Babcock Foundation Grant
(Social and Economic Justice)

Mary Reynolds Babcock Foundation

Funding Amount

Varies (large grants awarded)

Matching Funds

Funding Cycle

Rolling Applications

Description

Organizations may use funds for:

- General operating support
- Project support
- “Glue” support for networks of grassroots and partner organizations
- Organizational development

Size and duration of grants: The size and duration of grants are matched to an organization’s scale of impact, needs, capabilities and opportunities. Once invited to apply, potential grantees will work with a network officer to determine the amount and duration of grants

Program-related investments: We look for opportunities to make below-market-rate investments to spur economic development in low-wealth communities. The Foundation typically makes these PRIs to community development financial institutions with missions and impacts consistent with our grant-making priorities

Who Can Apply

Local, statewide, regional and national nonprofits serving the South that have track records of helping people and places move out of poverty and achieve greater social and economic justice. We look for the most promising opportunities to support power building work to advance racial equity and social and economic justice

Application Process:
1. A prospective grantee partner submits an organizational summary at any point in the year
2. MRBF staff review the organizational summary to determine whether to invite the organization to submit a full grant proposal
3. MRBF staff provide full application instructions and guidelines to any organization invited to apply
4. Once the full proposal is received, staff will conduct a series of conversations and a meeting to learn about the organization
5. If the organization is a good fit for MRBF funding, staff will write a recommendation to the board of directors for approval
6. The board of directors reviews proposals and approves grants each February, June and October