About the Foundation of NACE Chapter Grant/Loan Program
To assist NACE chapters that are experiencing financial issues and opportunities during the Covid-19 pandemic, the Foundation of NACE has created a Chapter Grant/Loan Program.
The Chapter Grant/Loan Program provides grants to NACE Chapters to use toward education programming, program development, membership development or general operations. 50% of the financial support will be in the form of a forgivable grant, with the remaining 50% treated as an interest-free loan repaid to the Foundation through annual chapter giving.
A chapter receiving a grant/loan is eligible for additional Foundation grants and programs during the grant/loan period as long as loan repayments are current. If a loan repayment is behind, a chapter will be ineligible for additional Foundation grants and programs during the period of time that the chapter is in arrears.
$15000 in funding has been invested into NACE’s chapter network through this program in 2020. For more information, check out the 2021 Annual Report here!
Chapters who received the grant/loan in 2020 are:
- Twin Cities
- Greater Denver
- Greater Cincinnati
- San Diego
- Silicon Valley
- Broward County/Palm Beaches
- Capital Area of Wisconsin