Equitable Economic Opportunity and Community Wealth Building (Colorado)

The Rose Community Foundation is pleased to announce the Equitable Economic Opportunity and Community Wealth Building.

Donor Name: Rose Community Foundation

State: Colorado

County: Adams County (CO), Arapahoe County (CO), Boulder County (CO), Broomfield County (CO), Denver County (CO), Douglas County (CO), Jefferson County (CO)

Type of Grant: Grant

Deadline: 08/28/2024

Size of the Grant: $10,000 to $100,000

Grant Duration: 1 Year

Details:

Rose Community Foundation has an open funding opportunity for nonprofit organizations in the Greater Denver region. This grant cycle is intended to support organizations working to close gaps in access and opportunity by increasing financial security, dismantling generational cycles of poverty, and growing assets for individuals and communities furthest from opportunity.

Rose Community Foundation particularly interested in supporting organizations that:

• serve 80% or more of their populations/individuals earning less than 200 percent of the Federal Poverty Level (or equivalent)
• are scaling existing peer-to-peer programs where people with lived experience are paid to support others experiencing the same or similar challenges
• are working on multiple strategies

For purposes of this RFP, they seek to fund organizations with a demonstrated capacity and deep focus on:

• BIPOC individuals
• Immigrants and refugees
• Justice-involved individuals
• People with disabilities and neuro diverse individuals
• Women

Funding Information

• Total funding available: $ 1.5 million.
• On average, grants will range from $25,000 – $75,000.

Grant Duration

Most grant lengths will be one year.

Rose Community Foundation interested in proposals  that:

• Increase social and financial capital to advance local economic stability. Increase access to capital for individuals, communities, entrepreneurs, and local businesses through mechanisms such as grants and loans, including Community Development Financial Institutions (CDFIs) and other alternative financing organizations.
• Enhance workforce development, training and job placement for people making up to 200 percent of the Federal Poverty Level with a focus on those furthest from opportunity, as defined in this RFP. Support organizations providing workforce programming or training that results in better paying jobs with higher earning potential.
• Increase housing affordability for individuals and families that are cost burdened. Navigate and support affordable home ownership or eviction prevention programs for individuals with low incomes.

Although they fund in the seven-county Greater Denver region, priority will be given to applications focused on Adams, Arapahoe and Denver counties, or specific neighborhoods in Boulder, Broomfield, Douglas and Jefferson counties with demonstrated need established through data.

Eligibility Criteria

• This opportunity is open to nonprofit organizations, government agencies or fiscally sponsored projects in the seven-county Greater Denver region: Adams, Arapahoe, Boulder, Broomfield, Denver, Douglas and Jefferson counties.
• Organizations funded through donor-advised funds or other giving circles at Rose Community Foundation are eligible for this opportunity if other eligibility requirements are met.
• Organizations that house endowments at Rose Community Foundation are eligible to apply but, like other applicants, are not guaranteed to receive funding.
• Organizations that have multiyear funding from the Foundation or that have received a separate grant from Rose Community Foundation in 2024 are unlikely to receive funding via this opportunity. They ask organizations that think they may still be eligible to reach out to Community Impact team before beginning their application.

For more information, visit Rose Community Foundation.