The Binc Foundation was pleased to be able to provide you with a financial assistance grant recently. In order to help us improve our service to booksellers, we ask you to please complete a short survey to tell us about your experience and offer suggestions for improvement.
The Binc Foundation and Penguin Random House have come together to foster and enrich the relationship between a bookstore and the community they serve. Through a generous donation from Penguin Random House, Binc will award funding to a bookstore that creates and implements a program that strengthens their connection to the community, enhances the bookstore’s mission, and nourishes a passion for reading.
The bookstore must identify a community non-profit or other institution with which to partner for their proposed program. Binc will award a total $1,500 to a bookstore who create a meaningful partnership with an organization in their community. The funds would be paid by Binc to the bookstore for implementation of the project.
CRITERIA AND ELIGIBILITY REQUIREMENTS
- Applicant bookstores must be in one of these categories:
A U.S. retail brick and mortar store owned by an entity of which a substantial portion of its revenue is derived from the brick and mortar sale of books.
A mobile or pop-up bookstore with ongoing overhead investment which is open to the general public and maintains an annual average of 30 hours per week with an employee present
- Applicant store must be a member of one of the regional independent bookselling organizations and/or an American Booksellers Association member.
- Partnering community organization must be a non-profit 501(c)3 in good standing, a school or museum. (Excluding religious or political organizations)
- Community outreach partnership should be aligned with the applicant store’s values, mission, and have a strong focus on local community needs. Partnerships can include public or charter schools, libraries, museums, or local community organizations among other non-profits.
- Community outreach partnership should include involvement of applicant store employees and customers.
- Proposed project must be endorsed by the store owner and they agree to be the authorized recipient for the awarded funds.
- Applications will be accepted until May 2, 2020.
- Applications will include essay questions that will outline the scope of the community project, the demographics and number of community members served, and a proposed budget.
- Applications will require certification of partnering organization 501(c)3 status and the most recent IRS Form 990.
- Each application will be rated by a sub-committee made up of at least two representatives from Penguin Random House and a member of the Binc Program Committee.
This survey will help determine under which circumstances Board of Directors members could be eligible for assistance from the Binc Foundation. Please give your opinion on eligibility for each of the scenarios below. Add any thoughts, questions or suggestions in the comments field.
In this survey, BoD Members are defined as:
- members of the Binc Board of Directors who own a bookstore and/or work in a bookstore.
- owning or working in a bookstore as defined by Binc's policy.
- a bookstore owner or bookseller who qualifies for assistance or scholarships as set out in the program procedures and policies.