Letter of Approval from Board of Directors
According to Colorado Revised Statutes (C.R.S. 39-22-548, subsection (5)(a)(I)), “A nonprofit organization shall apply to the Division for approval to receive allowable contributions under this section, including approval of a proposed project. the application must:... (B) provide a letter of approval from the nonprofit organization's Board of Directors;”
Letter from Board of Directors should include the following:
- Written on organization letterhead
- Date the letter was written
- Include all contact information of organization (name, phone number, address, etc.) and the board member contact information
- Signature at the bottom of the document and title of board representative
- Body of the letter should indicate:
- The project activity(s) and/or capital campaign(s) that the organization is applying for approval with initial eligibility application.
- What the organization hopes to accomplish with the funding.
- Brief history/description of how the organization serves the homeless population
- How the financial management practices are set up to account for HCTC project contributions
- Additional questions to think about:
- How would participation in HCTC impact the organization, its projects, and the local community?
- How would this impact fundraising efforts for this organization?
View a brief template for how the letter can be structured.
Please keep in mind that the letter does not need to follow this structure exactly; it is only to serve as a guide for those who are writing the letter. Each Board of Directors should customize it at their discretion according to the organization’s services, project eligibility requests, and needs of the community they serve.