Funding Amount

Varies

Deadline

Rolling / Open

Grant Type

foundation

Overview

Excellerator Fund

Overview: A community-driven grantmaking initiative that promotes equitable social and economic recovery in Chicago's Black and Mexican communities.

Program Details:

  • Duration: 5-year initiative

  • Joint Venture: Greater Auburn Gresham Development Corporation and Latinos Progresando

  • Funding Goal: $10 million over five years

  • Current Status: $4 million secured and invested in 86 organizations as of 2026

  • Geographic Scope: Chicago's Black and Mexican communities, specifically Auburn Gresham and Little Village neighborhoods
  • Key Focus Areas:

  • Support for Black and Mexican-led organizations

  • Community-based leadership development

  • Cross-community collaboration and unity

  • Social and economic equity

  • Nonprofit sustainability
  • Eligibility:

  • Black and Mexican-led organizations

  • Note: 75% of current grantees have budgets under $500,000
  • Program Components:

  • Grant making

  • Convenings (for continuous learning, relationship building, and feedback gathering)

  • Capacity building
  • Partners: Healthy Communities Foundation, MacArthur Foundation, Polk Bros. Foundation, Crown Family Philanthropies, Discover, Shine Bright Community Center, and Builders Initiative

    Contact Information:

  • Contact: Yerendi Cintron

  • Email: excelleratorfund@gagdc.org

  • Website: www.excelleratorfund.org

  • Additional Contact: Haya Muhammad, Program Manager, Greater Auburn Gresham Development Corporation
  • Background Context: The initiative was launched to address the significant philanthropic funding gaps affecting Black and Latino communities in Chicago (Black communities receive >2% of philanthropic investments; Latino communities receive ~1%; assets in Black & Latino organizations are 76% less than White-led organizations).

    How to Apply

    Application Process

    Grant Cycles: Two grant cycles per year

  • Spring cycle

  • Fall cycle
  • How to Apply:
    1. Contact Yerendi Cintron or email excelleratorfund@gagdc.org to express interest
    2. Organizations will receive information about the current grant cycle deadlines and requirements
    3. Additional information and detailed application instructions available at www.excelleratorfund.org

    Note: Specific application materials, narrative questions, and submission formats are not detailed on this page; applicants should contact the program directly or visit the Excellerator Fund website for complete application requirements.

    Focus Areas & Funding Uses

    Fields of Work

    nonprofitsblack-owned-businesseshispanicbipoccommunity-developmentdiversity

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