How much funding does Building Forward Fund provide?

Funding amounts vary. Check the grant details for specifics.

When is the deadline for Building Forward Fund?

This grant has a rolling deadline or the deadline has not been announced.

Building Forward Fund

COMMUNITY FOUNDATION OF THE VIRGIN

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Funding Amount

Varies

Deadline

Rolling / Open

Grant Type

foundation

Overview

Building Forward Fund

Geographic Scope: U.S. Virgin Islands

Overview:
The Building Forward Fund (BFF) is a donor-directed relief and recovery funding mechanism created by CFVI's Board of Directors in January 2019. The fund was designed to build on the Foundation's relief and recovery grant-making ($16 million) following the hurricanes of September 2017.

Purpose:

Support ongoing efforts to deepen and expand recovery from natural disasters

Build forward to a better community for all Virgin Islanders in the aftermath of storms

Provide immediate assistance in the event of future emergency needs in the USVI

History and Current Use:

Originally created post-Hurricane Maria (September 2017) recovery efforts

Repurposed to assist with COVID-19 Crisis Relief and Recovery beginning March 16, 2020

100% of all donations to the Building Forward Fund from March 16, 2020 onward have been dedicated to assisting with needs related to COVID-19 (until coronavirus needs are met, or funds are fully distributed)

Special Attention:

Supporting and protecting the Territory's most vulnerable populations

Assisting children and families

Helping those impacted by economic hardship

Fund Distribution:

Distributions determined by the Board of Directors of the Community Foundation

Any remaining funds after COVID-19 needs are met will be dedicated to recovery efforts for future disasters/crises in the Territory

CFVI has directed funding to nonprofits providing support to vulnerable citizens: children, seniors, homeless, and low-income families

Provides flexibility to help the community address emerging needs

Grantee Focus Areas to Date:

Nonprofit organizations providing support to vulnerable populations

Children's services and programs

Senior assistance programs

Homeless support services

Low-income family assistance

Alternative Funding Options:
CFVI encourages donors with a more defined area of focus or specific projects to consider:

Establishing a Donor-Advised Fund

Creating a Fiscal Sponsorship

Contact Information:

Email: general.info@cfvi.net

Address: PO Box 380, St. Thomas, USVI 00804

Phone: 340-774-6031

Fax: 340-774-3852

Contribution Methods:

Online donation via PayPal

Wire transfers (for larger donations)

Checks (for larger donations)

Recognition:

CFVI is recognized among donors, nonprofit organizations, and the public as a thought leader for responsible fiscal and administrative excellence

Demonstrates track record of administering significant grants to organizations and nonprofits that enhance the educational, physical, social, cultural, and environmental welfare of the USVI

How to Apply

Application Process

This is a donor-directed fund, not a grant program. The process is for donors to contribute to the fund:

For Donors:

1. Online Donation:
- Click DONATE NOW button on the website
- Use secure PayPal checkout
- Enter name of the fund (Building Forward Fund) on checkout page

2. Larger Donations:
- Wire transfer
- Check by mail
- Contact CFVI for wire transfer or check payment instructions

For Nonprofits Seeking Grants:

The Building Forward Fund does not accept unsolicited applications. Instead:

1. Submit Grant Interest Form:
- Complete the Grant Interest Form on cfvi.net
- Provide brief summary of the project/program/need for which you would seek funding if invited to apply
- Email to: general.info@cfvi.net

2. Await Invitation:
- CFVI conducts ongoing outreach to understand community needs
- May invite specific organizations to apply based on community assessment
- No guarantee of invitation or funding

Note: Organizations are encouraged to contact general.info@cfvi.net to discuss:

Establishing a Donor-Advised Fund

Creating a Fiscal Sponsorship

Other funding mechanisms more suited to defined focus areas or specific projects

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