Waco Foundation Announces New Grant Guidelines & Processes!

Waco Foundation Announces New Grant Guidelines & Processes!

 In an effort to better serve area nonprofits that are working to improve quality of life in McLennan County, Waco Foundation has revised its grantmaking process and applications. The new process allows for grant requests to be reviewed and responded to year round, as opposed to just two times per year.  Additionally, Foundation staff reports that in an effort to minimize the time and paperwork required of their applicants, requests are now categorized and processed according to type, with each category of giving having a reduced and simplified application in order to help streamline and speed up the decision making process.

The Foundations new grant categories are as follows: large capital grants (requests totaling more than $40,000), small capital grants (requests up to $40,000) and program grants. The Foundation’s eligibility requirements, giving restrictions and giving structure (reimbursements as opposed to upfront cash awards) remain unchanged. The Foundation encourages all potential applicants to review their updated grantmaking guidelines and process and contact the Director of Grants and Capacity Building with any questions they may have.