Nasdaq Quarterly Grant Program
Funding Amount
Not stated
Deadline
Deadline not published
Grant Type
Foundation
Can we apply?
Check your organization against each line. Taken from the listing; confirm with the funder's guidelines.
Required status
- 501(c)(3) tax-exempt status
- Tax-exempt status
Other requirements
- _You can learn more about this opportunity by visiting the funder's [website](https://www.nasdaq.com/nasdaq-foundation/grant-program)._
- The Nasdaq Foundation will accept grant requests from
Not eligible / not funded
- Not eligible: Financial literacy projects which focus exclusively on K-12 education
- Not eligible: Entities specifically ineligible for Foundation support include
- Not eligible: “For profit” businesses – generally, entities not designated as tax-exempt according to §501(c)(3) of the Internal Revenue Service code
- Not eligible: Entities and individuals designated as “disqualified persons” as defined in §4946 of the Internal Revenue Service code
- Not eligible: Former grant recipients who did not fulfill the terms of a previous grant from the Nasdaq Foundation or another tax-exempt entity
- Not eligible: Organizations that present a potential conflict of interest with Nasdaq, Inc., Nasdaq Philanthropic Foundation, Inc. or any of their officers or directors
Overview
Quarterly Grant Program
As we strive to accelerate progress in diversifying entrepreneurship and empowering a more diverse group of investors, the Nasdaq Foundation will accept grant requests for programs that align with our mission.
Areas of Focus
- Programs designed to empower diverse investors with the financial knowledge and confidence they need to share in the wealth that markets can create.
- Programs designed to support women and under-represented minority communities with the resources needed to grow and sustain their businesses.
Empower-Financial Knowledge And Confidence
Empower diverse investors with the financial knowledge and confidence they need to share in the wealth that markets can create.
Grants will be given in this area to organizations and programs which deliver impact in one or more of the following ways:
- Enhance financial literacy among women and under-represented communities
- Improve access to knowledge and tools among women and underrepresented communities
Support diverse entrepreneurs with the resources to strengthen and scale their businesses and contribute to the prosperity of society.
Grants will be given in this area to organizations and programs which deliver impact in one or more of the following ways:
- Equip women and diverse founders with mentoring and resources
- Improve access to capital for women and diverse founders
Amounts and Terms
There is no set minimum or maximum grant amount, though the average size of a grant made by the Foundation is $75,000. The Nasdaq Foundation’s Leadership Team will consider whether the amount requested is commensurate with the project proposed and appropriate for the Nasdaq Foundation’s annual grant making target and charitable purposes.
Reasonable overhead costs may be included in the grant request but must be specified.
Unless otherwise specified and agreed upon, all grants have one-year terms. Under very limited circumstances, the Nasdaq Foundation will make a multiple-year commitment. It is incumbent upon the grant seeker to demonstrate the necessity or benefit of multiple-year funding in the grant proposal.
There is no limit as to the number of proposals a single entity may submit at one time.
Eligibility
_You can learn more about this opportunity by visiting the funder's website._
- The Nasdaq Foundation will accept grant requests from:
- Organizations designated as tax-exempt according to §501(c)(3) of the Internal Revenue Service code.
- A for-profit business or consultant acting on behalf of a qualified tax-exempt entity.
- Please note that if the grant is awarded, a representative of the tax-exempt entity must sign the grant agreement and the grant will be paid to the tax-exempt entity.
Ineligibility
- The Nasdaq Foundation generally does not fund financial literacy projects which focus exclusively on K-12 education.
- Entities specifically ineligible for Foundation support include:
- “For profit” businesses – generally, entities not designated as tax-exempt according to §501(c)(3) of the Internal Revenue Service code.
- Entities and individuals designated as “disqualified persons” as defined in §4946 of the Internal Revenue Service code.
- Former grant recipients who did not fulfill the terms of a previous grant from the Nasdaq Foundation or another tax-exempt entity.
- Organizations that present a potential conflict of interest with Nasdaq, Inc., Nasdaq Philanthropic Foundation, Inc. or any of their officers or directors.
What Nasdaq Educational Foundation Inc actually gave
Source: IRS Form 990-PF, 2024
- Grants in 2024
- 13
- Total given
- $1.02M
- Median grant
- $75K
- Range
- $20K–$150K
- By dollars: Illinois 27%, California 13%, New York 10%. Top recipient cities: Chicago, IL; Richmond, CA; New York, NY.
- 0% of grants with a stated purpose were for general or operating support.
- 83% of recipients were new grantees, not repeat recipients.
Example grants
Opportunity International Inc · Chicago, IL
Women as agents of change
$150K
Social Good Fund Inc · Richmond, CA
Hbcuvc capital access communities
$117K
Legal Aid Society · New York, NY
Legal assistance to small business owners in under-resourced communities of new york city
$100K
Mercy Corps · Portland, OR
Nasdaq foundation and micromentor - empowering women entrepreneurs in mexico 2024
$100K
Wayne State Univ Research & Technology Park in the City of Detroit · Detroit, MI
Techtown start studio accelerator for diverse founders
$100K
Focus Areas & Funding Uses
Fields of Work
- Nonprofits
- Women
- Minority businesses
- Women-owned businesses
- Small businesses
Categories
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