Alterna Financial Inclusion Granting Program 2025 (up to $20,000) – YOA

Deadline: May 30, 2025

Applications are open for the Alterna Financial Inclusion Granting Program 2025. Alterna is proud to supply the granting program yearly to present funding alternatives for registered charities, integrated nonprofits, co-operatives with out share capital, and unincorporated associations that positively impression communities.

Through Alterna’s Financial Inclusion Granting Program, organizations can apply for a grant for modern initiatives that work to handle points of monetary inclusion and/or monetary training amongst underserved communities. Emphasis is positioned on initiatives that supply alternatives for scale or replication to different communities and partnership with Alterna.

Grant

• Grant of up to $20,000 can be offered to help chosen initiatives.

Eligibility

Alterna’s Financial Inclusion Granting Program helps:

• Registered charities
• Incorporated nonprofit organizations
• Co-operatives with out share capital
• Unincorporated associations are eligible with the sponsorship of an eligible integrated group. A letter of help from the integrated group is required with the application. Cheque can be issued to the sponsoring integrated group. Sponsor group should submit Articles of Incorporation, Letters Patent, or charitable standing. Alterna will solely situation cheques to integrated teams.
• While membership in Alterna is just not a requirement for grant funding, desire can be given to member organizations.

Application

Completed functions are submitted to [email protected]. See Application Guidelines for detailed data on what to embrace in your group’s application. A whole application will embrace the next data:

• Step 1. Letter of Inquiry: If your group has an thought or program that you just imagine could be a great match for the Financial Inclusion Granting Program, submit a most 2-web page Letter of Inquiry (LOI) detailing the initiative.
• Step 2. Request for Proposal: Alterna’s Community Impact Department will assessment all LOIs and invite a restricted variety of organizations to submit full Proposals for funding.
• Step 3. Proposal Submission: Alterna will solely contemplate proposals from organizations which were invited to submit a full Proposal primarily based on their beforehand submitted LOI. In addition to increasing intimately on the content material requested for the LOI submission, organizations can be requested to elaborate within the Proposal.
• Step 4. Application Review: Received Proposals can be reviewed by an inner Committee of Alterna staff. Proposals can be evaluated on a number of standards together with potential for replication or scale of the initiative, impression, and measurable outcomes.
• Step 5. Grant Approval: Alterna will inform all candidates as to the standing of their functions upfront of recipient bulletins. Successful candidates can be introduced all through Financial Literacy Month in November on Alterna platforms.

Letter of Inquiry deadline: Friday, May 30, 2025, at 11:59 pm ET whereas the Proposal deadline: Monday, June 30, 2025, at 11:59 pm ET.

For extra data, go to Alterna Financial Inclusion Granting Program.