RBC Blue Water Project Leadership Grant Update
July 2008 — The first Leadership Grant period
of the RBC Blue Water Project is now closed.
We received 206 applications from organizations, with requests
in excess of $25 million to support initiatives that protect
watersheds and ensure access to clean drinking water around
the world.
Now, our team of professional grant-makers will do a thorough
evaluation of each of the 206 applications. We will create
a shortlist of those that best meet our criteria and will
then engage our regional grant-making professionals and RBC
Blue Water Project Advisory Panel to determine which of the
206 applications should be recommend for funding. Then, the
final list will be submitted the RBC Foundation Board of Directors
for approval.
Successful grant applicants will be notified in September,
2008. Grant applicants that are not successful this time may
apply for funding during the next grant period. The next deadline
for Leadership Grant applications is March 06, 2009.
The RBC Blue Water Project is a ten-year, $50-million commitment.
We have pledged $10 million to One Drop, and will disburse
the remaining $40 million between now and 2018.
In 2008, we expect to provide funding of $1.2 million in
Leadership Grants, and $200,000 in Community Action Grants.
From 2009 to 2019, we will provide Leadership Grants twice
a year, and Community Action Grants on an ongoing basis.
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