Nonprofit Endowment Challenge Grant

The Nonprofit Endowment Challenge Grant aims to support Weld County nonprofits in establishing or enhancing their endowment funds. The Weld Community Foundation will match up to $10,000 for each selected organization, with a minimum contribution of $10,000 required from the nonprofits. This initiative encourages organizations to develop sustainable funding strategies, ensuring long-term financial stability and growth of their endowment funds through a competitive application process.

The purpose of the Nonprofit Endowment Challenge is to inspire Weld County non-profit organizations to secure their future by establishing or adding to an existing endowment fund with the Weld Community Foundation. The Community Foundation will provide a match of $10,000 for each selected organization. The minimum amount to open an endowment fund at the Community Foundation is $20,000 which can include the Foundation match or the Foundation match can be an additional $10,000 for any amount above $10,000 that the agency invests. All endowment funds generated through the Nonprofit Endowment Challenge will be managed by the Weld Community Foundation and will be placed into a permanent, named fund for the organization.
Organizations will be selected through a competitive application process and must meet the criteria noted below.
Funding Criteria
The primary evaluation criteria to be used by the review committee will focus on how the organization plans to grow the endowment fund once it has been established. Special consideration will be given to the following:
Incorporation of endowment building strategies into the overall development efforts of the organization; Involvement and demonstrated leadership of Board members in endowment fundraising; Marketing plans that incorporate endowment building and planned giving; Organizational stability and track record in raising various types of funds.

Eligibility

The Challenge is open to:Nonprofit [501(c)(3)] organizations in Weld County.