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Matching Grants to Colorado Nonprofits, Municipalities,
and Schools to Start an Investment Fund

Nonprofit Endowment Challenge

Agency Type:

Foundation / Corporation

Funding Source:

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Weld Community Foundation

Deadline Date:

01/15/22 11:59 PM

Description:

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Matching grants of up to $10,000 to Colorado nonprofit and faith-based organizations, municipalities, and schools in eligible locations to establish an investment fund. Preference will be given to organizations that will be establishing their first organizational investment fund, 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. Preference will also be given to organizations that have been in existence for a minimum of three years. Eligible organizations should predominantly serve residents of Weld County.

All endowment funds generated through the Nonprofit Endowment Challenge will be managed by the Weld Community Foundation and will be placed into a permanent, named fund for the organization.

The Review Committee will give special consideration for: 

  • 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
  • Nonprofits who focus on plans to grow the endowment fund once it has been established
  • Meaningful mission statement for the organization
  • The potential financial vitality and community impact of the organization
  • The content and feasibility of the proposal outlining how a minimum of $10,000 will be contributed by December 31, 2023
  • The ability, capacity, and leadership of the organization to meet the stated challenge objectives.
Organizations selected for the Nonprofit Endowment Challenge will be offered consulting services to help build competencies and strengthen the agency. Organizations selected will additionally receive publicity for their endowment campaign from the Community Foundation.

GrantWatch ID#:

GrantWatch ID#: 187169

Estimated Size of Grant:

The minimum amount to open an endowment fund at the Community Foundation is $20,000. Through the Endowment Challenge, a nonprofit invests $10,000 or more to create an endowment and the Foundation awards up to $10,000 in matching funds.

Term of Contract:

Each organization must contribute a minimum of $10,000 by December 31, 2023.

Additional Eligibility Criteria:

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.

Organizations may 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).

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: including, but not limited to, religious services, promotion of religious beliefs, or activities that are restricted to church or religious group membership

Pre-Application Information:

Timetable
Application deadline - January 15, 2022
Announcement of selection - End of February 2022
Twelve-month report due - February 2023
Deadline for match completion - December 31, 2023

All grant applications happen online unless otherwise noted and must be submitted by 11:59 PM on the date of the deadline. Late applications will not be considered.

Grants will open online four months prior to their deadline.

For details and directions on how to apply to an online grant and navigate the system, see Supporting Documents below.

Contact Information:

Before starting your grant application, please review the funding source's website listed below for updates/changes/addendums/conferences/LOIs.

Apply online: https://www.grantinterface.com/Process/Apply?urlkey=cfsgwc

For questions email info@weldcommunityfoundation.org.

Weld Community Foundation
2425 35th Avenue, Suite 201
Greeley, Colorado 80634
Phone: (970) 304-9970

URL for Full Text (RFP):

Geographic Focus:

USA: Colorado: Weld County

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