About In-Kind Grants
About In-kind Grants:
The Campus Consortium offers a variety of technology in-kind grants to education institutions such as Higher Ed and K-12 committed to providing students, faculty, and staff with exceptional educational tools for professional and personal success. When funding is available Campus Consortium provides economic assistance to help schools afford technology. Please note: Campus Consortium In-Kind grants are not cash awards or discretionary funds. Campus Consortium financially subsidizes a portion of cost for a specific technology solution with a specific EdTech vendor/partner. Additional financial contribution from the awarded institution is required. If an applicant institution is approved and accepts an in-kind grant, the total cost of the technology solution is shared by Campus Consortium and the Institution.
What is an In-kind Grant?
There are two types of donations that can be made to nonprofit organizations. A cash donation is the transfer of funds and an in-kind donation is the transfer of any other type of asset such as goods or services. In-kind goods and services are valued at their fair market value. In other words, they are valued at what you would pay for them if they were not donated.
Examples of in-kind gifts include:
- Goods, like computers, software, applications, furniture, and office equipment, for use by your organization or for special event auctions
- Services, like meeting space, photocopy and mail services, IT support and administrative/financial support
- Expertise, like legal, tax, or business advice; marketing and website and application development; and strategic planning
- Cash equivalents, like stocks, bonds, and mutual funds
What is a Campus Consortium In-kind Grant?
Campus Consortium in-kind grants provide professional services, limited software and application licensing and technical support instead of cash. The process of applying for the In Kind grant is streamlined but similar to the process used for monetary In Kind grants. Technology In-kind grants with specific EdTech partners are the only kind of contributions Campus Consortium provides to members. Any K12 or Higher Education school in need of educational technology is eligible to apply for an In-kind grant. Not all schools will be awarded an In-kind grant but any school can become a Campus Consortium member.
Please note: Campus Consortium In-kind grants are offered only with our specific EdTech vendor/partners. There is no cash award instead we provide underwriting funds that are distributed to the chosen partner on your institution’s behalf. Additionally most Campus Consortium In-kind grants do not eliminate the entire cost of the solution but they significantly reduce the cost of software and services. Most Campus Consortium In-kind grants require financial contribution from the awarded institution as a shared cost model to pay for the total cost of ownership of the selected solution.
What is the Source of Funding for Campus Consortium In-kind Grants?
Campus Consortium is a nonprofit that recovers operating expenses through the following sources: vendor sponsorship of Campus Consortium informational webinars, EdTech partner member fees and agreements with EdTech partners. Campus Consortium cultivated longstanding agreements with specific EdTech vendors and developed the Campus Consortium In-kind grants program with specific Campus Consortium Partners. Due to this collaboration we have agreements in place that support the Campus mission of reducing the time and cost of educational technology. Campus Consortium board members also sit on the boards of our select In Kind grant partners to ensure they continue to provide quality and value to Campus Consortium members.
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What We Ask of Our Members
We count on our members to willingly contribute and participate in our community engagement activities:
- Thought Leadership via Our Monthly EdTalks Broadcast
- Author Blog Posts, Articles, and Industry Insights
- Contribute to Success Stories and Conference Presentations
- Publish Research Articles and White Papers
Are you prepared to serve the education community in inventive ways with
the Campus Consortium?