Quarterly Grant Program

Nasdaq Foundation

Relevent Country: United States of America

The Nasdaq Foundation is seeking applications for the Quarterly Grant Program to accelerate progress in diversifying entrepreneurship and empowering a more diverse group of investors, and is accepting grant requests for programs that align with their mission.

Focus Areas

  • Programs designed to empower diverse investors with the financial knowledge and confidence they need to share in the wealth that markets can create.
  • Programs designed to support women and under-represented minority communities with the resources needed to grow and sustain their businesses.

Funding Information

  • 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 grant making target and charitable purposes.
  • Reasonable overhead costs may be included in the grant request, but must be specified.
  • Unless otherwise specified and agreed upon, all grants have one-year terms. Under very limited circumstances, the Nasdaq Foundation will make a multiple-year commitment. It is incumbent upon the grant seeker to demonstrate the necessity or benefit of multiple-year funding in the grant proposal.
  • There is no limit as to the number of proposals a single entity may submit at one time.

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. Please note that if the grant is awarded, a representative of the tax-exempt entity must sign the grant agreement.
  • 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”.
  • 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.

Source: https://www.nasdaq.com/nasdaq-foundation/grant-program