The TK Foundation was established as an independent foundation in 2002. The Foundation is named for J. Torben Karlshoej, ‘T.K’, who grew up on a farm in Denmark and later founded the Teekay Shipping Company, now Teekay Corporation. Since its establishment, the TK Foundation has supported philanthropic programmes and projects around the world that are consistent with its focus areas and based on the following core values:
- A hand up, not a hand out;
- Lasting impact;
- Hands on.
The TK Foundation envisions a world where all youth have access to opportunities that lead to employment that allows them freedom, equity, security and human dignity. The TK Foundation is interested in supporting youth development programmes that are meeting the needs of motivated disadvantaged youth ages 15-21 through innovative and effective programmes that help prepare the programme’s young beneficiaries for employment and careers that will allow them to become self-sufficient in adulthood.
The TK Foundation is calling for proposals for its 2012 Youth Development Grant.
Winning grant programmes will incorporate the criteria listed below:
- Improve youths’ educational achievement - Programmatic elements can include: Mentoring, tutoring, educational field trips. Improvement in documented learner performance, attendance, and/or behaviour should be documented and measurable;
- Prepare youth for succeeding in the workforce - Programmatic elements can include: Opportunities to receive job skill training, attend vocational courses, obtain internships, or other types of work-related, hands-on experience;
- Provide support services to youth - Programmatic elements can include: Case-management, counselling, financial literacy and/or other life skills courses;
- Promote youth leadership skills - Programmatic elements can include: Volunteer opportunities, peer mentorship, or advocacy.
Programmes with social enterprise (applying business strategies to achieve philanthropic goals) components are especially encouraged to apply.
The TK Foundation has approximately R8 000 000 (US$1 000 000) in grants to successful applicants. Grant requests may range from R200 000 to R2 400 000 (US$25 - 300 000) per project. Multi-year grant requests not exceeding the top grant range that fall within a grant period of up to three years will be considered. The TK Foundation welcomes a mix of applications within the grant range.
The TK Foundation will review proposals from nonprofit organisations during the first stage of the process and invite selected qualified applicants for further review during the second stage. The relevant dates are as follows:
- Proposals due (first stage): 27 July 2012
- Invitation for further review (second stage): 24 August 2012
- Second stage information due: 21 September 2012
- Grant decisions announced: 26 November 2012
- Grant funding period beginning: 1 January 2013
- Eligible applicants must be nonprofit / public benefit organisations that are exempt from income tax under Section 30 of the Income Tax Act;
- Applicants can be located in, or have programmes operating within, South Africa;
- Applicants must operate without illegal discrimination on the basis of race, religion, gender, sexual orientation, age, national origin, or disability;
- Applicants who are a previous or current TK Foundation Fund grantee must have completed all reporting requirements to date.
The TK Foundation wishes to support organisations working in two or more of the following focus areas:
- Improving youths’ educational achievement;
- Preparing youth for succeeding in the workplace;
- Providing support services to youth;
- Promoting youth leadership skills.
- NGOs with new, existing or expanding programmes in two or more of these areas may apply for grant funds to be used for the following activities:
- Implementation of a new programme;
- Continuation or expansion of a programme provided the NGO is able to demonstrate a history of compelling, quantified impact;
- Creation of sustainable structures, including social enterprise in which youth are the direct beneficiaries;
- Staff costs, facility costs (excluding construction or renovation costs), supplies, equipment, and other direct expenses on which the success of the programme depends;
- Community outreach, promoting the programme and its services to targeted service providers and partners;
- Staff, volunteer or youth training;
- Justified Indirect costs (share of overhead costs).
Grant funds may not be used for:
- Annual fund drives;
- Underwriting or sponsoring social or special events;
- Fund-raising activities;
- Debt retirement or budget deficits;
- More than 25 percent of organisation annual budget;
- Endowment campaigns.
These are generalities and are true in most grant-making situations. However, the foundation may make exceptions when appropriate and after discussion with the applicant organisation.
Evaluation criteria for proposals
The TK Foundation recognises that youth in South Africa face many different challenges in reaching their full potential and contributing to society as responsible, resourceful young adults. The TK Foundation is hoping to identify programmes that address the current context of the young people with whom they work, identify their particular needs and barriers to success, and provide effective or innovative interventions in two or more of the four funding areas. Organisations applying for funding should have relevant experience and a track record of delivery in youth development and be able to demonstrate meaningful relationships in the communities where they are based and access to young people to be served.
Proposals will be evaluated by a qualified review committee who will determine the extent to which they meet the following criteria:
- Disadvantaged - The foundation wishes to target those youth who  do not have equal opportunities because of circumstances that makes achievement unusually difficult and  are at risk of social exclusion in school-to-work transitions;
- Innovative - The foundation seeks organisations that are  open to new ideas that can be applied in practice and  are willing to be progressive and flexible;
- Motivation - The foundation wants to support organisations working to build motivated youth who attribute their educational results and other accomplishments to internal factors that they can control (e.g. the amount of effort they put in), believe they can be effective agents in reaching desired goals (i.e. the results are not determined by luck), and are interested in being self-sufficient;
- Self-Sufficient - Successful programmes will encourage youth to reach personal and economic independence from assistance for the basic needs of food, clothing, shelter, and medical care;
- Youth - Between the ages of 15-21. Applicants are requested to differentiate between ‘Teen’ (15-18) and ‘Young Adult’ (19-21).
Proposals format and content
Proposals should include each of the items listed below. Please do not exceed the page limit allotted for each section. The font must be a minimum of Times New Roman, 12. Proposals must be in Microsoft Word format and include the following information:
- Proposal Cover Sheet (One page, use form provided);
- Narrative (no more than eight pages, use form provided);
- Programme budget (One page, use form provided);
- Financial analysis (One page, use form provided);
- List of members of the organisation’s governing board and executive staff (One page, use form provided);
- A copy of the organisation’s current total operating budget (One page)
- Most recent annual report;
- Three major income sources over the last three years.
- In addition to the above set, please provide the following attachments as a PDF file:
- Registration with the South African Revenue Service as a public benefit organisation or a nonprofit organisation;
- Copy of the most recent audited financial statement and auditor’s letter of opinion/management letter.
- For more information and application form, e-mail to Heather Cooper at firstname.lastname@example.org.
Important – submission of proposal
Proposal should be saved in the following Microsoft Word format:
Proposed programme acronym (or name), Organisation acronym (or name).doc. For example: Youth_Programme_ABCNonprofit.doc.
Submit full proposals to email@example.com no later than 16h30 on 27 July 2012.
Late or incomplete proposals will not be accepted. If you are having difficulty, contact Heather Cooper to help you complete the form. Proposals will be declined if the directions for formatting stated above are not followed.
Enquiries: Heather Cooper, Tel: 082 823 2744, e-mail: firstname.lastname@example.org.
For more about the TK Foundation, refer to www.tkfoundation.bs.
To view other opportunities, refer to www.ngopulse.org/group/home-page/other-opportunities.