OLD TRENTON NEIGHBORHOOD ECONOMIC DEVELOPMENT GRANTS
This grant program will support economic development projects in the Old Trenton neighborhood. It is being set up by Isles, Inc., a nonprofit that has worked to improve Old Trenton for over 30 years, with funds from the New Jersey Neighborhood Revitalization Tax Credit Program (NRTC).
Economic development for this grant round is defined as projects undertaken by businesses, groups, non-profits or individuals which will help invigorate the economic environment within the Old Trenton Neighborhood and support the overall goals of the Creek to Canal Creative District plan:
Embrace economic development and the arts-based community as catalysts of positive change and restored vitality within the Old Trenton Neighborhood
Meaningfully integrate arts and culture into the revitalization of Downtown Trenton
Strengthen connections and partnerships between Trenton’s many arts and culture institutions, practicing artists, creative businesses, and arts advocates/appreciators
Celebrate and elevate the local arts scene and creative energy pulsing in our city
The Old Trenton neighborhood is defined by the area between Perry Street and East State Street on the north and south, and by Route 1 and North Broad Street on the east and west. This grant program only supports projects physically located inside the Old Trenton neighborhood.
DEADLINE: November 15th at 12pm (noon) EST
Mandatory technical workshops will be held on October 19th and October 30th (see below). All prospective applicants must attend at least one of these workshops.
The application deadline is November 15th at 12pm (noon) EST.
We expect to notify applicants of whether their application was accepted or rejected by the January 3, 2020.
Projects are expected to run from January 15, 2020 to October 15, 2020. There will be an award event at which approved grantees will receive their checks, to provide everyone an opportunity to meet and mingle.
All prospective applicants must attend at least one of the mandatory workshops below:
Saturday, October 19, 11 AM at the Orchid House, 134 East Hanover Street
Wednesday, October 30, 6 PM at Trenton Free Public Library, 120 Academy Street
WHO CAN APPLY
This grant program is open to anyone willing to do or make something good in Old Trenton.
However, please note that grant funds are considered taxable income by the State of New Jersey and the IRS, unless the recipient is tax-exempt. Grant recipients are responsible for all income reporting and all associated tax payments, so please plan accordingly.
Businesses who apply will need to provide proof of business registration in the State of New Jersey, e.g an Employer Identification Number and a copy of the business registration certificate.
If you are not a business or business startup and are not a registered non-profit 501(c)3 organization, you will need to partner with a 501(c)3 fiscal sponsor (see below).
A fiscal sponsor is typically an established 501(c)3 nonprofit organization that agrees to take on the administrative aspects for an organization or individual without 501(c)3 status. The fiscal sponsor receives the grant, handles expenditures (such as purchase of supplies, an artist’s fee) and all the accounting and financial reporting (IRS) requirements. They also monitor that everything is proceeding as planned, and provide assistance with issues that may come up. Fiscal sponsors sign an agreement with the applicant(s), and usually take a fee for taking on the additional work and risk.
I Am Trenton Community Foundation reserves the right to disqualify any applicant that has not submitted satisfactory reports or complied with grant requirements in our other grant cycles.
Applicants may apply for up to $8,000.
WHAT WE FUND
We require all projects to:
Have a clear economic or community benefit rather than being for private gain
Be non-discriminatory, and
Benefit the Old Trenton neighborhood and its residents.
WHAT WE DO NOT FUND
There are a few types of projects that I Am Trenton Community Foundation cannot fund:
Projects or organizations that discriminate on the basis of age, race, gender, national origin, ethnicity, veteran status, sexual orientation, gender identity, or disability.
Debt reduction or on-going operational support
Capital campaigns or fundraising events
Re-granting programs or scholarships
Partisan political activities, lobbying, or efforts to influence an election
Religious activities such as worship, religious instruction, or proselytizing. Religious organizations are welcome to apply for non-denominational activities that are open to all and do not require participation in religious activities or the profession of a specific religious belief.