The Rx Foundation does not consider unsolicited letters of inquiry (LOI). If you think you have a project that might be of interest to the foundation, please send a brief email to the Rx Foundation [email protected].
The purpose of the LOI is to give the Foundation a sense of the context, goals, and rationale of a project. If the project is deemed a potentially good match for the Foundation, the applicant will be invited to submit a full proposal.
Please follow these guidelines in preparing your LOI for review by the Rx Foundation:
- LOI should not be a vague exploration of an idea; it is assumed that you have already thought through your proposed project (including budget) and are presenting an abbreviated description.
- LOI should be no more than 2 pages and succinctly summarize:
- project title, institution(s) involved, and project leader(s);
- statement of need;
- the “what” and “how” of the project;
- institutional capacity and support for the project;
- expected outcomes, and a clear sense of how will they be measured and disseminated;
- total project cost and/or draft budget;
- potential for matching funds (if applicable).
- Please also consider these questions when preparing your LOI:
- What specific health care problem does your project target?
- How would your project, if successful, significantly advance efforts to solve that problem?
- How will you measure the success of this project?
- What next steps would need to be taken following the Rx Foundation funding period?
- Why can’t funding for this project be raised from sources other than the Rx Foundation—for instance, from an institution, a government agency, or private investors?
- The LOI will not cover each of these questions in detail, it should be your best 2-page pitch of the proposed project. If a full proposal is requested, there will be an opportunity for depth and detail on each aspect of the project.