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Community Investment Plan Scholarships Spring Grant Cycle Fall Grant Cycle Grant Applications

Applying for Grants

gfcu will award financial grants following one of two intake periods:

Spring Grant Cycle

Jan - Feb via the Phoenix Foundation of the Boundary Communities granting process

Letter of Intent Submission: Jan 1, 2019 - Feb 23, 2019
Formal Grant Proposal Due: March 31, 2019
Learn More >

Fall Grant Cycle

Aug - Sept disbursed and administered by Grand Forks Credit Union

Letter of Intent Submission: Aug 1, 2018 - Sep 30, 2018
Formal Grant Proposal Due: October 15, 2018
Learn More >

If your project falls under one of the five areas of focus, and you are eligible based on the criteria below, then it is time to move on to the next step.

Community
Investment


The following items can
qualify for granting from gfcu:

  • Capital projects including construction and equipment purchases
  • Not-for-profit organizations, cooperatives, charitable organizations
  • Individuals organizing Not-for-profit projects within the Boundary Region
  • Both members & non-members of gfcu
  • Projects that will positively improve quality of life for a proportionate number of Boundary residents
  • Projects that show strong organizational ability, and have a planned implementation process, and metrics in place to measure success / failure
  • Items that can encourage regional innovation
  • Projects that can increase and foster regional collaboration and partnerships
  • Realistic goals and expectations

Community
Investment


The following items cannot
qualify for granting from gfcu:

  • Retroactive funding or any project expenses incurred prior to the decision date
  • Debt retirement or reserves
  • Mortgage pay-downs
  • Fund raising activities
  • Activities of religious organizations that serve primarily their membership and/or their direct religious purposes
  • Political projects
  • Projects that have an impact on only a small proportion of residents
  • Sabbatical leaves or student exchanges
  • Publication of books
  • For profit capital projects
  • Projects occurring outside of the Boundary Region
  • Un-budgeted projects
** Please note, that although we cannot provide grants to these projects, we do still have some very flexible and preferential lending opportunities for qualifying organizations and individuals. Please don’t hesitate to contact us to know all of your options. **



Regardless of the granting cycle you are in, step 1 will be the submission of your “Letter of Intent” to gfcu. When a granting cycle is open, these letters will be available online, as well as in branch, and will be reviewed by the appropriate committee(s) upon submission.

All projects that qualify for consideration will be notified, and may be asked to complete a full grant proposal.

The actual disbursement of funds will occur twice annually and will align with the gfcu AGM (mid April) and Credit Union Day (third Thursday in October).