Criteria For Evaluating Grant Proposals

“The purpose of business is to serve. Profits from this service are not measured in dollars, but rather in increased happiness resulting from such service.” - Calvin K. Kazanjian


While a variety of considerations are used in evaluating proposals, the Foundation will pay special attention to the following:

Significance
  • Does the proposed project effectively address the key issues outlined in the current guideline? (See Guidelines)

    • Plan of Operation
  • Is there good potential for the proposed project to reach its stated objectives?

    • Technical Soundness
  • Does the applicant exhibit a thorough knowledge of current developments in economic education, and are the proposed methodologies and/or implementation designs adequate?

    • Quality of Key Personnel and Reputation of the Institution
  • The quality of any co-sponsoring institutions will also be considered under this criteria.

    • Budget and Cost Effectiveness
  • Leveraged uses of Foundation funds along with possible matching sources will be evaluated favorably.

    • Evaluation
  • All proposals should have an evaluation component. The Foundation is interested in knowing how the project will be measured against its stated objectives.


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