Resource Development Alert!
Apply for NALCAB Asset Building Grants by midnight PST, October 7, 2011
With generous support from Sam's Club, the Open Society Foundation and the Northwest Area Foundation, NALCAB is providing subgrants ranging from $5,000-$20,000 to organizations meeting requirements outlined in the request for proposal (RFP).
Grants are for a 12 month period beginning on or about November 1, 2011. With a single application, organizations may apply for funding from one or more of the three pools of funds that are available, based on their specific eligibility requirement.
Eligible groups are asset building nonprofit organizations located in the Northwest, Midwest, Southeast, and organizations providing entrepreneurship and small business development throughout the nation. Specific geographic or program priority is detailed in the RFP.
NALCAB seeks organizations that are building capacity in one or more of the following areas:
- Real estate development for low-income people and communities including affordable housing and community facilities
- Micro/Small Business Development
- Providing family wealth building products and services (including financial education)
The objective of these sub-grants is to strengthen the organizational capacity of participating entities to measurably advance existing asset building projects. In addition to grant funding, NALCAB will provide grantees with technical assistance in program/ project development and with leveraging other sources of funding for the identified project or program.
Application Deadline
Applications should be received no later than midnight PST on October 7, 2011 and may be submitted via email to Carol Rodriguez, Senior Program Manager at crodriguez@nalcab.org or U.S Postal Service.
