Funding for Programs Advancing Sustainable Financial Systems in Connecticut (USA)
GrantID: 75167
Grant Funding Amount Low: $300,000
Deadline: Ongoing
Grant Amount High: $300,000
Summary
This grant opportunity is designed to help nonprofit organizations enhance their financial management practices, ensuring long-term sustainability and organizational effectiveness. Funding is available to nonprofit organizations of varying sizes, particularly those with annual operating budgets above a certain threshold and may include organizations serving a regional or statewide population. The program seeks to support nonprofits in building stronger financial systems, improving operational transparency, and enhancing strategic decision-making.
Eligible applicants may request funding to implement recommendations from a financial assessment or training program. Possible uses of the funds include hiring or contracting finance staff, engaging consultants for financial system improvements, purchasing accounting software and related hardware, and providing financial management training to staff or board members. The intent of the funding is to help organizations develop robust processes that strengthen their financial health and capacity to deliver on their missions effectively.
Grants are structured to provide support proportional to an organization’s size and scope, with awards generally ranging from mid-five figures. Organizations are evaluated based on organizational needs, potential impact, and the alignment of proposed projects with long-term financial sustainability goals. In addition, the program includes access to low-interest loans for working capital, equipment purchases, and other operational needs, supporting organizations that may experience temporary cash-flow challenges.
This grant opportunity is available to nonprofits within a defined service area, though organizations serving broader regional or statewide populations may also be eligible. Funding is awarded on a competitive, individually reviewed basis, and organizations are encouraged to demonstrate how the proposed use of funds will produce measurable improvements in financial management practices.
This program provides nonprofits with resources, guidance, and financial support to enhance operational efficiency, strengthen internal controls, and ensure sustainable impact within their communities.
If you are located in Connecticut and working in the area of Community Development & Services, this funding opportunity may be a good fit. For more relevant grant options that support your work and priorities, visit The Grant Portal and use the Search Grant tool to find opportunities.
Eligible Regions
Interests
Eligible Requirements
