Initial Funding Categories & Allocation

The categories of projects that will be considered for funding initially include:

• Fundraising: projects that will recoup the grant amount (or a major portion thereof), with the idea that the Fund be restored. Any proceeds above and beyond restoring the Fund from the event may either be returned to the Fund or deposited in the 46th District Democrats general budget.
• Capital Projects: e.g., purchasing a sound system for the District
• Organization-Building: e.g., initiating a grade school program to foster civics and activism, providing scholarships for LD members to receive training in areas of activism and the political process

The Committee may grant up to $10,000 of the fund by the end of 2010. The remainder will be invested in low-risk investment vehicles with rolling maturation dates.