The Building an Inclusive Economy grant program is designed to support organizations that focus on economic empowerment for Black households and work to rewrite the rules to make Forsyth County a place where they all have the resources they need to support the families.
Donor Name: The Winston-Salem Foundation (WSF)
State: North Carolina
County: Forsyth County (NC)
Type of Grant: Grant
Deadline: 10/14/2024
Size of the Grant: $10,000 to $100,000
Grant Duration: 1 Year
Details:
Types of Grants
Examples of the types of grants BPI will support:
- Program or Project grants: to support existing programs or projects, or to start new ones. (Funding for one-time events or media and art projects will be considered if they are part of a larger strategy that otherwise meets the funding criteria.)
- Planning grants: to develop new programs or modify existing programs to better meet the needs of Black populations in Forsyth County.
- Collaboration grants: to provide funding to bring together groups in collaborative or cooperative projects that will yield greater impact than the groups would be able to achieve on their own.
- Evaluation grants: to evaluate the impact on the Black community of an existing or new program that meets the funding criteria. (Evaluation funding may also be included in a program or project grant request.)
- Research grants: to support social sciences research on educational issues that impact Black populations in Forsyth County. Requests for research funding will be considered if the research will have a direct application toward implementing a program to address the root causes of a problem or to create social change around an issue, including for advocacy purposes.
- Pilot Programs: initial small-scale projects that are used to assess the viability of program ideas.
Priorities
Priority will be given to:
- Black-led groups/organizations (Organizations with more than 50% of Black staff in leadership positions and/or more than 50% of board members are Black.)
- Organizations and programs that invest directly in predominately Black neighborhoods (including 27101, 27105, and 27107).
- Organizations that are actively engaging people and communities who are directly impacted by the program, setting goals with them, and listening and responding to their guidance about how the work is implemented.
Examples of potential grant requests include programs that support Black entrepreneurs, programs that support Black families wanting to learn about investing or how to purchase a home, or programs that provide inclusive pathways to family-sustaining careers.
Funding Information
Organizations can submit one application for any amount up to $15,000.
Grant Period
Grants are typically made for one year.
Eligibility Criteria
This grant program is designed to support organizations that are focused on economic empowerment for Black households and working to rewrite the rules to make Forsyth County a place where they all have the resources they need to support the families. This grantmaking program aligns with The Winston-Salem Foundation’s focus area of the same name, though the decision-making is distinct.
BPI support grant proposals that:
- address one or more of the following areas they see as critical to building economic security and prosperity for Black households in Forsyth County: creating accessible pathways to family-sustaining and high-paying careers, offering tools for wealth-building and financial stability, and supporting a thriving community of Black-owned businesses.
- are being implemented by a 501(c)(3) organization, public school or higher education institution, or a faith-based organization. (Organizations that do not have a 501(c)(3) may ask an organization with this exemption to serve as a fiscal agent.) While BPI’s grants are not for businesses, BPI will fund nonprofits, schools or faith-based organizations providing resources or programming for Black entrepreneurs and small business owners.
For more information, visit WSF.