502 Film is excited to announce our first grant opportunity - Up to $10,000 in finishing funds for local filmmakers. The grant, made possible by G. Hunt Rounsavall Jr., aims to provide financial and advisory resources so that a Kentucky-based filmmaker can complete their film project.
The 502 Film Finishing Funds Grant is open to filmmakers working in both short and long formats, in all genres — narrative, documentary, animated and experimental
Requirements for applicants:
Must be the film's Director
Must be 18 or older
Must be a resident of Kentucky OR all production pre to post must be based in Kentucky
Must have completed 90% of principal photography
Supply a rough cut at the time of application
Film must be completed by December 31, 2022
Must have a US Taxpayer ID number
Must be an independent filmmaker (see Q&A for details)
DEADLINE FEBRUARY 18, 2022
RECIPIENT(S) ANNOUNCED BY MARCH 11, 2022
To apply, please complete the form at the bottom of this page and include a link to a Dropbox or Google Drive folder with the following items:
Director/Artist statement for the project
Budgets - for entire production and for remaining expenditures
Budget narrative - what do you need the money for? how does the 502 Film Finishing Funds Grant help you complete your film project?
Treatment & script
Link to rough/assembly cut
Link to website/reel
Post production/completion timeline
How we will determine the Grant Recipient:
Does the project presented meet program eligibility requirements?
Does the project tell a compelling story?
Does the project take an innovative approach to the subject matter? Has the story been told before and if so, does this project's approach bring something new to the story?
Does the Director have the access and post production plan necessary to complete their film?
Is the treatment well written and does it give a clear picture of the film's story and themes?
Is the Director and the production team assembled experienced and capable of completing the project as described?
Does the proposal identify an audience and a realistic plan for reaching and engaging that audience? Does the project have a reasonable chance of reaching its intended audience?
Does the proposal have a realistic finishing plan and strategy and a reasonable chance of completing the project as described?
Is the budget thorough and realistic? Are line items in the budget within industry norms and standards?
The Grantee Agrees:
To keep a record of all expenditures relating to the Grant and the film project (expense reports, receipts, invoices, etc.) Report due before January 31, 2022
To credit G. Hunt Rounsavall Jr as Executive Producer for projects with a total budget less than $25,000 and Associate Producer for any project with a total budget of $25,001 or greater
502 Film has the right (but not the obligation) to publicize and/or promote the production, at all stages of production and completion, as well as after completion, to publicize and/or promote the film and/or 502 Film's association with the film, in any and all media and by any and all means
502 Film shall be accorded a "thank you" credit and logo placement for end credits
To allow a 502 Film designated individual a post-production visit at a mutually agreeable time
Upon completion of the film, Grantee will provide 502 Film with a digital copy of the film
To immediately notify 502 Film in writing if there is any material change in the proposed film, including but not limited to, insufficient funds to complete the film, or any other event that will materially affect the production, distribution and/or exploitation of the film
The Grant will be used in such a way as to constitute a taxable expenditure described in section 4945 of the Code, including, but not limited to, supporting the carrying on of propaganda or otherwise attempting to influence legislation, or supporting the participation in, or intervention in (including the publication or distribution of statements), any political campaign on behalf of (or in opposition to) any candidate for public office.
Yes, you retain the copyrights to all intellectual property associated with your winning project
We will provide a check to you either on March 11, 2022 or at a mutually agreed upon time thereafter
502 Film defines an independent filmmaker as a content creator who both owns the copyright of his or her work and has artistic, budgetary, and editorial control of the project. Film, video or other media projects being produced for hire or under the direction of a third party, such as a broadcast entity, university, foundation or nonprofit organization where another entity besides the applicant will own or have substantial editorial or other control over the finished work, are ineligible
Shoot us an email at firstname.lastname@example.org