Capital One Grants
Capital One Bank today launched the ‘Investing for Good Award,’ a new philanthropy program through which Capital One Bank will provide support through volunteerism and grants totaling up to $300,000 to four local nonprofit organizations advancing education, financial literacy, and small business and workforce development in greater New Orleans.
Capital One Bank will accept letters of intent from local nonprofit organizations to participate in the program through May 4, 2011, online at www.cybergrants.com/capitalone/GNOinvestingforgoodawardLOI. Four local nonprofit recipients will then receive support in the form of grants and volunteerism over a two-year period to bolster their efforts to build strong neighborhoods in greater New Orleans. Award recipients are each eligible for grants totaling up to $75,000 over the two-year period.
“The ‘Investing for Good Award’ is a natural outgrowth of Capital One Bank’s long-standing commitment to foster the economic vitality of greater New Orleans,” said Steve Hemperley, Capital One Bank’s Greater New Orleans Market President. “By investing in effective community partnerships and programs, we are working to deliver solutions that can make a tangible difference for the community and each person we reach.”
Eligibility is open to organizations serving the parishes of Orleans, Jefferson, St. Tammany, St. Bernard, St. Charles and St. John. The Letter of Intent and complete award guidelines may be found at www.cybergrants.com/capitalone/GNOinvestingforgoodawardLOI. Letters of intent must be submitted online by 5 p.m. on Wednesday, May 4, 2011. Capital One Bank executives will review all submissions and invite full applications from those organizations selected to receive further consideration. Grants will be awarded in early August 2011.
For interested nonprofit organizations, Capital One Bank will host two informative conference calls – one on April 13, 2011, from 3 p.m. to 4 p.m. and the other on April 14, 2011, from 9 a.m. to 10 a.m. To register, nonprofits should RSVP by April 12 with their organization’s name, contact person, email address and preferred conference call date to InvestingForGoodLA@capitalonebank.com.