Announcing the Kick-Off of Our 2019 Community Grant Cycle
We will begin accepting Letters of Inquiry for 2019 Community Grants on Monday, November 5, 2018, following the conclusion of our informational grant webinars. A detailed description of our funding priorities and application process can be found below.
About the Community Grants Program
Independent Bank is committed to building strong, healthy communities. One key way we do this is through our Community Grants program, which supports local non-profit organizations serving low-to-moderate-income families and individuals in the following areas:
Community Development — We support organizations and programs working in low- and moderate-income communities that focus on small business development, affordable housing, financial literacy, and job training.
Education — We support programs that promote academic achievement for low- and moderate-income students and facilitate merit-based access to higher education for underrepresented groups.
Health & Human Services — We support organizations that help ensure access to quality health education programs and health care in low- and moderate-income areas. We also fund basic needs assistance and childcare service when offered in tandem with other self-sufficiency initiatives.
Within these areas, we are particularly interested in funding programs that:
- Scale best practices and proven ideas or pilot promising, evidence-based programs
- Utilize sound evaluation techniques to inform program design and measure both outcomes and impact
- Demonstrate a commitment to innovation, learning, and adaptation
- Are completed in partnership, cooperation, and consultation with other agencies
- Offer an innovative and promising approach to meeting a community need
Our Application Process
Independent Bank Community Grants are awarded on an annual basis. The application process consists of two stages. First, interested nonprofits submit a Letter of Inquiry (LOI) outlining their proposed project and inquiring about the possibility of funding. All applicants will be contacted via email about the status of their submission within 6 weeks of submitting an LOI.
Those submitting promising Letters of Inquiry will move forward to the second stage of the application process and will be invited to submit a full proposal. If invited to submit a full proposal, funding is not guaranteed. No grant requests will be considered outside of this process.
We will begin accepting Letters of Inquiry for 2019 Community Grants on Monday, November 5, 2018, following the conclusion of our informational grant webinars.
The deadline to submit a Letter of Inquiry for 2019 Independent Bank Community Grants is Thursday, November 29, 2018 at 6:00 p.m. CST/5:00 p.m. MST.
To be eligible for funding, organizations must meet the following criteria:
- Organizations must have a 501(c)(3) tax-exempt designation from the Internal Revenue Service.
- Organizations must be located in and/or serve populations in the market areas of Independent Bank. (See “Our Market Areas” for more information.)
- Organizations must serve low-to-moderate income individuals and/or families.
- Organizations must demonstrate fiscal and administrative stability.
- Organizations previously awarded an Independent Bank Community Grants must be in good standing.
Limitations on Grant Funding
Grant funding is not available for the following:
- Sponsorships, events, or projects for which Independent Bank and/or its employees receive tangible benefits or privileges. This includes golf tournaments, tables at events, and other fundraising activities that include tickets, meals, or other benefits.
- Organizations that discriminate on the basis of race, gender, religion, ethnicity, sexual orientation, or any other status or other classification protected by federal, state, or local law.
- Religious organizations that are not engaged in a significant project that is nonsectarian and benefits a broad base of the community.
- Political action committees, political causes, or candidates.
- Capital costs (brick and mortar, the purchase of capital equipment, or other capital projects)
Each year our team hosts informational webinars as an opportunity for applicants to learn more about our program and ask us any questions they might have about the application process.
During the webinars, we will review funding priorities, project options, funding availability, LOI formatting, submission requirements, and the LOI evaluation methodology. Furthermore, staff will let organizations know what to expect, should they be invited to submit a full proposal.
Each webinar will conclude with a live Q&A session.
We encourage all organizations to attend a webinar before submitting an LOI.
Register to attend a webinar:
How to Apply
To apply, please submit a two-page Letter of Inquiry (LOI) via our online application portal, which will go live on Monday, November 5, 2018 following the conclusion of our grant webinars.
Guidelines for composing and submitting the Letter of Inquiry are available here.
The deadline for submitting a Letter of Inquiry for a 2019 Independent Bank Community Grant is Thursday, November 29, 2018 at 6:00 p.m. CST/5:00 p.m. MST.
All applicants will be contacted via email about the status of their submission within 6 weeks of submitting an LOI. Those submitting promising Letters of Inquiry will be invited to submit a formal grant proposal. If invited to submit a full proposal, funding is not guaranteed. No grant requests will be considered outside of this process.
Please email us at firstname.lastname@example.org with any questions.