Deadline: 15-Mar-22
The Gates Family Foundation is seeking applications for Capital Grants Program to support projects that benefit Colorado and its residents.
Their capital grants are generally limited to comprehensive capital campaigns, which are typically for building purchases, construction, expansion, renovation, and/or land acquisition.
Categories
They fund capital projects within five categories that overlap somewhat with the Foundation’s strategic priorities, but are broader in scope in order to be more responsive to community needs:
- Arts and Culture: Artistic expression arouses the imagination, stimulates creativity, and prompts self-discovery. Organizations dedicated to art and culture enrich the spirit and enhance economic vitality.
- Cummunity Development: Colorado’s economic health is dependent on the vitality of all of the state’s communities — large and small, urban and rural.
- Education: Closing the achievement gap for children from low-income families and increasing access to experiential, life-long learning for all Coloradans enhances the economic, social and civic life of the communities.
- Park and Recreation: Appreciation and conservation of Colorado’s natural beauty, resources, and opportunities for outdoor recreation are fundamental to the quality of life and the economy of the state.
- Well – Being of Children, youth, and families: Healthy individuals have greater opportunities to be productive members of society who contribute to the economic, social and cultural life of their communities.
Projects Priorities
When making funding decisions, they prioritize:
- Projects that address root problems with substantive solutions
- Projects with strong evidence of support from the community and the organization’s board
- Projects in rural communities that face greater challenges in accessing funds for capital projects
- Projects that reinforce the foundation’s strategic priorities in K-12 public education, natural resources, and community development
- Projects that incorporate green building and sustainable development practices
Eligibility Criteria
- Only nonprofit organizations with capital projects that benefit Colorado and its residents are qualified to apply.
- To be eligible for a capital grant from the Gates Family Foundation, applicants must:
- Be classified by the Internal Revenue Service as tax-exempt under section 501(c)(3) of the Internal Revenue Code (the “Code”), classified as a public charity under section 509(a)(1) or 509(a)(2) of the Code, and be able to provide documentation of tax-exempt status issued within the last five years.
- In limited circumstances, the Foundation also considers grant requests from governmental entities.
- Provide services benefiting the state of Colorado and its citizens.
- Have commitments for approximately 30% of the funds needed to complete the project in place prior to submission, unless a waiver of this requirement has been granted.
For more information, visit https://gatesfamilyfoundation.org/types-of-support/capital-grants/