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May 11, 2018
Posted Under: Foraker News

Foraker has been honored to work with our funding partners – the Alaska Mental Health Trust Authority, Denali Commission, Mat-Su Health Foundation, Alaska Housing Finance Corporation, and Rasmuson Foundation – to bring the Pre-Development (Pre-D) program to Alaska nonprofits. The purpose of the program, which was launched in 2006, is to plan sustainable capital projects, which we define as projects that contribute to the long-term viability of the organization and the community it serves.

“Pre-development” describes the phase of a capital project between the origination of the concept and the initiation of design.  It is the period of gathering information, exploring options, and making decisions about the direction of a project.

Since the program began, more than 100 nonprofits have been part of Pre-D and have gone on to successfully complete a variety of projects across the state including libraries, museums, senior housing, homeless shelters, health clinics, community centers, and domestic abuse shelters. We have worked with organizations, borough governments, and tribes to ensure that each project was well conceived and that it was the right size and scope to meet its mission for years to come.

We want to let you know that for the foreseeable future, Pre-D will not be accepting new project applications. However, we will continue to offer resources on our website and answer any questions you may have. If you are considering a capital project, we encourage you to review a handbook we developed – Preparing to Fund Your Capital Project in Alaska and Beyond – which is available on our website at no charge.

We thank our funding partners and all the organizations that have worked with us to make Pre-D a successful program.