Vector Wealth Strategies: Community Impact Fund Grant
Vector Wealth Strategies
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.
Geography
- In Madison County
Required status
- 501(c)(3) tax-exempt status
Other requirements
- Once an organization receives a grant, we do not typically reconsider them for another grant for the next three rounds of grants.
- That means an organization can apply every other year.
Not eligible / not funded
- Not eligible: While supporting various causes, the fund typically excludes organized athletics and churches, fostering a spirit of collaboration and matching contributions.
- Not eligible: While there may be some specific programs we would consider supporting if they were within the scope of our primary objective, we do not typically provide grant money for organized athletics or churches.
- Not eligible: (Religious affiliation is not an issue).
Overview
The Vector Wealth Strategies Community Impact Fund, established in 2015, allocates 10% of annual profits to support nonprofits focused on education, health services, and disaster recovery. The fund emphasizes community involvement, encouraging grassroots applications from volunteers. Grants are awarded to organizations qualifying as 501(c)(3) nonprofits, with a preference for projects in Madison County. While supporting various causes, the fund typically excludes organized athletics and churches, fostering a spirit of collaboration and matching contributions.
The Vector Wealth Strategies Community Impact Fund was the first corporate giving fund established with Community Foundation of Greater Huntsville in 2015. We set aside 10% of Vector’s annual profits to fund grants focusing on education, health and human services, and disaster recovery.
Eligibility
To be eligible for a grant, an organization must qualify as a nonprofit under the 501(c)(3) tax code.Once an organization receives a grant, we do not typically reconsider them for another grant for the next three rounds of grants. That means an organization can apply every other year.
Ineligibility
While there may be some specific programs we would consider supporting if they were within the scope of our primary objective, we do not typically provide grant money for organized athletics or churches. (Religious affiliation is not an issue).
Focus Areas & Funding Uses
Fields of Work
- Nonprofits
- Education
- Healthcare
- Disaster relief
Categories
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