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Community Partnership Fund: Financial Prosperity

Announcement of Funding Availability Fiscal Year 2019-20 Community Partnership Fund – Financial Prosperity

An email of Intent to Apply is due by March 11, 2018, to Lee Stewart, Metro Social Services, lee.stewart@nashville.gov

The Premise

Helping a financially struggling family to manage household finances better has widespread benefits, in housing, food and nutrition, education, healthcare, and more.

Community Partnership Fund Financial Prosperity Goal

Help eligible Promise Zone families to address emergency financial needs and establish financial sustainability through case management, services, and enrollment with the  Metro Financial Empowerment Center.

Eligibility

One or more members of family households (at least one child under age 18 and at least one adult, residing together) earning less than 80% of the Area Median Income, who reside in the Nashville Promise Zone:

  • Families who are already enrolled in and are working with the Financial Empowerment Center, who are referred to an agency by the center for support to help them continue working on their financial goals
  • Families in need of financial counseling referred to the Financial Empowerment Center by agencies as part of their agency service plans

Promise Zone Map

Promise Zone Census Tracts

Outcomes Expectations

Projects must track and document outcomes, including Financial Empowerment Center and Promise Zone data through the use of client information releases.

Examples include:

  • Project participant demographics: Evidence of residence in Promise Zone, participant gender, age and race/ethnicity, number and ages of children
  • Agency service plan goal achievement
  • Initial financial assessment of project family households
  • Family household change in debt status, banking status, savings amount
  • Evidence through follow-up of whether or not families continued to use learned financial sustainability actions for at least 3 months

 Who May Apply

  • Entities with a 501(c)(3) designation of exemption from federal taxation from the Internal Revenue Service; or proof of incorporation as a non-profit with registration identification number provided by the Secretary of State as a Charitable Organization
  • Applicant must have been in existence for at least one (1) year by application due date
  • Recipient must provide a copy of an audit conducted by a certified public accountant for latest complete fiscal year [may be waived for non-profits with annual budgets of less than $50,000 and requests for grants of less than $5,000, per Ordinance No. BL2013-578]
  • Recipient must be in compliance with contract requirements of grant awards from Metro in any previous years
  • Non-profits applying for direct appropriations are ineligible to submit applications for CPF

Funding

Non-profits may apply for up to $50,000 in one priority area (e.g. Financial Prosperity). In the event that an insufficient number of competitive proposals are received to exhaust the $200,000 budget for Financial Prosperity, then the evaluation committee has discretion to award more than $50,000 per non-profit. Similarly, the evaluation committee can partially fund proposals. In both scenarios, Metro Social Services will work with non-profits to revise the proposed scope of work accordingly.

Application Requirements

All proposals must include the following components:

  • Purpose of the proposed project, including other community stakeholders/partners involved in development and implementation of the project.
  • Details about the project’s goals, objectives and activities, and outcomes
  • Spending Plan and Narrative: Funds may be used to support project activities such as costs related to salaries, materials, supplies, client financial aid including transportation, etc., but may not be used for operational support for existing projects and activities that are not directly related to the proposed initiative.
  • Describe how the project will continue after the end of the Community Partnership Fund grant.

Pre-Application Technical Assistance

A technical assistance workshop will be offered to prospective applicants. The purpose of the workshop is to review the solicitation and respond to questions. We encourage everyone who meets eligibility requirements to attend.

Project Monitoring

Metro Social Services may schedule a monitoring visit at any time during the grant period. However, normally two monitoring visits will be scheduled, one in January and one in July.

Reporting Requirements

A report may be required after a monitoring visit if issues are found which require explanation or correction. A final report will be required. Specific instructions will be given to successful awardees. The final report will be due within 30 days following the end of the grant funding period.