Applicants are now invited to submit applications for the Triangle Capacity-Building Network Grant.
Donor Name: Triangle Community Foundation
State: North Carolina
County: Wake County (NC), Durham County (NC), Chatham County (NC) and Orange County (NC)
Type of Grant: Grant
Deadline: 02/19/2023
Size of the Grant: Up to $25,000
Grant Duration: 3 Years
Details:
Triangle Capacity-Building Network’s (TCBN) program and grant making strategy focuses on shifting power and providing financial resources to organizations led by and serving people of color. Its strategy is informed by both nonprofit data about access to capital and an acknowledgement of how past injustices manifest in present-day disparities. Data has shown that nonprofit organizations led by executive directors of color face additional challenges to accessing capital compared to peer organizations with white leaders.
Scope
TCBN encourages organizations to focus on one capacity-building project per year of funding. TCBN acknowledges that capacity building is continuous and may not fit cleanly into one year of funding. It is acceptable for the project period to be more than 12 months. Subsequent-year funding may be used to build upon the initial capacity-building project or use funding for additional capacity-building needs.
Guiding Values
The nonprofit Advisory Committee will:
- Lead in identifying grantee selection and overall program investment strategies.
- TCBN will invite proposals and make grants to a variety of recipient organizations or networks based on specific guidelines that have emerged through the participatory grantmaking process; as well as make investments in resources that build the capacity of organizations led by people of color across the Triangle.
- Practice trust-based philanthropy, including flexible funding and minimizing reporting and information gathering burden on grantees. Put equity front and center.
- Inequities are often exacerbated in times of crisis, and we are committed to supporting communities most impacted by the pandemic, inflation, and potential economic recession.
Funding Information
This year, the funding cycle will provide:
- Multi-year Funding: TCBN will award multi-year grants of $25,000 each year over three years (for a total of $75,000), to 15 organizations led by people of color.
- Professional Development Funds: TCBN will award each funded organization an additional $1,000 stipend annually to participate in professional development opportunities that align with their mission and specific organizational needs.
- Self-Care Funds: TCBN will award each funded organization an additional $1,000 stipend annually to participate in self-care activities that align with their specific organizational needs.
Grant Period
- June 1, 2023 – May 31, 2026
Eligibility Criteria
- Must be Triangle-based and serving Wake, Durham, Orange, and/or Chatham counties.
- Must be a registered 501(c) (3) nonprofit, religious congregation, or work under fiscal sponsorship of 501c3. Government agencies and universities are ineligible for this opportunity.
- Must be an organization led by and serving people of color as defined as:
- Executive Director identifies as a person of color
- Over 50 percent of senior staff identify as people of color (even if your ED is not)
- Over 50 percent of your Board of Directors identify as people of color
- In addition to one or more of the three criteria above, over 50 percent of your service recipients must identify as people of color
- Must abide by the Foundation’s non-discrimination policy
- Priority will be given to organizations that include the perspectives of those with lived experience in the work.
For more information, visit Triangle Community Foundation.
