Applications due January 12.
The Community Foundation of Bloomington and Monroe County (CFBMC) is pleased to announce a matching and capacity building grant opportunity for local nonprofits interested in starting a new endowed fund at the Community Foundation or growing an existing one. These grants are designed to support Monroe County nonprofits by growing endowment funds to ensure their essential work continues today and in the future. This grant initiative will also allow agencies to invest in their sustainability while benefiting from an outright capacity building grant.
“Over the last few years, our nonprofit sector has shown incredible resilience and an unwavering commitment to creating a better place for individuals and families to thrive,” said President and CEO Tina Peterson. “On behalf of the Community Foundation’s Board of Directors, we are proud to launch this grant initiative to support our dedicated local nonprofit organizations with capacity building grants to address immediate needs while also providing them with matching endowment funds to maximize their impact for the future.”
Program Details:
- Agencies may apply to receive between $20,000 and $50,000 in matching funds (fundraising goals between $20,000 and $50,000).
- Agencies that achieve their endowment fundraising goals will receive $1 in endowment match funding for each $1 raised.
- Agencies will have until June 30, 2025, to meet fundraising goals.
- As part of the matching grant program, accepted agencies will also receive a $10,000 capacity building grant.
- Monroe County nonprofits must apply by January 12, 2024. Accepted agencies will be notified by January 31.
- An informational Zoom meeting will be held on Monday, December 11, at 10 a.m.
To view grant guidelines, FAQs, and application, visit https://cfbmc.org/agency-matching-grants-2023/
To register for the December 11 Zoom meeting, visit: https://us02web.zoom.us/meeting/register/tZIud-2rqTMuE9H-aSAtyKNMfm5p5KPwm0l7#/registration
Have questions? Contact Marcus Whited, Program Director, at (812) 333-9016 or [email protected] to discuss details and eligibility.
About Community Foundation of Bloomington and Monroe County: Created by individuals, families, and businesses who share a passion for Monroe County and a vision for its future, the Community Foundation of Bloomington and Monroe County has granted $30 million to more than 400 local nonprofit organizations since its incorporation in 1990. With a growing $44 million endowment, the Foundation makes a difference by connecting caring people, important causes, and community resources.