ELIGIBILITY CRITERIA

Eligibility Criteria

A project should include all of the following criteria to be eligible for a Neighborhood Implementation Grant:

• Potential grantees must have a current 501(c)(3) status and a minimum of three years of audited financial statements. 
  
  
• The project must incorporate Wachovia Regional Foundation’s Guiding Principles for Grantmaking. (More detail on each principle can be found by clicking on the link, “Wachovia Regional Foundation’s Guiding Principles for Grantmaking,” on the Neighborhood Implementation Grants home page.)

1. Compelling 
2. Comprehensive 
3. Accountable 
4. Collaborative 
5. Sustainable 
6. Replicable 
7. Inclusive

• Prior to applying for this grant program, a comprehensive strategic neighborhood plan (completed or updated within the past three years) must be in place for the target area of the proposed project.  The proposed project should reflect the needs and priorities outlined in the neighborhood plan.  The neighborhood plan must address, at a minimum, all four of the goal categories below:

1. Children and Families
2. Economic Development
3. Affordable Housing and Housing Counseling
4. Neighborhood Building

The neighborhood plan must also include, at a minimum, the neighborhood plan components listed below:

1. Neighborhood description
   A. Map of area
   B. Baseline data describing neighborhood conditions 
       (i.e. Census data)
2. Concept/vision of the future of the neighborhood
3. Description and prioritization of strategies to revitalize the neighborhood
4. Description of the activities to be followed to achieve revitalization and, if available, responsible parties to carry out such activities
5. Estimated financial requirements to carry out the activities
6. Timetable for implementing the plan
7. Description of any official plans governing the neighborhood (i.e. City Master Plan)

• Potential grantees must be able to demonstrate the short- and long-term outcomes of the proposed project and how they will be measured and evaluated.

What We Do Not Fund

The Foundation does not support or consider grant requests for:

• General operating costs
• Strategic or business plans for organizations
• “Bricks and mortar” projects
• Individuals
• Political causes
• Candidates/organizations whose primary purpose is to influence legislation
• National and international organizations
• Endowments
• Capital campaigns
• Debt reduction
• Special events

In addition, the Foundation generally does not support pre-college-level private schools, colleges or universities, veteran or fraternal organizations, religious programs or activities, arts/cultural organizations, hospitals or medical centers, or health- and disease-related organizations.

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