How to Apply
The FSILG Cooperative, Inc. (FCI) is in a position to help all apllicants. You can always start by contacting
Scott Klemm, Executive Director, FSILG Cooperative, Inc. at sklemm@fsilg.coop or 617.452.4053. He can provide advice and direction. Also, there are now a number of IRDF Policies, to provide guidance on applying for loans and grants.
Of all the IRDF funding programs, the Educational Operating Grants
Program may be the easiest – and certainly the quickest –
to navigate.
There are seven steps to complete:
1. Measuring (4-6 hours)
The first step in your application process is to make sure you have current,
accurate floor plans for your house in the INSITE system. You should contact
the FSILG Cooperative, Inc. if you do not have plans. Once you have accurate plans you
will need to review those plans and identify which spaces are solely educational,
which are non-educational, which are utility spaces, and which are mixed
use. This information will be incorporated into the INSITE system and
used to calculate your educational area percentage. Your INSITE drawings
& data are available by request.
2. Expenses (4-6 hours)
Next, you will need to determine which expenses are eligible.
First, only operating expenses are eligible. Capital (e.g. debt, major
construction) and programming (e.g. recruitment, social) are not eligible.
The eligible operating expense categories are further narrowed due to
IRS rulings. The expense sheet and FAQ have more information about the
particular included and excluded expenses.
Second, operating expenses are divided into two categories. Expenses
that are attributable to a particular space (e.g. replacing a light fixture
in the library or kitchen) are considered assignable. Expenses that are
not attributable (e.g. roof maintenance) are non-assignable. For the purposes
of this program, maintenance supplies and services used in small amounts
(e.g. light bulbs or minor repair work) throughout the house are considered
non-assignable.
Eligible, non-assignable expenses are multiplied by your educational
area percentage to determine the grant amount. The expense spreadsheet
should be used to assemble these expenses. Documentation for these expenses
must be retained for three years, but should not be included with the
application.
Eligible, assignable expenses in educational areas (e.g. replacing a
light fixture in the library) are 100% grantable. Documentation for these
expenses (receipts and cover sheet) must be retained for three years,
and also must be included with your application.
Assignable expenses in non-educational areas (e.g. fixing the sink in
the kitchen) are 0% grantable.
3. Application (1-2 hours)
Once you have your floor plans and have determined your expenses, you
should complete the "Initial
Application for Grant For Educational House Operating Costs from MIT Independent
Residence Development Fund" document. Most of the information
on the application will be from the previous two steps. For Part A, Section
1, be sure to put your house corporation information in (a) and your undergraduate
house information in (b). And be sure that officers from both sign the
final page of the application.
4. Attachments (1-2 hours)
Be sure to include all required attachments:
- Receipts for all work for which you are claiming 100% grantable
- Copy of your 501(c)3 or 501(c)7 letter from the IRS
- Copy of your INSITE plans and summary sheet
5. Examination (2-4 days)
Once you have your assembled packet you should submit it to the FSILG
Cooperative, Inc. for examination. If your application is complete, it
will be submitted to the FSILG Office for certification. If
it is not complete, you will be contacted to assist in completing the
application.
You may deliver it in person to:
FSILG Cooperative, Inc.
W20-020A
84 Massachusetts Avenue
Cambridge, MA 02139
Or mail it to:
FSILG Cooperative, Inc.
PO BOX 397068
Cambridge, MA 02139
6. Certification (2-4 days)
Your application must be hand delivered to the FSILG Office, by FCI or
by the house, where the staff will review it for completeness, attach
a criteria report, date-and-time-stamp the application and file the original.
Your application, with cover sheet, will then be delivered to the Grant
Advisory Committee at the MIT Treasurer's office for review.
7. Review (15-45 days)
The Grant Advisory Committee meets at least once each month to review
grant applications. The committee consists of Kevin Milligan (Property Office), Bob Ferrara (DSL/MITAA), and Tom Holtey (AILG). They will review
your application at their next meeting and make a recommendation to the
MIT Treasurer. They will contact you to let you know the status of your
application and the amount of your grant.
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