A significant new round of grants valued at $1 million is currently open for charities seeking an impetus to launching a new innovation in their charity programming. For the month of July, our MyGrants application module is receiving LOIs from eligible organizations. A group of five private grantmakers are working together to advance this round of grants; more may be added.
Eligibility criteria is the following:
- Organization must be a Canadian Christian charity with a minimum of $1m in revenue last year.
- Project seeks to take risks in embarking on an expansion of service to previously unmet need, launching a new program previously untried, or creating an innovative structure which will assist the charity to creatively achieve its ongoing mission.
- Maximum request size can be up to 5% of last year’s annual revenue, up to $100,000.
- Willingness to provide audited financial statements for the previous two years.
- Do not have an “open” grant with Stronger Philanthropy or have received a grant in 2015. A grant is considered “open” if any requirements from previous grants, including all final and/or follow-up reports, have not yet been met.
- Charities must ensure they have both healthy finances and healthy leadership. Our due diligence process will examine these areas in particular.
Examples of past successful grants include:
- A cbm Canada project to develop a business model for 3D printing of prosthetic limbs for children in Uganda, with potential expansion to other developing world clinics and hospitals. (Read more about how this grant was leveraged 32 times.)
- A Cardus project to launch Faith in Canada 150, a multi-faith celebration of the positive role of religion in Canadian life for our national sesquicentennial.
- A Christians Against Poverty project to expand debt counselling centres to three new GTA churches to benefit those exiting debt-laden lifestyles.
More examples are noted here.
A limited number of meeting times are available on July 12 for any individuals seeking specific input on their application. Contact us using this form, or email our office with any questions you may have.
The LOI window will close at midnight on July 31. Organizations will be contacted thereafter, and shortlisted LOIs will be requested to complete a full application and set a time for a site visit this fall. Not all shortlisted applications will receive grants; funding will be awarded in late 2016.