Community Grants
GRANT INFORMATION
KACF makes Community Grants once a year and grants are for a one-year period. Grantee organizations must re-apply for each year, up to a maximum of three years. A grantee partner of 3 consecutive years must take a one-year "break" to be eligible for reapplying in a subsequent year. No organization will receive more than one community grant from KACF in any one grantmaking year. Community Grants typically range from $12,000 to $30,000 per year. KACF provides general operating and program-specific support.
GRANT CRITERIA
KACF will consider organizations that:
- Are a registered 501(c)3 nonprofit organization or have a fiscal sponsor that is 501(c)3;
- Are located within the greater New York Metropolitan area (CSMA as defined by the US Government);
- Have an operational history of at least 6 months;
- Have an established and working Board of Directors;
- Have filed IRS Form 990 and/or audited financials.
GRANT PRIORITIES
KACF is particularly interested in organizations that:
- Are addressing the critical needs of underserved and under-resourced communities
- Are providing programs with the intention of helping individuals and families to move towards self-sufficiency;
- Are engaging in partnerships with other community organizations and stakeholders;
- Have quality support services with the intention of providing comprehensive support;
- Have limited access to ongoing traditional funding sources such as foundations, government, corporations, etc.
- Are working with Korean Americans either as a target population or within the larger group of constituents served by the program.
FUNDING RESTRICTIONS
KACF does NOT provide funding for:
- Individuals;
- Capital fund projects;
- Endowments;
- Fundraising events;
- Feasibility studies;
- Real estate purchases;
- National or international organizations;
- Public or private schools, colleges or universities;
- Political causes or campaigns to elect candidates to public office;
- Programs that do not comply with Federal, state, or local equal employment statues;
- Organizations that are based outside the New York Metropolitan area.
PROGRAM AREAS
KACF will consider organizations working in the following program areas:
Economic Security
Health
Safety
Senior Empowerment
Youth Empowerment
SUBMISSION
Our 2012 Community Grants grantmaking cycle is closed. If you have any questions about our funding opportunities, please contact Brennan Gang.
TIMELINE
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KACF Grants
Korean American Community Foundation
501 Fifth Ave, 3rd Floor
New York, NY 10017
(212) 300.2145
info@kacfny.org
©Copyright 2012 Korean American Community Foundation. All Rights Reserved