Cisco is currently acception applications for Global Impact Cash Grants from ngo’s and social enterprises from around the world who offer an innovative approach to a significant social problem.
Cisco accepts applications year round from eligible organizations. An initial information form is used to determine whether or not your organization will be invited to complete a full application. First time applicants can request a maximum amount of US$75000 (Rs 45 Lakhs) in funding grant-in-aid support.
CISCO Global Impact Cash Grants
To know more about the CISCO global impact cash grants and to determine if your organization is eligible to receive grant funding, please visit : http://csr.cisco.com/pages/global-impact-cash-grants
Eligibility Requirements for Global Impact Grants
Global Impact Cash Grants multiply the impact of eligible organizations around the globe with national or multinational operations. Before applying, invited nonprofits can determine their organization’s eligibility by reviewing the requirements below and Grant Giving Policies.
- Organizations within the United States must be recognized by the IRS as tax exempt under Internal Revenue Code Section 501 (c)(3), and classified by the IRS as a public charity.
- Organizations from outside the U.S. must (a) provide information and documents to determine whether the organization is the equivalent of a U.S. public charity, or (b) agree to sign and comply with an expenditure responsibility contract. Cisco will determine whether (a) or (b) is appropriate for a particular organization.
- Organizations to be funded must serve an audience greater than 65 percent economically underserved relative to the average standards of the target geography.
- Organizations and programs must focus on at least one of our social investment areas: access to education, economic empowerment, or critical human needs.
- An organization’s overhead is not to exceed 25 percent. (Organizations are occasionally exempt from this requirement; however, they must be exceptionally aligned with Cisco’s values and criteria, and they must clearly explain and justify their overhead costs. Exemptions to the requirement on overhead expenses are determined on a case-by-case basis.)