Deadline: 15-Jan-2025
The Weld Community Foundation is seeking applications for its Nonprofit Endowment Challenge to inspire Weld County non-profit organizations to secure their future by establishing or adding to an existing endowment fund.
Funding Information
- The Community Foundation will provide a match of $10,000 for each selected organization.
- The minimum amount to open an endowment fund at the Community Foundation is $20,000, including the Foundation match or the Foundation match, which can be an additional $10,000 for any amount above $10,000 that the agency invests.
Eligible Expenses
- Weld Community Foundation provides charitable funding to:
- Nonprofits classified by the IRS as 501(c)(3) organizations
- Other eligible tax exempt entities (such as municipalities, schools and faith-based organizations)
- Non-exempt groups with a fiscal sponsor that is a 501(c)(3) organization, public school, or public agency
- Organizations should also predominantly serve residents of Weld County, Colorado
Ineligible Expenses
- Weld Community Foundation does not fund:
- Expenses already incurred, deficit funding, debt retirement or funding to obligated commitments
- Political campaigns
- Lobbying in the form of calls to action on a specific vote
- Religious activities: The Weld Community Foundation does not fund charitable activities that promote a religion or require participation in a religious activity as a condition for receiving services. However, grants may be made to faith-based organizations for non-religious purposes.
Eligibility Criteria
- The Challenge is open to:
- Nonprofit [501(c)(3)] organizations in Weld County. Preference will be given to organizations which have been in existence for a minimum of three years.
- Preference will also be given to organizations who wish to establish their first organizational endowment, but the match is also open to those who have an existing endowment under the Community Foundation’s management and who wish to further build their fund.
Evaluation Criteria
- The primary evaluation criteria to be used by the review committee will focus on how the organization plans to grow the endowment fund once it has been established. Special consideration will be given to the following:
- Incorporation of endowment building strategies into the overall development efforts of the organization;
- Involvement and demonstrated leadership of Board members in endowment fundraising;
- Marketing plans that incorporate endowment building and planned giving;
- Organizational stability and track record in raising various types of funds.
Application Requirements
- Submit only one application per grant program, though organizations may submit an application to more than one grant program (even those that share the same deadline).
- All competitive grant program awardees are required to submit a Final Report. If your organization has failed to submit one, it will not be eligible for further funding until the missing report is filed.
For more information, visit Weld Community Foundation.