Please complete the following application by June 18th, 2024 (12:00pm EST) to be considered for a one (1) year grant of up to $50,000 from Capital Impact Partners and National Cooperative Bank. This grant initiative will fund organizations that are utilizing the cooperative model to develop innovative programs or strategies in communities of color and/or communities that experience systemic disinvestment. We want to amplify innovative models that can be replicated locally, regionally or nationally. The award is intended to support early-stage projects and provide catalytic capital that will attract other funders. It is important that projects are led or informed by the community and culturally relevant. Funding is awarded for specific projects in communities of color and/or historically marginalized communities and not for general operating funds for the organization.
The uses of funding include, but are not limited to:
- Financial projections
- Project scope and design
- Feasibility analysis
- Operational and staff costs
- Training development
- Leadership and professional development
- Conferences and meeting
- Tools and technologies
- Outreach and marketing
- Contractors or consultants
The top applicants will be asked to provide additional documentation to the review committee within 21 days of notification including:
- W-9 dated within the last 12 months
- Articles of Incorporation, Articles of Organization, or similar formation documentation appropriate to entity type
- Bylaws, Operating Agreement, or similar governing documentation appropriate to entity type
- 501(c)(3) Determination Letter (if applicable)
- Most recent financial statement (audited if available)
- List of current funders
For more information, you are invited to attend one of the following webinars:
Register in advance for this webinar:
June 6th 1:00pm-2:00pm EST
https://momentuscap-org.zoom.us/webinar/register/WN_ni4S_dseSr6XZujkQM2AuQ
Register in advance for this webinar:
June 12th 2:00pm-3:00pm EST
https://momentuscap-org.zoom.us/webinar/register/WN_yj2ZaTL0RqSqMV97rxCY9A
Final determination of awardees and grant amounts will be made by August 31st, 2024. Inquires may be directed to apowers@capitalimpact.org.
Please fill out the following Letter of Interest (LOI) to determine your eligibility to be considered for a one (1) year grant from Capital Impact Partners and The Workers Lab. This grant initiative aims to increase co-op development in low-income communities and/or communities of color. Priority will be given to community-driven co-op development initiatives focused on quality jobs, wealth creation, and asset building. LOIs will be accepted until February 1, 2019. Eligible organizations will be selected from respondants and invited to apply for Co-op Innovationgrants of up to $50,000 by February 28, 2019.