Tuesday, March 19, 2024

Grant Opportunity: Racial, economic, and environmental justice. Deadline: April 30, 2024

Nathan Cummings Foundation invites applications for racial, economic, and environmental justice

The Nathan Cummings Foundation is a multigenerational family foundation, rooted in the Jewish tradition of social justice, working to help create a more just, vibrant, sustainable, and democratic society.

The foundation invites proposals for grants and program-related investments (PRIs) aligned with the foundation’s interconnected goals of racial justice, economic justice, and/or environmental justice (REEJ). The foundation has an approximately $17 million grantmaking budget for 2024 and will offer three new types of grants:

Venture Grants: Short-term and designed to provide expedited support to social entrepreneurs with breakthrough and innovative solutions. Grants of up to $100,000 will be awarded.

Advancement Grants: Designed to provide two-year support to project-based work and/or help scale organizations and promising solutions. Grants of up to $250,000 will be awarded. 

Enterprise Grants: Designed to provide multi-year, unrestricted funding to partners that have deep alignment across REEJ focus areas and offer the most opportunity to use all financial and nonfinancial resources to support their solutions. Grants of $250,000 and higher will be awarded. 

The PRI initiative is backed by the board’s recent decision to dedicate 5 percent ($22 million) of the foundation’s endowment in the coming years to provide low-interest loans and other forms of low-cost financing to organizations focused on REEJ. The foundation’s budget for the initiative’s first year is targeted at approximately $3 million.

The foundation supports organizations based in the United States and U.S. Territories, and is particularly interested in work focused on the U.S. South.

For complete program guidelines, application instructions, an FAQ, and a list of previously supported partners, see the Nathan Cummings Foundation website.

No comments:

Post a Comment

RECOMMENDED READING LIST

Search This Blog

ARCHIVE List 2011 - Present