Capital Grants

Programmatic Intent

The Capital Grant program provide support for capital requests or capital campaigns that address the diverse needs of residents of the Pioneer Valley.

Applicant Eligibility

  • To view overall eligibility guidelines for applicant organizations please click here.

Capital Grant – specific eligibility guidelines include:

  • All applicants must schedule a pre-application phone conversation with the Capital Grant Program Officer prior to consideration for this funding opportunity.  No exceptions will be granted; this includes organizations with a prior grant history or prior programmatic relationship with CFWM.
  • All outstanding final grant reports must be submitted by current grantees and approved, via email, by a CFWM program officer by August 14, 2018.
  • Applicants must have been in operation under their current 501(c)3 status long enough to provide at least one year of audited or reviewed financial documents.

Funding Criteria

  • Grant range: $2,500 to $20,000 for general Capital request. Up to $30,000 for a Capital Campaign with no required match.

Capital Request:

  • Small or large renovations/additions.
  • Construction or expansion projects.
  • The purchase of land for community benefit.
  • Equipment, vehicles and/or computer technology purchases with a useful life of at least 3 years.

Capital Campaigns:

  • New building construction or renovations to an existing building that cost more than $1 million with a minimum campaign goal of $500,000
  • Large fundraising efforts with requests to foundations, businesses, individuals, and government funds/banks/bond financing
  • Must be in the “public phase” of the campaign where no more than 85% of the campaign total has been raised at time of grant submission.
  • Duration of grants:
    • Capital request: Up to 12 months from grant award date.
    • Capital campaign: No time frame for completion.

Funding Preference

  • Preference for capital needs projects that benefit the overall organization rather than specific programs of the organization.
  • Preference for an overall award portfolio that represents the following sectors: arts and culture, education, environment, health, housing, and human services as well as organizations of various budget sizes.

Ineligible Activities

  • Please click here to view activities that are ineligible for funding from any of CFWM’s grant programs.

Available Funding

  • There is a minimum of $290,000 available for Capital grants; $200,000 for general Capital requests and $90,000 targeted for Capital Campaigns.  The CFWM will fund the Capital Grant program using sources of endowed funding (funds) that have legal geographic or use restrictions.  Anticipated distribution of the $200,000 available for general Capital requests as follows:
    • 60% of funding for Hampden County, with significant proportion of funds targeted to Springfield.
    • 20% of funding for Hampshire County.
    • 20% of funding for Franklin County.
  • CFWM’s 2018 Capital Campaign priority is to only fund campaigns that benefit residents of Springfield and/or Hampden County.  No Capital Campaign funds are available this year for Hampshire and Franklin counties.

Grant Process

All applicants must schedule a pre-application phone call with the Capital Program Officer to discuss their initial proposal ideas.

  • The calendar to schedule a pre-application phone call will be available starting June 25, 2018 for phone conversations between July 5, 2018 and September 7, 2018.  Pre-application phone conversation slots will be first come, first served.  Based on available resources, a maximum of 50 pre-application phone conversation slots will be made available for potential applicants.  Once the 50 slots are full we will take names for a waiting list.
  • Applications must be complete including all correct attachments at time of submission.

Important Dates

  • Pre-application phone call calendar opens:  June 25, 2018. Click here to schedule a call.
  • Pre-application phone call calendar closes:  September 7, 2018.
  • Grant application opens: July 9, 2018
  • Grant submission deadline:  September 14, 2018 at 5:00 p.m.

Application and Related Materials

FAQs

  • For grant FAQ’s, please click here.

Contact Info

Sheila Toto at stoto@communityfoundation.org.