Throughout the year we will be awarding eight grants in the amounts of (3)$10,000, (4)$25,000, and (1)$50,000. Applications will be reviewed each month at the monthly board meeting. We will award one grant per month through the month of April 2021.
The guidelines for how G.I.F.T. identifies grant recipients are outlined below:
The business applying for the grant must be majority Black-owned.
Preference will be given to businesses that are located or operate in our identified focus area (64109, 64110, 64127, 64128, 64130, and 64132).
The business must have a detailed itemized breakdown of exactly how the grant dollars would be utilized, and clearly articulate the detailed long term impact on business growth.
Eligible expenses are payroll, inventory, fixed cost (rent, equipment, lease, etc.), and other day to day expenses.
Preference will be given to projects with the highest propensity for job creation.
The business will need to submit proof of their organizational structure and a recent financial statement.
*The applicant may be called for an interview with the Board of Directors to further determine eligibility.