July 31 Deadline to Apply for $500,000 Accelerating Change Together (ACT) Grant
July 10 2024 - 3:23PM
PR Newswire (US)
NEWPORT
NEWS, Va., July 9, 2024 /PRNewswire/ --
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WHAT:
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The July 31, 2024,
deadline to apply for the $500,000 ACT Grant is quickly
approaching.
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The BayPort Foundation,
Ferguson, Newport News Shipbuilding, a division of HII, and
Virginia Natural
Gas announced a community partnership to fund a three-year,
$500,000 transformational grant called
Accelerating Change Together (ACT).
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This year's grant focus
will be Education and Workforce Development. The grant will run
from 2024 to
2026 and aims to invest in the Hampton Roads nonprofit community to
build upon education and
develop a skilled workforce that benefits the nation.
|
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Subject to the
Contributions Committee's annual review of the nonprofit's
demonstrated effectiveness
in submitting the application, the recipient will receive a
step-down grant in the following yearly
payments.
- Year 1:
$250,000
- Year 2:
$175,000
- Year 3:
$75,000
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The ACT Grant was
initially launched in 2022. The inaugural year's grant provided an
instant lift in
equipment funding, enabling the Virginia Beach Education Foundation
and Virginia Beach City Public
Schools (VBCPS) to add a new two-year, half-day Advanced Technology
Center Renewable Energy
Technologies program.
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WHO:
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Local 501(c)(3)
nonprofits headquartered within the Greater Hampton Roads, Virginia
geographic
footprint are encouraged to apply.
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WHEN:
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The application
deadline is Wednesday, July 31, 2024.
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WHERE:
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Eligible
nonprofits can apply online at www.actgrant.org.
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About BayPort
In 1928, 12 shipyard
workers from Newport News Shipbuilding formed an organization with
a specific purpose as a low-interest source of loans and a trusted
place to deposit money. Today, BayPort Credit Union is rated a
Superior 5-Star credit union by Bauer Financial, managing
$2.4 billion in assets and servicing
152,000 individuals and businesses with 28 branch locations
across the Virginia Peninsula and
Southside communities. Visit us at
www.bayportcu.org.
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SOURCE BayPort Credit Union
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