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.
