Regional Investment Grants

Regional Investment Grant applications are now closed.

Regional Investment Grants are available to organizations that serve or operate in Baxter, Clark, Drew, Hot Spring, and Saline Counties. For more information about using our grants portal, click on "How to Apply Using Foundant" below. Applications will be due Friday, July 30.

If you are interested in applying, click through the tabs below to learn more or download our summary here. For more information or if you have any questions, please contact Mollie Palmer at mpalmer@heartaruw.org.

  • Minimum Grant request is $1,000
  • July 6: Grants Available
  • July 31: Grants Due
  • Early September: Grant Announcements Made
  • Grants will be paid in quarterly installments: September, December, March and June

Regional Investment Grants will focus on administrative support and capacity building. Applicants should be able to demonstrate how the work of their agency aligns with United Way's focus areas of Education, Financial Stability, and/or Health.

Education – Preparing children, youth and young adults to succeed in school and life.
Financial Stability – Helping individuals and families pave a path to financial independence.
Health – Helping individuals live healthy, independent lives.

In addition, grant applicants should demonstrate how their work directly impacts those most impacted by COVID-19.

All applicants must meet and provide evidence of the following requirements:

  • Recognized 501(c)3 non-profit, tax exempt organization and/or a tax-exempt entity by the IRS
  • Locally based volunteer board of directors or management body that meets at least quarterly, makes policy decisions and holds election of officers
  • Registered with the Arkansas Secretary of State, if required
  • Serve or operate in Baxter, Clark, Drew, Hot Spring or Saline Counties 
     

Financial Requirements:

  • Total Revenue up to $199,999: Must submit signed copy of IRS form 990 (or 990EZ) and compiled financial statements issued by an independent certified or licensed accountant
  • Total Revenue of $200,000-499,999: Must submit signed copy of IRS 990 and independent financial review by certified or licensed accountant
  • Total Revenue of $500,000 or greater: Must submit signed copy of IRA form 990 and audited financial statement issued by certified or licensed accountant.
     

Grant Guidelines:

  • Grant funds may be spent for general administrative support or capacity building.
  • Grant funds cannot be sought for capital expenditures such as building, plans, construction or renovation.
  • Grant funds cannot be sought for proselytization.

To learn more about how to use our application portal, watch the videos below.