CD funding
colist at comm-org.utoledo.edu
colist at comm-org.utoledo.edu
Wed Jun 23 22:34:52 CDT 2004
From: Dick Schoech <schoech at uta.edu>
**************************************************************************
*** Program Number: 67805 Title: Grants Program
Sponsor: Heron (F.B.) Foundation
SYNOPSIS:
The sponsor is dedicated to helping people and communities to help
themselves. The sponsor promotes the following five wealth creation
strategies for low-income families in urban and rural communities:
increasing access to capital; supporting enterprise development;
advancing home ownership; reducing the barriers to full participation in
the economy by providing quality child care; and employing comprehensive
community development approaches with a strong focus on the wealth
creation strategies noted above.
Deadline(s):
Established Date: 06/17/2002
Follow-Up Date: 07/01/2005
Review Date: 06/22/2004
Contact: Mary Jo Mullan, Vice President of Programs
Address: 100 Broadway
17th Floor
New York, NY 10005
U.S.A.
E-mail:
Program URL: http://fdncenter.org/grantmaker/fbheron/
Tel:
Fax: 212-404-1805
Deadline Ind: Receipt
Deadline Open: Yes
*See Restrictions for further information.
DEADLINE NOTE
All first-time applicants should submit a one- or two-page letter
of inquiry.
Award Type(s): General Operating Funds
General Project
Development-Program
Service Delivery
Research Grants/R & D
Citizenship/Country of Applying Institution:
Any/No Restrictions
Locations Tenable: U.S.A. Institution (including U.S. Territories)
Appl Type(s): Organizations--Community/Soc. Serv.
Institution, Non-Specific
Organizations--Business/Industry/Labor
Organizations--Policy/Intl/Publ Aff
Research Institutions/Organizations
Target Group(s): NONE
Funding Limit: $0 SEEBELOW
Duration: 2 YEAR(s)
Indirect Costs: Unspecified
Cost Sharing: No
Sponsor Type: Foundations
Geo. Restricted: NO RESTRICTIONS
CFDA#:
OBJECTIVES:
The sponsor supports organizations that help low-income people to
create wealth and take control of their lives. The sponsor supports
programs in urban and rural communities engaged in the following
wealth-creation strategies:
ASSESSING IMPACT: the sponsor regards an organization's ability to
assess its impact on the lives of low-income people and communities to be
of paramount interest, and to be a reflection of that organization's sound
management and accountability. To be considered for support, applicants
must have a clear commitment to and track record of using data to improve
programs and impact. In addition, the sponsor supports peer networks,
trade associations, and technical assistance providers that help
practitioners working in the sponsor's core areas to improve approaches
and methods for assessing impact.
WEALTH CREATION STRATEGIES: a)Access To Capital--the sponsor
supports and invests in community development financial institutions
(CDFIs) that serve low-income communities. CDFIs seeking the
sponsor's support must have as their core work financing home
ownership, business enterprise or commercial real estate development
that creates new jobs, or quality and affordable child care. The
sponsor also funds practitioner associations that promulgate best
practices, especially those helping CDFIs to track the social impact
of their investments. The sponsor will also consider supporting
efforts to broaden the adaptation of private market financing
mechanisms, or to promote community reinvestment to accelerate
community development. In addition, the sponsor funds opportunities
to help low-income people to build savings, and efforts to combat
practices or conditions that deplete assets (e.g. threaten home
ownership) of low-income families. b)Enterprise Development--the
sponsor prefers to support enterprise development programs that
benefit many community members, or that are part of a comprehensive
community development strategy. The sponsor supports organizations
that provide technical assistance and financing for small businesses, help
to build networks and markets for entrepreneurs in distressed rural and
urban communities, strengthen worker-owned enterprises and cooperative, or
foster commercial real estate development. c)Home Ownership--the sponsor
will consider support for organizations working to increase home ownership
in low-and moderate income urban and rural communities. The sponsor is
interested in organizations that develop and/or finance new or
rehabilitated owner-occupied homes, including self-help housing; that
assist people with low-interest mortgages; or that provide pre- and
post-mortgage counseling to first-time home buyers. The sponsor will give
priority to organizations that can demonstrate results, including the
number of low-income families that acquire and retain their homes, and
show an increase in home-ownership rates within low-income communities.
d)Child Care--the sponsor will consider support for citywide, state or
regional efforts that increase the availability of affordable, preschool
child care in underserved areas and that help preschool programs to meet
or exceed quality standards as set by the National Association for the
Education of Young Children, the National Association for Family Child
Care, or Head Start. e)Comprehensive Community Development--the sponsor
funds comprehensive community development organizations built around a
strong core of the wealth-creation strategies on which the sponsor
focuses--i.e. access to capital, enterprise development, home ownership,
and quality and affordable child care. The sponsor gives priority to
programs that are tracking the impact of their comprehensive approaches on
increasing wealth in low-income families and communities.
ELIGIBILITY
The sponsor prefers to support direct-service, community-based
organizations and enterprises. The sponsor will give priority to
organizations that actively incorporate people with disabilities as
beneficiaries of the wealth-creation strategies on which the sponsor
is focused. The sponsor also funds entities that provide financial or
technical assistance programs to organization implementing wealth-creation
strategies. Preference will be given to technical assistance providers
and practitioner networks or associations that build management and
program capacity, particularly those that help to design and implement
systems that track results and improve impact. The sponsor will also
consider support for a modest number of research and policy efforts that
complement the direct-service efforts funded by the sponsor. The sponsor
will give priority to organizations that: assess the tangible and lasting
impact of their efforts; bring a high level of leadership, competence,
management, and strategic planning to their efforts; regularly set
objectives, assess progress against those objectives, and modify program
strategies and management based on lessons learned; have staff and board
leadership that reflect the communities served; demonstrate fiscal
integrity, including the performance of annual, independent audits; and
show substantial levels of funding from other private funders or
investors.
FUNDING
For first-time grants, the sponsor provides funds ranging from
$25,000-$50,000. Funds for annual grants range from $25,000-$125,000.
Support for an organization new to the sponsor typically begins with a
one-year grant. If renewal funding is approved, two-year grants are
provided in most cases, although the second year of support is always
conditioned upon the spnonsor's receipt and approval of progress reports
and future plans.(clb)
KEYWORDS: Day Care
Poverty and the Poor
Urban Economics
Rural Planning/Policy
Urban Planning/Policy
Community Development/Revitalization
Community Services
Rural Services
Pre-School Education
Economic Development
Finance
Real Estate
Small Business
Entrepreneurship
Rural Development
Housing
--
Dick Schoech schoech at uta.edu <mailto:schoech at uta.edu>
U. TX Arlington, Box 19129, 211 S Cooper, Arl TX 76019-0129
http://www.uta.edu/cussn/
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