Colorado Organizational Resiliency (COR) grants are designed to support Colorado-based nonprofits in building resiliency to effectively navigate uncertainties, recover from setbacks, and maintain impact over the long term.
Donor Name: NextFifty Initiative
State: Colorado
County: All Counties
Type of Grant: Grant
Deadline: 03/06/2024
Size of the Grant: $100,000 to $500,000
Grant Duration: 2 Years
Details:
Building resilience involves creating a robust infrastructure, fostering a supportive organizational culture, and developing strategies to address financial, operational, and environmental challenges.
Grant requests must be aligned with one or more of Next50’s three priority areas: ending ageism, advancing digital equity, and supporting aging in place.
Grant requests are required to demonstrate innovation and the advancement of equity for marginalized or geographically underserved communities to be considered for funding.
Some examples of requests that would be eligible for this funding opportunity
- Infrastructure and Facility Improvements
- Funding requests to make necessary upgrades to the physical infrastructure or facilities, ensuring a safe and conducive environment for both staff and the older adults served.
- Collaborative Initiatives
- Funding requests for collaborative projects with other nonprofits or community organizations to share resources, knowledge, and expertise, fostering a supportive network that contributes to overall organizational resilience.
- Technology Upgrades
- Funding requests to invest in updated technology infrastructure, including software and hardware upgrades, to improve operational efficiency and communication within the organization.
- Strategic Planning Initiatives
- Funding requests for activities such as refining the organization’s mission and vision, conducting environmental scans, stakeholder engagement, goal setting, developing financial plans, engaging in community outreach and advocacy, communication, and branding work.
- Joint Ventures and Mergers
- Funding requests for initiatives to increase capacity through collaborative programs to pool resources, expertise, and networks or funding requests to merge nonprofit partners to eliminate duplicated efforts and to streamline administrative functions.
- Organizational Financial Audit
- Funding requests to complete an organizational financial audit to enhance transparency in financial practices, fostering trust among donors, stakeholders, and the community.
- Staff Development
- Funding requests to develop and deliver targeted training programs for staff members, focusing on areas such as cultural competence, trauma-informed care, and the specific needs of marginalized older adults.
Funding Information
The maximum request amount is $150,000 each year up to two years for a total maximum request amount of $300,000.
Eligibility Criteria
Colorado-based nonprofits serving marginalized older adults organized under section 501(c)(3) of the IRS code that are in good standing in Colorado, excluding universities and government entities.
For more information, visit NextFifty Initiative.