Frequently Asked Questions
Organizations must be recognized by the U.S. Internal Revenue Service as a tax-exempt entity [501(c) (3)], or a public school or agency that meets our Foundation’s primary goal of improving health and opening up educational opportunities for economically disadvantaged persons.
What is not eligible for support from the Boston Scientific Foundation?
- Requests for event-based fundraising or sponsorships
- Capital campaigns
- General operating requests
- Continuing medical education requests or medical research requests
- Political campaigns to support and/or oppose candidates for public office
- Evangelizing activities of religious organizations
- Fundraising initiatives that may directly or indirectly benefit Boston Scientific Corporation
When can organizations apply to the Foundation?
Beginning in 2017 the Boston Scientific Foundation will accept grant applications twice annually, based on focus area.
GRANT APPLICATION PROCESS:
Organizations with a proposal that falls within the scope of Boston Scientific Foundation’s focus areas are invited to apply for funding by submitting a Boston Scientific Foundation Grant.
Paper-based applications are no longer accepted.
Organizations may submit one application per region each calendar year. Proposals are accepted twice a year and are reviewed by local Boston Scientific employee teams. The review process usually takes from 3 to 6 months. Funding decisions are based on available resources and the degree to which proposals meet the Boston Scientific Foundation charitable giving criteria and priorities.
The Boston Scientific Foundation will review applications twice annually, based on focus area.
January 15 - April 15 Health Applications Accepted
Deadline Extended to April 15, 2018
Health applications received between January 15 – April 15 will be assigned to regionally-based review committees for evaluation. Proposals that are recommended by these committees will be presented to the Foundation Board in July. Organizations that submitted health proposals will be notified in July/August as to the status of their application.
May 1 – September 1 Education Applications Accepted
The Foundation supports programs focused on improving STEM (Science, Technology, Engineering and Math) educational opportunities and academic development for K-12 students who are economically disadvantaged.
What type of reporting is required if our organization receives a grant award?
Every organization that receives a grant from the Boston Scientific Foundation is required to submit a Year End Report (YER). The YER form can be downloaded from the Year End Report.
When are Year End Reports Due?
Year End Reports are due no later than 60 days after the grant period has ended. The grant period is one year from the date of the award.
Important note about grant awards:
The Boston Scientific Foundation provides one year grants in an effort to support as many innovative health and K-12 educational programs as possible. Programs funded must target underserved populations.
OUR STRATEGIC APPROACH:We seek to support programs that improve health and education for economically disadvantaged persons. We are particularity interested in proposals that contain these elements:
- Cost-effective and results-oriented programs, where our contributions can make a long-term measurable difference in the quality of people’s lives and serve as a catalyst for positive change.
- Community-based approaches that work to empower those who are involved.
- Evidence based approaches.
USE OF GRANT FUNDS: SALARIES AND OPERATING EXPENSES
- We understand that there are necessary operating expenses (salaries, rent, utilities, etc.) associated with executing programs. If your organization is seeking operating expenses as a required part of program support, we ask that all costs be clearly outlined in proposals.
- Program sustainability is important to our funding decisions. If operating expenses, particularly salaries, are over 50% of the grant request, it is vital that we clearly understand how the program can be sustained after a Boston Scientific Foundation grant has ended.
- If your organization has previously received funding from the Boston Scientific Foundation, reporting on how all funds, including details of operating expenses (particularly salaries) were used and accounted for is required as a part of the program/year-end report.
- The Boston Scientific Foundation does not consider proposals where 100% of the request is for general operating support.
Does the foundation award multi-year grants?
The foundation does not award multi-year grants.
What sort of scholarship awards do you make available to college-aged children of Boston Scientific employees?
To help improve the educational opportunities for the children of Boston Scientific employees, we offer an academic scholarship program for eligible children of all active, full-time, regular, United States-based Boston Scientific employees who are accepted and attend an accredited post-secondary undergraduate institution to pursue any course of study.
Who helps staff and manage the Foundation?
In addition to our small staff in Marlborough, MA, the Boston Scientific Foundation relies on the due diligence of our Employee Community Teams, comprised of employees who volunteer in key regions across the U.S. where Boston Scientific offices are located. These teams identify charitable organizations and evaluate grant applications at a local level and make recommendations on these applications from their respective regions. Our Foundation Board of Directors oversees regional grant recommendations made by the Employee Community Teams.