Hancock Whitney Community Reinvestment Act Program
Competitive grant opportunities to help nonprofits broaden community development efforts across the five Gulf South states the bank serves. Funding for the 2020 competitive grant program—which is part of Hancock Whitney’s Community Reinvestment Act (CRA) program—totals $200,000.
For the third year in a row, Hancock Whitney, in partnership with the Greater New Orleans Foundation, is offering competitive grant opportunities to help nonprofits broaden community development efforts across the five Gulf South states the bank serves. Funding for the 2020 competitive grant program—which is part of Hancock Whitney’s Community Reinvestment Act (CRA) program—totals $200,000.
Hancock Whitney will consider grant requests from eligible 501 (c) (3) organizations providing technical assistance and promoting the growth of businesses with revenues of $1 million or less. Nonprofit organizations with programs targeting women and minority-owned businesses are encouraged to apply.
“Hancock Whitney is honored to partner again this year with the Greater New Orleans Foundation to offer competitive grants that help nonprofits continue providing invaluable services and resources to businesses that are the lifeblood of the communities we serve—especially during these uncertain economic times,” said Hancock Whitney Community Reinvestment Act and Fair Lending Director Sunada Brookins. “We believe these grants will help area nonprofits continue to make a difference and, in turn, help sustain businesses critical to our local economies.”
The Greater New Orleans Foundation manages the grant application process. Hancock Whitney reviews applications and awards grants to qualifying nonprofits according to a competitive assessment that measures overall community impact.
“GNOF is proud to again partner with Hancock Whitney to help provide grants and support to nonprofits in our region who have weathered the pandemic as well as natural disasters this year,” said President and CEO of the Greater New Orleans Foundation Andy Kopplin. “We especially applaud Hancock Whitney for their leadership to invest in nonprofits supporting women and minority-owned businesses. These types of philanthropic investments will not only strengthen nonprofits but will also strengthen our small businesses and local economies.”
Hancock Whitney supports 501 (c) (3) organizations serving 30 Metropolitan Statistical Areas (MSAs) and non-MSAs in Alabama, Florida, Louisiana, Mississippi, and Texas. Last year 16 nonprofits in five states earned Hancock Whitney competitive grants totaling $200,000.
How to Apply
Now through October 31, 2020, eligible 501 (c)(3) organizations located in one of Hancock Whitney’s 30 assessment areas in Alabama, Florida, Louisiana, Mississippi, and Texas may apply digitally for competitive grants of up to $25,000 through the Greater New Orleans Foundation online application portal here.
All applications are due via the online portal no later than October 31, 2020. The Greater New Orleans Foundation will only accept applications submitted electronically. Applications received after the deadline will be ineligible for review.
The application process requires a tax identification number and includes a review for current standing with the Internal Revenue Service. By submitting a proposal, non-profit organizations consent to sharing their application, financial information, and other details related to their application with Hancock Whitney and the Greater New Orleans Foundation. Application documents are stored electronically.
Learn Before Applying
The Greater New Orleans Foundation technology partner, Foundant, created a brief tutorial for applicants here. Hancock Whitney and the Foundation strongly encourage all applicants to watch this video before beginning a new application to better understand the application process.
About Hancock Whitney
Since the late 1800s, Hancock Whitney has embodied core values of Honor & Integrity, Strength & Stability, Commitment to Service, Teamwork, and Personal Responsibility. Hancock Whitney offices and financial centers in Mississippi, Alabama, Florida, Louisiana, and Texas offer comprehensive financial products and services, including traditional and online banking; commercial and small business banking; private banking; trust and investment services; healthcare banking; certain insurance services; and mortgage services. The company also operates a loan production office in Nashville, Tennessee, as well as trust and asset management offices in New Jersey and New York. BauerFinancial, Inc., the nation’s leading independent bank rating and analysis firm, consistently recommends Hancock Whitney as one of America’s most financially sound banks. More information is available at www.hancockwhitney.com.
About the Greater New Orleans Foundation
With roots extending over 90 years, the Greater New Orleans Foundation has been connecting generous people to the causes that spark their passion. As one of the most trusted philanthropic organizations in the region, we work every day to drive positive impact through philanthropy, leadership, and action in our thirteen-parish region of Southeast Louisiana. In addition to grant-making, we convene people, resources, and ideas to create intelligent strategies and solutions to meet our region’s greatest challenges. We are proud to serve as a vocal civic leader with our partners to ensure a vibrant, sustainable, and just region for all. More information is available at www.gnof.org.