|Funding Opportunity: Mazda Foundation|
Neighborhood Networks provides potential funding sources to help centers develop and improve programs and services. Featured this week is the Mazda Foundation.
The Mazda Foundation extends the corporate giving mission of Mazda North American Operations. Headquartered in Irvine, California, Mazda North American Operations oversees the sales, marketing, parts, and customer service support of Mazda vehicles in the United States, Canada, and Mexico through nearly 900 dealers.
Program Areas: Since its inception in 1992, Mazda Foundation contributions have exceeded $5.8 million in communities nationwide. The operating budget of the Mazda Foundation is approximately $400,000 each fiscal year.
The Mazda Foundation awards grants to programs promoting:
- Education and literacy.
- Environmental conservation.
- Cross-cultural understanding.
- Social welfare.
- Scientific research.
Target Areas: National.
Eligibility: The Mazda Foundation awards grants to organizations with valid Internal Revenue Service (IRS) 501(c)(3) tax-exempt status. The foundation does not fund:
- Political organizations.
- Religious organizations.
- Fundraising dinners or events.
- Capital building, endowment, or debt reduction drives.
- Requests from foreign countries.
Award Amount: Award amounts vary.
Application Process: Eligible organizations must first complete an application and return it between May 1 and July 1. Applications should be e-mailed or mailed to:
1025 Connecticut Avenue, NW, Suite 910
Washington, D.C. 20036
If the application is of interest to the Mazda Foundation, the organization will be required to submit a formal proposal. Based on the information received, a meeting between foundation officers and the organization may be scheduled. Only those organizations contacted for a more in-depth discussion should submit a formal proposal.
A formal proposal should include:
- Verification of IRS 501(c)(3) tax-exempt status.
- Organization’s mission statement.
- Purpose and objectives of the proposed program.
- Detailed outline of the project accompanied by an implementation schedule.
- Proposed budget for the project.
- Plans for evaluation program accomplishments.
- Most recent financial statements.
- Names and affiliations of trustees of board of directors.
- List of major contributors.
Deadline: Grant applications are only accepted from May 1 through July 1. Applications are reviewed in August. Mazda Foundation Board members make their final decisions on grant proposals in October at their annual meeting. Organizations are notified of their status by early November.
Contact: For more information, visit the Mazda Foundation Web site.
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