DESCRIPTION

A community partnership has been established to fund a three-year, $500,000 transformational grant called Accelerating Change Together (ACT). The grant aims to invest in the Hampton Roads nonprofit community, build upon education, and develop a skilled workforce that benefits the nation.

The ACT Grant will be dedicated to the shared philanthropic focus of Education & Workforce Development.

The 2024 grant will be awarded to an eligible local nonprofit, section 501(c)(3) of the Internal Revenue Code, headquartered within the Greater Hampton Roads, Virginia geographic footprint.

The ACT Grant will be awarded under this program in 2024 based on a competitive application process. Subject to the Contributions Committee annual review of the nonprofit's demonstrated effectiveness of the application submission, the recipient will receive a step-down grant in the following yearly payments.

• Year 1: $250,000
• Year 2: $175,000
• Year 3: $75,000

NUMBER OF AWARDS

One (three-year step-down grant)

AWARD AMOUNT
Year 1: $250,000
Year 2: $175,000
Year 3: $75,000

TOTAL AMOUNT AWARDED
$500,000

OVERVIEW

The proposal should demonstrate that your nonprofit understands the Education & Workforce Development needs and gaps in services for the Greater Hampton Roads community. After reading your application, the Contributions Committee should feel confident that your organization would be a responsible steward of its funds.

The ACT Grant funds are intended to support a proposal for a new Education & Workforce Development project unrelated to your nonprofit's current funding and budget. Therefore, the application must clearly define objectives and demonstrate how the specified funding will be used.

The ACT Grant funds are not intended to support:

• The maintenance of established or existing programs.
• Indirect costs of staff salaries, training, utilities, rent, or outreach, such as marketing, advertising, or public relations.

However, if proposing work to support an established program or project, your nonprofit must direct the ACT Grant funds toward expanding the Education & Workforce Development effort in some new way. Examples include developing a unique component to be adapted/tested or changing the strategy to reach a new and different target population.

Just as the ACT Grant partners are working collaboratively to implement this program, we hope we inspire like-minded nonprofits to work together to strengthen the communities where we all live and work.