2018 INDEPENDENT BANK COMMUNITY GRANTS
Independent Bank is proud to support nonprofit organizations in the communities we serve. Our Community Grants Program supports nonprofits serving low-to-moderate-income families and individuals in the areas of Community Development, Education, and Health & Human Services.
Please find an overview of the application process below.
HOW TO APPLY
STEP 1: Determine Eligibility
- 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.
- Organizations must demonstrate fiscal and administrative stability.
- Please also see "Limitations on Grant Funding" listed below.
STEP 2: Determine Fit with Funding Priorities
Priority will be given to funding projects and programs that closely align with the following funding priorities:
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 and 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 child care service when offered in tandem with other self-sufficiency initiatives.
Independent Bank encourages projects that will be completed in partnership, cooperation, and consultation with other agencies. Further, programs that demonstrate effective use of volunteers, as well as board diversity and involvement, are encouraged.
STEP 3: Attend a Grant Workshop
Organizations that wish to apply for a 2018 Independent Bank Community Grant must attend one of our grant workshops, either in person or online. These workshops will review funding priorities, project options, funding availability, proposal formatting, submission requirements, and the proposal evaluation methodology.
Information about workshop dates, times, and locations can be found below. Before registering, please take a moment to review our funding priorities and eligibility requirements at ibtx.com/grants.
Wednesday February 14, 2018 10:00 AM – 11:30 AM MT
Please note: In order to be eligible for funding, organizations must attend a grant workshop, either in-person or online.
STEP 4: Submit a Letter of Inquiry (LOI)
The next step is to submit a Letter of Inquiry (LOI) outlining your idea and inquiring about the possibility of funding. LOIs must be submitted electronically through our online application portal. A link to the portal will be sent out via email to grant workshop attendees.
Those submitting promising letters of inquiry will be contacted via email and invited to submit a full grant proposal. If invited to submit a full proposal, funding is not guaranteed and no grant requests will be considered outside of this process.
LOI Submission Deadlines
In order to be considered for a 2018 Independent Bank Community Grant, all LOIs must be submitted by the following dates:
For Texas applicants - Thursday, February 22, 2018 at 6:00 p.m. CT
For Colorado applicants - Monday, March 5th at 6:00 p.m. MT
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)
Please email us at firstname.lastname@example.org with any questions.
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