(LACF News) – The Los Alamos Community Foundation announces its inaugural discretionary grantmaking cycle, and invites 501(c)(3) organizations located in Los Alamos County to submit a grant application requesting up to $5,000 to improve the financial health of the organization.
LACF defines “financial health” as any effort which results in a measurable improvement across one or more dimensions of an organization’s financial sustainability, to include, but not limited to, areas such as: diversifying funding sources and income streams, building technological capacity that allows for increased efficiencies, investing in board development to ensure proper governance and fiduciary oversight, pursuing a formal financial audit or review, evaluating/increasing current fundraising efforts, or increasing marketing efforts to broaden community outreach thereby bringing in more customers/clients/donors.
“Core to the foundation’s mission is to increase the capacity and success of our nonprofit organizations,” said Rachel Kizielewicz, executive director of LACF. “We are excited to offer this funding opportunity to our local nonprofits, to provide grants that encourage organizations to focus on their long-term viability.”
The grant application cycle opens Monday, March 29 at 9:00am and closes Friday, April 30 at 5:00pm. Grant recipients will be selected and notified by late May.
Nonprofits interested in applying are welcome to attend either of the following optional information sessions: Friday, March 19 at 9:00am, and Thursday, March 25 at 3:30pm. To attend either session, register here: losalamoscf.org/ticket. A zoom link will be provided.
More information can be found at losalamoscf.org/grantmaking.
About the Los Alamos Community Foundation: Nonprofit organizations that serve our community turn to the Los Alamos Community Foundation for help in building organizational capacity and increasing financial stability. Established in 2015, the focus of the Los Alamos Community Foundation is to improve the quality of life in our community by inspiring, facilitating and supporting enduring philanthropy, and building the capacity and success of our local nonprofit organizations. The Los Alamos Community Foundation currently stewards eleven local endowed funds and has total assets of more than $800,000. For more information about the Los Alamos Community Foundation, visit www.losalamoscf.org.