United Way of Greater Knoxville
Request for Investment (RFI)
[Do not submit an RFI unless all conditions apply]
The organization is currently registered as a Charitable Organization with the Tennessee Secretary of State or has a current registration exemption from the Tennessee Secretary of State.
The organization has tax-exempt status under section 501(c) (3) of the Internal Revenue Service code or has a fiscal sponsor that is a 501 (c)(3).
The organization has a Board of Directors that is an active, representative voluntary governing body, with regular meetings as directed by the IRS and your organization’s bylaws.
The Board of Directors is responsible for ensuring that sufficient funds are available for the organization to meet its objectives.
The organization will indemnify United Way of Greater Knoxville, its volunteers and staff from any and all liability for any damage or injury caused to any employee, client, patron, agency, visitor or guest of the agency.
Organizations with annual revenue over $1 million must have a recent (dated in the last 12 months) independent audit. Organizations with revenues between $250,000 and $1 million must have a recent (dates in the last 12 months) independent audit, review, or compilation. Organizations with annual revenue less than $250,000 are not required to submit an audit, review, or compilation. If the organization has not conducted any of these options, submit a letter explaining why.
The Board of Directors has inspected and approved the annual audit, or review, as well as IRS Form 990.
The organization has and maintains a balanced budget or has an agreed upon plan for meeting all deficits.
The organization provides funded services in Knox County and its services are culturally sensitive and barrier free.
The organization must be in existence for at least one year before becoming a qualified partner agency and receiving funding.
The organization has identified projects or programs that support the UWGK’s goal and one or more of the target issues in the impact area for funding (Health, Education, or Financial Stability).
The organization has the mechanisms and capacity for regularly reporting measurable, qualitative and quantitative outcomes.
The organization can anticipate adhering to the UWGK funding agreement including all documentation and reports by established deadlines.
The organization demonstrates reasonable efficiency in program management and adequacy of resources, both in materials and in personnel (voluntary and paid) to sustain a quality level of service.
The funding request to UWGK does not extend to individuals, school fundraisers, capital campaigns or endowments, sponsorships, marketing opportunities, event fundraisers, or sports events.