Bank Grants Aid Education, Community Programs

grantsFunder: Cathay Bank Foundation; Opportunity: Foundation grants; Funding Focus: Education, homeless and community outreach; Geographic Focus: Giving primarily in areas of company operations, with emphasis on CA, IL, MA, NJ, NY, TX and WA; Eligibility: Nonprofits; Funding: Multiple awards up to $10,000 each (the foundation made $1.6 million in grants last year); Deadline: Rolling (LOI); the board meets quarterly.

Summary: The foundation places a strong emphasis on nonprofit organizations that are results-oriented and market-savvy. Programs must serve low- and moderate-income (LMI) communities.

Education programs should focus on offering assistance to LMI youths to excel in school and prepare for higher education; financial literacy programs for youth and adults in LMI communities; and mentoring programs for at-risk youths. Homeless grants are made for programs supporting crisis shelters and battered women shelters and those that provide services to children and families at risk.

Info:;  9650 Flair Dr., El Monte, CA, 91731, or 626/279-3876 for questions about the funding opportunity.

About Frank Klimko

Frank Klimko is a nationally known journalist, grants expert and speech writer/speaker. He has years of experience helping nonprofits devise lists of the right funding opportunities and secure funding from these foundations and corporate entities. Clients have focused on an array of areas including child care, homeless, hunger and K-12 education. Additionally, he is a Freedom of Information Act expert, who has helped numerous clients with securing proprietary information from the federal government. Currently, Frank Klimko writes the Children & Youth Funding Report and Private Grants Alert, which are Washington DC-based publications. CYF is a daily publication covering Congress, the Education Dept. and the various federal regulatory agencies. PGA, another daily publication, covers the world of private philanthropy.
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