the overall contribution. If there is a matching fund contribution on behalf of RMS, the RMS contribution will be limited to a maximum of $10,000. Annually, the total maximum amount of grants awarded will be $50,000.
The funding for the RMSI Scholarship Program will also flow through the Rocky Mountain Supply, Inc. Foundation. The funding for the RMSI Scholarship Program will continue to be $6,000 or four - $1,500 scholarships.
Grant applications for the Rocky Mountain Supply Inc. Foundation will be accepted any time; however, grant applications will be reviewed and considered twice per year, November 1st through December 15th, and May 1st through June 15th. The Rocky Mountain Supply Inc. Foundation committee will initially review the grant applications. The committee will review each application for completeness, and if the applicants and requests are aligned with the requirements and mission of the Rocky Mountain Supply Inc. Foundation. The committee will provide a recommendation on each application to the Rocky Mountain Supply Inc. Board of Directors. The RMS Board of Directors will make the final decision on grant awards.
Decisions on grant awards will be communicated to the applicants within 30 days after the end of each grant application consideration time period. Grant award payments will be distributed within 30 days after the award decisions have been communicated.
For further information about the foundation, please visit our website at https://www.rmsi.coop and click on the “Foundation and Donations” tab. You will find the application and additional detailed information.
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Image 1 Caption: Rocky Mountain Supply has a large presence in Townsend. The store's board directors have set up a foundation to award grants to youths interested in agriculture plus lifestyle and safety improvement projects.
