In response to the economic crisis and the impact it is having on front-line human service organizations, the Kresge Foundation has established a 24- to 36-month, interest-free program-related investment fund offering bridge loans of $250,000 to $500,000 each to high-performance human service organizations so that they may be better able to meet ever-increasing demand for food, shelter, and other emergency services. Homeless and domestic-violence shelters, safety-net providers, affordable housing and supportive services, legal aid services, emergency assistance providers, and multi-service health and human service organizations are encouraged to apply.
The fund is designed for applicant organizations that provide comprehensive front-line services, have been in operation for three years, have a solid base of net assets or net worth (or long-term history of recurring revenue), can provide evidence of stable operating performance (net operating surplus over the past three to five years), and possess audited financial statements for the past two years.
Applicants must be 501(c)(3) organizations based in the United States that are not classified as private foundations or government entities. Individuals and elementary and secondary schools are not eligible for this program.
Sunday, February 14, 2010
Bank of America Neighborhood Builders grants
[Philanthropy News Digest] The Bank of America Charitable Foundation Neighborhood Excellence Initiative is designed to recognize, nurture, and reward community organizations, local heroes, and student leaders who are helping their neighborhoods achieve excellence. The program makes grants and awards in forty-four U.S. markets and in London, United Kingdom.
The Neighborhood Excellence Initiative is accepting applications/nominations for the following programs:
Neighborhood Builders: Provides $200,000 in core operating support and leadership training over two years to two nonprofit organizations working in each eligible community to promote vibrant neighborhoods. Any 501(c)(3) nonprofit organization operating in an applicable Bank of America community is eligible for a grant under the foundation's guidelines. (Applicants must be registered with the Charity Commission for England and Wales for the London market.) The program seeks organizations whose focus closely reflects local neighborhood priorities. Applicants should demonstrate how they have impacted their community and how grant funding and leadership development opportunities will help their organization further its work in the community.
Local Heroes: Recognizes and honors five heroes per year in each of the selected communities whose achievements and leadership on local issues contribute significantly to neighborhood vitality. Successful nominations will demonstrate how a nominee has made a special and significant impact on individuals, families, or the community at large; inspired others to community service; or been a catalyst for new visions, understanding, and change in a community. Recipients will each be able to direct a $5,000 contribution to an eligible nonprofit. Self-nominations are accepted.
Visit the Bank of America Web site for complete guidelines and list of eligible markets.
The Neighborhood Excellence Initiative is accepting applications/nominations for the following programs:
Neighborhood Builders: Provides $200,000 in core operating support and leadership training over two years to two nonprofit organizations working in each eligible community to promote vibrant neighborhoods. Any 501(c)(3) nonprofit organization operating in an applicable Bank of America community is eligible for a grant under the foundation's guidelines. (Applicants must be registered with the Charity Commission for England and Wales for the London market.) The program seeks organizations whose focus closely reflects local neighborhood priorities. Applicants should demonstrate how they have impacted their community and how grant funding and leadership development opportunities will help their organization further its work in the community.
Local Heroes: Recognizes and honors five heroes per year in each of the selected communities whose achievements and leadership on local issues contribute significantly to neighborhood vitality. Successful nominations will demonstrate how a nominee has made a special and significant impact on individuals, families, or the community at large; inspired others to community service; or been a catalyst for new visions, understanding, and change in a community. Recipients will each be able to direct a $5,000 contribution to an eligible nonprofit. Self-nominations are accepted.
Visit the Bank of America Web site for complete guidelines and list of eligible markets.
Sunday, February 7, 2010
Target launches million dollar giving program
[From Philanthropy News Digest] Piggybacking on Valentine's Day and Super Bowl XLIV, the Minneapolis-based Target Corporation has announced a $1 million giving campaign through the social networking site Facebook to fund educational programming.
Through the campaign, Super Love Sender, which runs from January 31 through February 14, Target's more than 725,000 fans on Facebook will decide how $1 million in prize money is allocated among five national charities: the Kids in Need Foundation, St. Jude Children's Research Hospital, the Salvation Army, the United Through Reading Military Program, and the United Way. Each football-inspired e-card sent via Facebook in support of one of the charities will count as a vote. Participants can send up to ten video cards per computer a day, and the total percentage of votes will determine the portion of the $1 million prize each charity receives.
Through the campaign, Super Love Sender, which runs from January 31 through February 14, Target's more than 725,000 fans on Facebook will decide how $1 million in prize money is allocated among five national charities: the Kids in Need Foundation, St. Jude Children's Research Hospital, the Salvation Army, the United Through Reading Military Program, and the United Way. Each football-inspired e-card sent via Facebook in support of one of the charities will count as a vote. Participants can send up to ten video cards per computer a day, and the total percentage of votes will determine the portion of the $1 million prize each charity receives.
Wednesday, February 3, 2010
PANO nonprofit fundraising workshop
The Nonprofit Resource Network at Millersville University will host a workshop for board and staff of nonprofits that need to increase their fundraising results on Feb 17, 2010 9:00 am-12:00 pm in Harrisburg. Does your organization need to increase its fundraising results? Is your board unaware of, uninterested in, or not sure how to implement their fundraising role? This workshop is for board members and staff of nonprofit organizations to come together and work as a group on how to improve their fundraising results.
Learning Objectives:
· List the things for which our organizations needs to raise money
· List the people who need to be involved in our fundraising program
· Develop a strategy to examine the ways we are currently doing fundraising and the new methods we would like to initiate
· Develop a plan to implement our fundraising strategy
Learning Objectives:
· List the things for which our organizations needs to raise money
· List the people who need to be involved in our fundraising program
· Develop a strategy to examine the ways we are currently doing fundraising and the new methods we would like to initiate
· Develop a plan to implement our fundraising strategy
Tax relief for nonprofits proposed
[Chronicle of Philanthropy] President Obama plans to announce on Friday a proposal to help small employers-including nonprofit groups-hire workers and raise wages. The plan, part of a broader White House effort to bring down soaring unemployment, would give companies or charities a $5,000 federal tax credit for every net new employee they add in 2010 and reimburse them for any taxes they owe to Social Security because they have a bigger payroll.
Nonprofit groups, which are exempt from income tax, would qualify because the credits will be applied to federal payroll taxes that employers pay on behalf of their employees, a senior administration official told reporters. The official said the White House expects more than one million businesses to take advantage of the credits, for an estimated cost of $33-billion. President Obama favors using projected savings in the Troubled Asset Relief Program-the bank bailout program, which will not cost as much as expected-to pay for the effort, he said.
Nonprofit groups, which are exempt from income tax, would qualify because the credits will be applied to federal payroll taxes that employers pay on behalf of their employees, a senior administration official told reporters. The official said the White House expects more than one million businesses to take advantage of the credits, for an estimated cost of $33-billion. President Obama favors using projected savings in the Troubled Asset Relief Program-the bank bailout program, which will not cost as much as expected-to pay for the effort, he said.
Monday, February 1, 2010
Foundation transparency project
[From Philanthropy News Digets] The New York City-based Foundation Center has announced the launch of Glasspockets.org, a Web site designed to promote and facilitate greater openness and transparency among private foundations.
Developed in partnership with the Center for Effective Philanthropy, the Communications Network, the Global Philanthropy Forum, Grantmakers for Effective Organizations, and the One World Trust in London, Glasspockets is designed to encourage foundations to share stories of their successes and failures — in part by highlighting the exemplary efforts of their peers. The site offers essential facts about all 97,000 U.S. foundations, illustrations of philanthropy's impact on important issues, and information about the ways in which foundations are striving to become more transparent. The site also features a real-time foundation Twitter feed; a Transparency 2.0 section that showcases the growing number of foundations using social media; and a Who Has Glass Pockets? section that offers at-a-glance profiles of foundations' online communication practices according to information they make public regarding their governance, fina
Developed in partnership with the Center for Effective Philanthropy, the Communications Network, the Global Philanthropy Forum, Grantmakers for Effective Organizations, and the One World Trust in London, Glasspockets is designed to encourage foundations to share stories of their successes and failures — in part by highlighting the exemplary efforts of their peers. The site offers essential facts about all 97,000 U.S. foundations, illustrations of philanthropy's impact on important issues, and information about the ways in which foundations are striving to become more transparent. The site also features a real-time foundation Twitter feed; a Transparency 2.0 section that showcases the growing number of foundations using social media; and a Who Has Glass Pockets? section that offers at-a-glance profiles of foundations' online communication practices according to information they make public regarding their governance, fina
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A nonprofit 501(c)3 organization, the RCWE’s mission is to connect people with jobs through collaborative workforce development efforts and strong partnerships with economic development, business, education, and government sectors in the Northwest Pennsylvania region.