Deadline: 18-Mar-22
The Initiative Foundation is pleased to announce the Transformative Funding for Nonprofits, a new grant cycle supported by the Otto Bremer Trust to help nonprofits transform their organizations and the support they provide to underserved communities in Central Minnesota.
The goal is to fund high-impact strategies for regional nonprofits affected by the COVID-19 pandemic. Grants will go to organizations that articulate a clear vision and a plan to increase their impact, efficiency, financial sustainability or scope of services.
A top priority of the funding partner supporting this opportunity is to support organizations led by and/or serving communities that are majority Black, Indigenous and people of color (BIPOC). About half of the funds will be awarded in rural areas where underserved populations are less likely to have BIPOC concentrations and are more likely to represent other underserved groups.
The Initiative Foundation supports a 14-county service area that includes Benton, Cass, Chisago, Crow Wing, Isanti, Kanabec, Mille Lacs, Morrison, Pine, Sherburne, Stearns, Todd, Wadena and Wright counties and the sovereign tribal nations of the Leech Lake and Mille Lacs Bands of Ojibwe.
Funding Information
The Initiative Foundation will be awarding multiple grants for a total disbursement of up to $700,000 during this initial round.
Criteria
They hope your organization is creative and aims for true transformation with this application. However, there are a few areas they won’t fund under this program:
- Grants or reimbursements to individuals or businesses. (Only registered 501(c)(3)organizations are eligible.)
- Expenses incurred prior to the receipt of a grant award.
- Programs or projects that DO NOT directly benefit residents of the 14-county servicearea.
- Replacement of or substitution for government funding.
- Religious activities.
- Lobbying or campaigning for a candidate, issue or referendum vote.
- Development or purchase of school curriculum or support for school athletic programs.
- Out-of-state travel.
- General operations for current work: this program is intended to help you transform your organization, not to temporarily supplement the budget.
- Fiscally hosted entities are ineligible.
For more information, visit Initiative Foundation.
For more information, visit https://www.ifound.org/news-events/transformative-funding-nonprofits-announced/