Applications opened June 4 for grassroots nonprofits in Palm Beach County to receive their share of $750,000 in grant money offered by the Quantum Foundation.
This year marks the eighth annual Quantum in the Community initiative to help local nonprofits that are working toward a healthier Palm Beach County by meeting the basic needs of residents through food, clothing, shelter, transportation and more.
“As a health funder, we provide assistance to organizations that support whole-health, and having basic needs met is essential,” Quantum Foundation President Eric Kelly said. “These grassroots organizations are our link to making Palm Beach County a better place to live by meeting residents’ most basic needs. Our mission is for residents to experience a better life through quality health, and we believe these organizations are the cornerstone to success. This is our 20th year of grantmaking in Palm Beach County, and this is one of our favorite annual events.”
Strict criteria are set up for those nonprofits applying: the organization must be registered as a 501(C)3; the organization must have been working in Palm Beach County for at least six months; annual operating budget may not exceed $500,000; and the organization must provide basic needs like food, clothing, shelter, utilities and transportation to the county’s most vulnerable residents.
A committee of Quantum Foundation staff and board members will carefully consider each application. Each selected organization will receive a grant up to $25,000 of the $750,000 total. To learn more, visit the Quantum Foundation web site at www.quantumfnd.org/quantum-in-the-community. All applications must be submitted using the foundation’s online system by the July 27 deadline. Funding announcements will be made in the fall with a celebratory breakfast to follow.
In its 20th year of grantmaking in Palm Beach County, the Quantum Foundation has assets of approximately $140 million, and since its inception has awarded more than $125 million to hundreds of local nonprofit grantees. Every dollar the foundation grants stays in the county to benefit local communities. For more information, visit www.quantumfnd.org or call (561) 832-7497.
