Our Process
The Rieschel Foundation makes charitable gifts in one of two ways, either through discretionary grants or by way of its grant cycle. Discretionary grants are given to organizations with whom the foundation has both a relationship and giving history. Nonprofit organizations cannot apply for discretionary grants and are only considered by way of invitation. Our annual grant cycle provides opportunities for public charities from Gallatin and Park Counties, Montana to submit an application-based request for funds.
Asia Society
Our Annual Grant Cycle
Annually the foundation opens its grant cycle during the month of May. After the deadline the grant committee reviews all submitted applications and chooses public charities whose missions resonate most closely with the foundation’s current impact goals.
Throughout the review process the foundation seeks to align with extraordinary organizations looking to make a significant impact.
Once the foundation has conducted a site visit and made recommendations to its board of trustees the board then either approves or denies the committee’s recommendations. When an application is approved the foundation then coordinates with the charity on paperwork and wires the grant.
Following this process the foundation and the public charity set up semi-annual meetings to review the organization’s progress toward its stated goals.
Important Dates
January 2023 - December 2023
Semiannual review meetings
May 1, 2023
Application opens
May 31, 2023
At 5:00PM on May 31, 2023 the application will close
June 2023
The Rieschel Foundation reviews all applications
July 15, 2023
The Rieschel Foundation announces site visits and informs organizations it is unable to fund
July 2023 - August 2023
Site visits
August 2023
Grant committee deliberation and recommendations
September 2023
Trustee approval
October 2023 - November 2023
Grant agreements and disbursements
Ready to apply?
Please take note of the following information.
Step 1: Username and Password
At the top of the application, there is an option to save your progress and resume later. We highly encourage applicants to use this feature to create a username and password. A link to resume your application will be sent to the email provided.
Step 2: Gather Required Attachments
There are a number of required documents for completing your application - all attachments must be submitted as PDFs or your application will not upload.
- IRS 501c3 Letter of Determination
- Your most recent 990
- A copy of your current fiscal year budget
- Your board roster (include start year for each board member)
- If you have a fiscal sponsor you will also need to include a copy of your fiscal sponsor agreement
Step 3: Review and Complete
After clicking 'review' a new page will appear revealing your application. We strongly recommend saving this page for your records as you will not be able to reopen your application after submission. At this point you MUST click 'complete' at the bottom of the page in order for your application to be submitted. Our system will automatically send you an email confirmation indicating that the foundation has received your application.
