Grants & Scholarships
We support local community nonprofits on innovative and effective solutions to community-wide issues. We are also dedicated to supporting college education for local students.
Funding from the Ann Arbor Area Community Foundation is awarded to nonprofit organizations through competitive grant cycles. Our grant programs are based on extensive research on national grantmaking practices and local community needs, as well as the philanthropic priorities of our donors.
For example, our Community Grantmaking Program focuses on three priorities:
- Rewarding the success of impactful nonprofits through unrestricted general operating support
- Helping nonprofits build their capacity
- Encouraging innovative “bold ideas”
AAACF is committed to providing impactful and meaningful scholarship awards to local students as they work to earn their degrees. The Foundation offers the Community Scholarship Program (CSP) as well as over 40 other legacy scholarships created from 1963-2016. Typically, applications open in mid-January each year with a March deadline.
Other Community Investments
AAACF holds endowments for more than 115 nonprofits, working in partnership with these organizations. Because AAACF has the administrative expertise to manage and steward all aspects of the endowment, each nonprofit can focus on carrying out its mission.
Endowments provide a way for nonprofits to diversify their funding and build capital for the future. Nonprofits can establish endowments, and so can donors—as current or planned gifts.
Loyal annual supporters of an organization can consider a planned gift—a gift made through your estate—as a way to ensure annual giving to your favorite nonprofit continues in perpetuity. For example, a $20,000 estate gift approximates an $800 check each year!
Charitable Gift Annuities
In 2016, AAACF made great progress on efforts to expand its services to Washtenaw County organizations and donors. With funding from the Ralph C. Wilson, Jr. Foundation, AAACF formally launched its Charitable Gift Annuity (CGA) program. A CGA provides a simple and accessible way for donors to receive life-income and to support a nonprofit endowment. Interested in learning more? Contact us for a personalized conversation.
Nonprofit Loan Fund
After more than 50 years, AAACF has added a new form of charitable support to our portfolio through the launch of a $500,000 Nonprofit Loan Fund. The first of its kind in our region, the Fund offers nonprofits access to low cost, flexible capital in the form of repayable loans. Funds support a nonprofit’s mission to sustainably pursue and achieve outcomes that benefit all residents of Washtenaw County. Learn more here about our Nonprofit Loan Fund.