Archstone Foundation has developed two new funding opportunities. One opportunity will focus on capacity building, the other on innovations.
Two awards, up to $50,000 each, will be made this round to California nonprofits directly serving adults 65 and older, with a preference for geographic diversity and population diversity.
- Amount: Up to $50,000
- Duration: Up to one year
- California, with a preference for geographic diversity and population diversity
Funding Opportunity #1: Capacity Building
Capacity building grants seek to assist nonprofits in achieving new levels of effectiveness. Our purpose is to strengthen the leadership and management of nonprofit organizations directly serving older adults by helping them build systems and find resources to facilitate the organization’s progress in achieving the goals. Financial and operational sustainability is key to being considered. Organizations may be asked to complete an organizational self-assessment to determine the value of a capacity building effort. Examples of capacity building activities may include, but not be limited to the following:
- Planning activities: e.g., organizational assessments, strategic planning, fundraising assessment and development, communications/marketing, disaster planning, COVID response, or business planning.
- Board and leadership development: may include activities such as leadership training, defining the role of the board, strengthening governance, assistance with executive transition, succession, expanding the diversity of the Board and leadership, and search process.
- Strategic Relationships: technical assistance/consultant support to help two or more organizations work through collaboration and strategic restructuring; positioning for merger or affiliation; or business planning for social enterprise and earned income.
- Internal operations: improvements to financial management, internal controls and chart of accounts, human resource or volunteer management; onboarding new staff, training and technical assistance on quality improvement, or facility planning.
- Technology Improvements: IT capacity through upgrades to hardware and software, cyber security, networking, websites, and staff training to optimize the use of technology.
- Developing new sources for earned income: business planning, contracting, and startup costs for a new program, legal services, accounting, or actuarial services.
- Building evaluation capacity: Consultants may be utilized to develop evaluation plans and train staff on outcome evaluations.
Funding Opportunity #2: Innovations
Innovations grants will enable a nonprofit to explore a new evidence-based program or service line, reaching out to a new underserved population, or substantially modify existing services. The grants are intended to provide the startup funds for this new effort. Innovation grant requests should include a description of the available evidence for the innovation. If the request is for reaching out to a new population, a rationale should be given on why it would be worth extending to a new population.
- Organizations directly serving adults 65 and older.
For more information, visit https://archstone.org/what-we-fund/funding-strategies/requests-for-proposals/