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Grants to USA Nonprofits to Advance Diversity in the Fields of Entrepreneurship and Investments

Quarterly Grant Program


Agency
Foundation

GrantWatch ID#
201347

Funding Source
Nasdaq Foundation
Array ( )

Geographic Focus
All USA

Important Dates
Deadline: 05/02/25 Save

Grant Description
Grants to USA nonprofit organizations to advance diversity in the fields of entrepreneurship and investments. The goal of the grant program is to facilitate progress in diversifying entrepreneurship and empowering a more diverse group of investors through knowledge and financial literacy.

Driven by Nasdaq's Purpose to advance economic progress for all, the Nasdaq Foundation works with organizations that promote and support under-resourced communities by reimagining investor engagement and equipping communities with the financial knowledge needed to share in the wealth that markets create.

The Quarterly Grant Program allows the Foundation to move quickly to fund and help scale programs that align with its mission.

Program Criteria:

  1. Empower organizations that equip under-resourced communities with the financial knowledge and confidence they need to share in the wealth that markets can create. Grants will be given in this area to organizations and programs which deliver impact in one or more of the following ways:
    • Enhancing financial literacy among under-resourced communities, with an element of teaching participants how to invest in the capital markets
    • Improving access to knowledge and tools for investing and wealth creation among under-resourced communities
  2. Support entrepreneurs from under-resourced communities with the resources to strengthen and scale those businesses and contribute to the prosperity of society.


Recipient

Additional Eligibility Criteria
The Nasdaq Foundation will accept grant requests from:
- Organizations designated as tax-exempt according to §501(c)(3) of the Internal Revenue Service code.
- A for-profit business or consultant acting on behalf of a qualified tax-exempt entity or through a fiscal sponsor that is tax-exempt. Please note that if the grant is awarded, a representative of the tax-exempt entity must sign the grant agreement, and the grant will be paid to the tax-exempt entity.

Ineligible
Entities specifically ineligible for Foundation support include:
- For-profit businesses – generally, entities not designated as tax-exempt according to §501(c)(3) of the Internal Revenue Service code.
- Entities and individuals designated as “disqualified persons” as defined in §4946 of the Internal Revenue Service code.
- Former grant recipients who did not fulfill the terms of a previous grant from the Nasdaq Foundation or another tax-exempt entity.
- Organizations that present a potential conflict of interest with Nasdaq, Inc., Nasdaq Philanthropic Foundation, Inc. or any of their officers or directors.

The Nasdaq Foundation generally does not fund financial literacy projects which focus exclusively on K-12 education.

Pre-Application Information
The deadlines for applications in 2025 are as follows:
o First Quarter: January 31, 2025
o Second Quarter: May 2, 2025
o Third Quarter: August 1, 2025
o Fourth Quarter: October 24, 2025

Proposals should be submitted through the online application portal prior to the quarterly deadline. Submissions received after the posted deadline will not be considered for that quarter.

There is no limit as to the number of proposals a single entity may submit at one time.

Estimated Size of Grant
There is no set minimum or maximum grant amount, though the average size of a grant made by the Foundation is $75,000. The Nasdaq Foundation’s Leadership Team will consider whether the amount requested is commensurate with the project proposed and appropriate for the Nasdaq Foundation’s annual grantmaking target and charitable purposes.

Term of Contract
Generally, grants have one-year terms. The Nasdaq Foundation will consider a multiple-year commitment if the grant seeker can demonstrate the necessity or benefit of multiple-year funding in the grant proposal.


RFP & Supporting Documents
Full Grant Text RFP

Before starting your grant application, please review the funding source's website listed below for updates / changes / addendums / conferences / LOIs.


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