Investment firm launches monthly grant program to assist impactful nonprofit organizations during the COVID-19 pandemic.
Chicago, May 31, 2020 – The pandemic has impacted nearly every aspect of society, and the nonprofit sector has been one of the hardest hit. Before the stay-at-home orders in Illinois, SBB Research Group regularly volunteered for local charities, sponsored and attended fundraisers, and helped raise awareness for underserved causes. After the COVID-19 outbreak, the Chicago-area investment firm has continued to support nonprofit organizations through sponsorships, but its in-person volunteer activities have not been possible under the required social distancing guidelines. Gallup recently reported decreases in both volunteering and donations in the United States, and the percentage of people donating to charity has fallen to a historic low.
In an effort to continue its monthly support and engagement with impactful nonprofits, SBB Research Group is inviting organizations to apply for $5,000 grants, which will be awarded on a monthly basis starting in July and continuing through the rest of 2020.
5-Minute Online Application for $5,000 Grants
SBB Research Group recognizes that organizations have limited time and resources already, so the grant application has been designed to be easy and efficient—just 10 short questions. The application and details of the monthly candidate selection and award process are available online at https://www.sbbrg.org/apply-for-grant. The deadline for the July 2020 grants is June 30, 2020.
Who Can Apply?
Any 501(c)(3) organization may apply, but preference will be given to:
organizations that have been significantly impacted by the COVID-19 pandemic,
organizations that provide aid or services addressing the COVID-19 pandemic,
organizations with five to forty-nine full-time employees, and
organizations operating in the greater Chicago area.
Examples of Organizations Supported by SBB Research Group
SBB Research Group is a proud supporter of many different charitable organizations. Some areas of focus include education (e.g., Alliance for Decision Education, Bernie’s Book Bank, and Greater Chicago K-12 Chess Championship) and social services (e.g., Feed My Starving Children, Surge for Water, and Zacharias Sexual Abuse Center). In addition, the firm offers a scholarship for students pursuing degrees in Science, Technology, Engineering, and Mathematics (STEM).