Are you a Non-Governmental Organization (NGOs), Nonprofit Organization (NPOs), Community-Based Organization (CBOs), or Social Enterprise? Is your organization or Enterprise legally registered with the Corporate Affairs Commission (CAC) in Nigeria and/or relevant bodies outside Nigeria and within Africa? Then this opportunity is for you.
Aspire Coronation Trust (ACT) Foundation Grant 2024
The ACT Foundation is a grant-making organization that was established in 2016 with the goal of supporting non-profit and social enterprise organizations operating in Africa. The aim is to address various challenges and vulnerabilities across the continent.
They provide grants to initiatives that have a sustainable and high impact on social, economic, and environmental issues in Africa. Their vision is to utilize relationships to create effective solutions for social impact throughout the region. The mission is to develop sustainable societies by engaging in initiatives that unlock potential and empower beneficiaries.
Grant cycles are available in several areas, including:
Organizations who wish to apply for an ACT grant must fulfill the following requirements:
- Work in the focus areas of the ACT Foundation, which include Health, Entrepreneurship, Leadership, and Environment.
- Have been registered with the appropriate legal entity in their respective African countries for at least two years (24 months).
- Possess legal registration as a non-profit organization (GTE/LTD). However, if applying as a social enterprise, the Foundation will only finance initiatives that are not intended for profit.
- Demonstrate a robust governance structure. Details of the board of directors should be reflected in the company’s registration documents. If this is not the case, please provide updated information.
- Provide evidence of other sources of funding.
- Maintain a minimum staff size of three individuals, either part-time or full-time, and on paid contracts.
- Act as the direct entity responsible for project preparation and management, rather than functioning as an intermediary.
- Ensure that the program/initiative will be implemented within Africa.
Frequently Asked Questions
I am an individual seeking financial assistance. Am I eligible for the grant?
The organization does not offer monetary assistance to individuals.
I am raising money for a cause. Am I eligible for the grant?
The grants are directed to organizations rather than through individual fundraising efforts, so we are unable to fund your cause.
What organizations are eligible to receive funding?
They offer funding to Non-Governmental Organizations (NGOs), Nonprofit Organizations (NPOs), Community-Based Organizations (CBOs), and Social Enterprises that are legally registered with the Corporate Affairs Commission (CAC) in Nigeria and/or relevant bodies outside Nigeria and within Africa.
Does the Foundation fund organizations outside Nigeria?
Yes, the Foundation provides funding to NGOs/NPOs/CBOs across the African continent.
I have a funding request that does not align with any of your specific areas of interest. How can I still submit it?”
The Foundation will only consider projects that align with its four focus areas.
Can my organization submit more than one application to the same grant cycle?
Only one application per organization is permitted, which should present an initiative/project aligned with our Foundation’s focus areas.
How To Apply For Aspire Coronation Trust (ACT) Foundation Grant 2024
- To commence your Application, click here.
- Once applicants are selected, they will be asked to submit a comprehensive proposal along with a detailed budget for the grants. These proposals should include a well-defined plan for monitoring and evaluation, as well as a solid sustainability strategy. Independent consultants will thoroughly review the proposals, and once the final selection is made, organizations will receive formal notifications outlining the next stages of the process. This will be followed by interviews and physical visits to further assess suitability.
For further information visit ACT Foundation Grant.
November 10, 2023.
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