Other community funding resources
El Pomar Emergency Grants
The El Pomar Emergency Fund, administered through Pikes Peak United Way, provides emergency grants to area nonprofit organizations for emergency direct client assistance. The program was founded in 1989 with a gift of $1,050,000 from the El Pomar Foundation. The gift established an endowment of $1,000,000 and provides $50,000 in annual funds for distribution.
The endowment principal is restricted, and can only be invested in “a conservative program of government securities designed to minimize the loss of principal while maintaining a steady income stream.” The income from the investments is to be used to provide “direct assistance to those in need."
Eligibility Requirements
Agency must be an IRS-verified 501(c)(3)
Funding Cycle
N/A, though money must be spent within one (1) calendar year of receipt
Application Timeline
Agencies should apply at the time of need
Allocation Process
The agency must submit an application for any grant. The agency’s financials are then reviewed first by the Stewardship Committee. This group of accounting professionals ensures that there is genuine need in the agency, that the agency is running in a fiscally responsible manner, and that they have a plan in place for long-term financial sustainability beyond this immediate crisis.
If approved, it is considered from an overall community impact perspective by the Community Impact Committee. This group is made up of corporate, government, and nonprofit leaders who are well informed about community needs. After discussion, they make a decision and a recommendation for funding amount.
Funds are expected to be expended within a twelve-month period from their receipt. A final report outlining fiscal and programmatic grant activities must be submitted to Pikes Peak United Way by the receiving organization at the end of the twelve month period or as soon as all the funds have been expended, whichever comes first.
Some examples of approved El Pomar Emergency Grants include: Alano Recovery Homes for a bed-bug outbreak, Westside Community Center for continuation of specific services as a result of a collaborative effort of Westside Partners including Woodmen Valley Chapel, Homeward Pikes Peak and their Homeless Outreach Program serving tent campers in the city, and Springs Rescue Mission’s adoption of the Resource Advocate Program.
PPUW Point of Contact
Link to external website
N/A
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