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Communities Thrive Challenge offers new funding opportunities for nonprofits providing economic services

Written by FWD501cReporter

The Rockefeller Foundation and the Chan Zuckerberg Initiative recently launched the Communities Thrive Challenge – a $10-million funding opportunity to find and support successful, community-driven approaches to expand economic opportunity for low-income and financially insecure people and communities across the U.S. Through a roughly six-month, nationwide search, the Challenge will identify up to 80 accomplished organizations with a proven track record, and provide up to 10 with $1 million grants, tailored technical assistance, and an opportunity to share their stories on the national stage.

The Communities Thrive Challenge hopes to fund, strengthen, and grow community-driven approaches that help low-income and financially insecure people find and retain well-paid and meaningful work and achieve financial security or build economically vibrant neighborhoods.

Both for-profit and nonprofit organizations that meet the following criteria may apply:

  • Organizations must be an entity incorporated in and maintaining a primary place of business in the United States or United States Territory.
  • Applicant organizations must have an annual operating budget of greater than $200,000 in fiscal year 2018 and fiscal year 2017.
  • Applicant organizations cannot have received funding from The Rockefeller Foundation or the Chan Zuckerberg Initiative in the past ten years.
  • All applicants must meet IRS guidelines for charitability.

You can find out more on the Communities Thrive Challenge website. Applications are due Tuesday, June 19, 2018, at 5:00 PM Pacific.

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