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NPMA Foundation FAQs
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  • What are the eligibility requirements for receiving an NPMA Foundation grant?

    Recipients must meet all of the following criteria:
    o NPMA member in good standing for a minimum of 24 consecutive months;
    o Currently employed or seeking active employment in the asset or fleet management profession;
    o Not a member of the Foundation Committee;
    o No previous grant awarded within three consecutive years; and
    o Not exceeded the lifetime limit of $6,000.

 

  • What is the maximum amount I can request on a grant?

    o The maximum amount per grant request is $2,000.
       
  • What other actions do I need to complete for the application process?

    o Prior to submitting the application, ensure the appropriate approvals to attend the event are obtained from your employer.
    o Funding received from other sources should be included on the application.

  • What expenses may be covered by a Foundation Grant?

    o Seminar registration
    o Transportation to/from the event city
    o Hotel cost (day prior to event, during event, and day after event)
    o Book or program fees
       
  • What expenses ARE NOT covered by a Foundation Grant?

    o Transportation to/from the airport
    o Extra days for Delegate or other business meetings
    o Meals (other than those covered by the event registration fee)
    o Certification costs, including application fees, books or testing fees
  • When should I submit the application for an NPMA Foundation grant?

    o Grant applications are accepted 180 days prior to the start date of the educational event, but no later than 60 days prior to the start date
  • Who reviews my application and how are NPMA Foundation grants awarded?

    o The NPMA Foundation Committee reviews all applications. Committee members include:
    The Foundation Administrator
    • The Foundation Assistant Administrator
    • Region Foundation Directors (Western, Central and Eastern Regions)
    • NPMA President
    • NPMA Vice President of Finance

    o The Grant Committee will consider:
    • Member’s Eligibility
    • Member’s Contribution to the NPMA at the chapter, region or national level
    • Amount of grant requested
    • Availability of funds for the requested event

    o Generally, grants are awarded 60 days prior to the requested event’s start date.

  • What is required if I receive an NPMA Foundation grant?

    o Grants awarded are reimbursement-type, meaning the recipient must incur the cost, physically attend the event and then submit an expense report for reimbursement - one exception: registration fees for NPMA events will be paid directly by NPMA.
    o Expenses must be in compliance with the NPMA Travel Policy as published in the NPMA Operations Manual.
    o The NPMA Expense Report must be submitted with expenses and original receipts within 30 days after the event ends.


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