Funder: 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: http://tinyurl.com/puxdtkt; 9650 Flair Dr., El Monte, CA, 91731, or 626/279-3876 for questions about the funding opportunity.