In 1987, proceeds from the sale of property adjacent to St. Albans Church were used to establish the Barnabas Fund. The vestry’s intent was to use the income earned by the fund for projects and programs that further expanded the ministry of St. Albans. Upon the closing of St. Albans in 2013, the balance of the fund was transferred to the Trustees for investment in Master Fund A. The Trustees have formed a Barnabas Fund committee that assists the Trustees in selecting projects to receive grant funding.
An applicant must be a not-for-profit organization with ties to at least one Episcopalian and located within the Episcopal Church in Delaware. The awarded funds must primarily be for use within Delaware.
Grants are awarded for doing Christian work. However, the grants are not restricted to Christian organizations.
Grants should provide for non-recurring acquisitions and are not to be used for costs that are, or should be, considered routine operating expenses, repairs, or maintenance. Grants will not be made for an organization’s capital campaigns.
Grants will be awarded for amounts up to 25% of the annual Fund distribution. The maximum grant amount in any particular case will be approximately $5,000. If the total project cost exceeds $5,000, the applicant will be expected to inform the committee of the source(s) of the balance of the project funding.
Applications for grants are considered by the committee on an as-needed basis as they are received and documented. There are no formal funding cycles. The application review and approval process may take up to 30 days. Awarded funds are not available immediately upon approval by the committee.
For information on applying for a grant, please contact Teri Quinn Gray, 302.256.0374 ext. 108.