Each community has unique needs and opportunities. We designate the majority of our philanthropic dollars to addressing these needs. Community Needs Grants are considered for organizations that meet the criteria described below.
Requirements
To be considered for grant funding, organizations must:
Have a non-profit tax-exempt classification under section 501(c)(3) of the Internal Revenue Code
Have broad community support and address specific community needs
Demonstrate fiscal and administrative stability
Align with one or more of the Foundation’s focus areas: Education, Community Development, Health/Human Services, and Arts/Culture
Priorities
The Wachovia Foundation will provide priority consideration to requests that best reflect the organizational characteristics and focus area targets detailed below.
Organizational Characteristics
The organization should:
Exhibit significant support (through the contribution of time or financial resources) from a Wachovia employee(s)
Target individuals or communities with low- to moderate-income
Help build inclusive and diverse communities
Foster collaborative efforts that leverage our community investments
Primary Focus Areas
Education:
Eliminate the pre-K - 12 "achievement gap" in education through public school sponsored or facilitated curriculum-based programs
Advance teaching through recruitment, professional development, support, and retention of teachers
Facilitate merit-based access to higher education for under represented groups
Community Development:
Create and sustain affordable housing
Revitalize low- to moderate-income neighborhoods
Facilitate job creation, work force development, and financial literacy/empowerment
Provide economic development for minority and underserved groups and/or low- to moderate-income areas
Secondary Focus Areas
Health/Human Services:
Enable and sustain independence for individuals and families
Ensure access to health education programs
Ensure access to quality health care
Arts and Culture:
Facilitate access to and participation in cultural experiences for persons with low- to moderate-income
Ensure the availability of a broad array of artistic opportunities/venues that reflect the diversity of the community
Limitations
The Wachovia Foundation will not ordinarily make contributions to support certain types of requests. These include, but may not be limited to, the following:
Individuals
Programs of national scope that do not specifically benefit our markets
International organizations
Travel or conferences for employees of non-profit organizations
Political Action Committees, political causes, or candidates
Books, research papers or articles in professional journals
Veteran, fraternal and alumni organizations
Religious organizations, unless they are engaged in a significant project that is nonsectarian and benefits a broad base in the community
Private foundations
General operating expenses for organizations that already receive substantial support through United Way or united arts drives in which Wachovia participates
Sponsorships, events, or projects for which Wachovia and/or its employees receive tangible benefits or privileges
Individual pre-college schools - private, parochial, charter or home schools*
Individual schools in public school systems (other than through efforts to benefit system-wide programs and initiatives or as a part of a Wachovia-sponsored partnership program)*
*Wachovia actively supports individual schools through volunteerism, the donation of books and other in-kind services, and through the Foundation’s Matching Gifts Program.
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