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You are here: Home / Grant Size / $50,000 to $500,000 / Applications open for Worthy Cause Pool Fund 2023 – Colorado

Applications open for Worthy Cause Pool Fund 2023 – Colorado

Dated: July 3, 2023

The Boulder County is requesting applications from qualified nonprofit human services agencies and housing authorities for the 2023 allocation of Worthy Cause funds.

Donor Name: Boulder County

State: Colorado

County: Boulder County (CO)

Type of Grant: Grant

Deadline: 08/23/2023

Size of the Grant: $75,000

Grant Duration: 12 months

Details:

The purpose of the Worthy Cause program is to promote the long-term provision of human services in Boulder County, not to provide a loan or temporary financial assistance to the agency.

Worthy Cause awards represent a County investment in nonprofit human service agency and housing authority properties, in an effort to promote continued human service delivery in community. The County protects its investment by securing the Funds through a Promissory Note and Deed of Trust, as well as a Restrictive Covenant where applicable. For each award, the County will record a Deed of Trust in the amount of Funds awarded against the agency’s property to which the Funds are being applied.

Funding Information

  • Request for funding must be for a minimum of $75,000
  • Award amounts will not exceed 50% of the total Project cost, even if the project has been/will be funded over multiple years
  • An awardee must commence expenditure of an award for the purpose of the Project within 12 months from the date the Funds are made available to the awardee:
    • In the event that an agency is unable to expend the Funds towards the Project within those 12 months, the agency must submit a written request for an Expenditure Extension to the County
    • The County reserves the right to withhold disbursement of the Funds until an agency is prepared to expend the Funds towards the Project
    • The Commissioners reserve the right to withdraw an award in the event that the agency is unable to expend the Funds within 12 months of the Funds being made available.

Eligibility Criteria

  • Applicants must be:
    • a § 501(c)(3) tax-exempt nonprofit organization registered and in Good Standing with the Colorado Secretary of State
    • a Housing Authority or an Agency providing human services
      • “Housing Authority” means those entities created under the authority of C.R.S. 29-4-201, et seq., or 29-4-501 et seq., which plan, design, construct, purchase, maintain and administer transitional and affordable rental housing units within Boulder County.
      • “Human services” includes safety net services targeting vulnerable, low-income, high- risk, or other at-risk populations in need of health care, mental health services, food and nutrition, emergency shelter, affordable housing, domestic violence prevention, child care, early childhood education, and supportive social services; also services targeted to serve at- risk youth, seniors, persons with disabilities, or persons in need of basic assistance such as shelter, housing, food, or other immediate assistance.
      • Priority will be given to Applicants who provide services to disadvantaged clients free of charge or for a low-cost (i.e. not market rate cost of services)
      • “Human services” does NOT include services used by the general public, such as sports, recreational and educational activities, and emergency response services. Hospitals, public schools, sports clubs/leagues and assisted living centers are  NOT considered to be eligible human service agencies.
    • Must be located and operating in Boulder County
  • Project
    • Must be capital in nature: The project must relate to the acquisition, upgrade, or maintenance of physical assets such as property, buildings, or affixed equipment
      • “Affixed equipment” means that the equipment is fixed in position to a building or property as a permanent appendage or as a structural part of the building or property
        • Equipment must be directly and specifically related to the agency mission and program for human services delivery to clients
        • Examples of allowed equipment include: Permanently affixed furniture, installed medical equipment or food storage systems, etc.
        • Examples of disallowed equipment include: Computers, office equipment, vans, vehicles, etc.
        • Solar panels are only allowable if they are permanently affixed to the property/building
    • Should fall into one of the following categories:
      • Debt Reduction
      • Purchase (acquisition)
      • Construction
      • Improvements and/or Renovations.

For more information, visit Boulder County.

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