Yield Giving has announced the launch of a $250 million Open Call focused on elevating organizations working with people and in places experiencing the greatest need in the United States: communities, individuals, and families with access to the fewest foundational resources and opportunities.
Donor Name: Yield Giving
State: All States
County: All Counties
U.S. Territories: American Samoa, Guam, Commonwealth of Puerto Rico, Commonwealth of Northern Mariana Islands, U.S. Virgin Islands
Type of Grant: Grant
Deadline: 05/05/2023
Size of the Grant: $1 million
Details:
This initiative seeks community-led, community-focused organizations whose explicit purpose is to advance the voices and opportunities of individuals and families of meager or modest means, and groups who have met with discrimination and other systemic obstacles. Organizations best suited to this initiative will enable individuals and families to achieve substantive improvement in their well-being through foundational resources. This includes, for instance, organizations providing access to health care, stable and affordable housing, education and job training, support for sustained employment, asset ownership, civic engagement, and other pathways. They may also be engaged in data collection and communication to amplify the voices of people and communities struggling against inequities.
The Yield Giving Open Call is being managed by Lever for Change, a nonprofit that leverages its networks to find and fund solutions to the world’s greatest challenges, including racial inequity, gender inequality, lack of economic development, and climate change.
Funding Information
This initiative will award unrestricted gifts of $1 million each to 250 organizations.
Criteria
For the YIELD GIVING OPEN CALL, organizations eligible to serve as an Applicant Organization must be:
- An entity based in the United States and/or US Territories under section 501(c)(3) and 509(a)(1) or (2) or Type I or Type II supporting organizations under section 501(a)(3) of the Internal Revenue Code (“IRC”) that has received a tax determination letter (“Tax Letter”) from the Internal Revenue Service (“IRS”) and which Tax Letter is in effect.
- A fiscally sponsored nonprofit organization and the fiscal sponsor has a Tax Letter in effect.
- A private operating foundation based in the United States and/or US territories under section 501(c)(3) of the IRC that has received a tax determination letter from the IRS and which Tax Letter is in effect.
- A tribal government treated as a State pursuant to Internal Revenue Code Section 7871.
In addition, organizations eligible to serve as an Applicant Organization must be able to verify an annual operating budget of at least $1 million and no more than $5 million for at least two of the following fiscal years: 2019, 2020, 2021, 2022. At least 90% of an organization’s work must take place in the United States and/or US Territories to be eligible for this Open Call.
The Applicant Organization is a single legal entity that has the legal responsibility, authority for and control of the use of any grant funds, and must be able to exercise in fact and law direction, control, and supervision of the grant funds.
For more information, visit Yield Giving.