Deadline: 15-Sep-21
Applications are now open for the Korean American Community Foundation Grant Program to strengthen the economic security of low-income Korean Americans in the greater New York metropolitan area.
The Foundation prioritizes organizations that are working with Korean Americans as a target population or within the larger group of constituents served by the program.
Grant Priorities
KACF is particularly interested in organizations that:
- Are working with Korean Americans either as a target population or within the larger group of constituents served by the organization/program.
- Are engaging in partnerships with other community organizations and stakeholders;
- Have the intention of providing comprehensive support to constituents;
- Are measuring and documenting quantitative and qualitative outcomes; and
- Can clearly articulate how KACF’s grant will advance their work.
Funding Information
KACF grants are for a one-year period.
- Grantee partner organizations must re-apply each year up to a maximum of 3 consecutive years and then take a one-year mandatory “break”. Grantee partners are eligible to apply the following year.
- No organization will receive more than one Community Grant from KACF in any one grantmaking year.
- The maximum grant amount is $100,000.
- KACF provides general operating and program-specific support. An organization with a budget of $2 million or less may request general operating or program-specific support.
- The Foundation awards Community Grants once a year.
Eligibility Criteria
KACF will only consider organizations that:
- Are a registered 501(c)3 nonprofit organization or have a fiscal sponsor that is 501(c)3;
- Are located within the greater New York Metropolitan area (CSMA as defined by the U.S. Government);
- Have an operational history of at least 6 months;
- Have an established and working Board of Directors; and
- Have filed IRS Form 990 and/or audited financials.
For more information, visit https://kacfny.org/grants/