Competitive awards advance community reinvestment across Gulf Coast
NEW ORLEANS (September 27, 2022)—For the fifth year in a row, Hancock Whitney, in partnership with the Greater New Orleans Foundation, is accepting competitive grant applications from eligible nonprofit organizations that promote access to homeownership, affordable housing development and housing rehabilitation across the five Gulf Coast states the financial institution serves.
Hancock Whitney will consider requests from eligible 501(c)(3) organizations that focus on affordable housing services to underserved and low to moderate-income communities located within the Hancock Whitney service areas.
Eligible organizations working for these vulnerable communities to increase the rate of homeownership and preserve affordable housing are encouraged to apply. Funding for the 2022 Hancock Whitney Opportunity Grants is part of Hancock Whitney’s Community Reinvestment Act (CRA) program.
The application deadline is October 21, 2022.
“Homeownership can be life-changing for buyers, while also fueling local economies and strengthening neighborhoods,” said Hancock Whitney Senior Manager, Community Development Programs, Ashley Aubrey Harrison. “We understand the vital need for expanding access to homeownership and preserving affordable housing and are honored to partner again with the Greater New Orleans Foundation to offer these grant opportunities. We know these funds can influence change and assist organizations that wholeheartedly extend their hand to neighbors needing extra support,” said Harrison.
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.
"The Greater New Orleans Foundation is honored to be part of this remarkable initiative that Hancock Whitney is leading under their Community Reinvestment Program. Prioritizing equity while investing in our communities as Hancock Whitney is doing is a great model of 'giving in action'," said President and CEO of the Greater New Orleans Foundation Andy Kopplin." Through this endeavor, we can drive together a positive impact across the Gulf Coast."
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 22 nonprofits in five states earned Hancock Whitney competitive grants.
How to apply
Now through October 21, 2022, eligible 501 (c)(3) organizations located in one of Hancock Whitney’s 30 assessment areas may apply digitally for competitive grants of up to $25,000 through the Greater New Orleans Foundation online application portal by visiting hancockwhitney.com/grants.
All applications are due via the online portal no later than October 21, 2022. 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 at support.foundant.com/hc/en-us/articles/4479853059991-GLM-Applicant-Tutorial. 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. 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 nearly 100 years, the Greater New Orleans Foundation has over 1,000 different philanthropic funds and assets of $460 million. The Foundation serves the 13-parish region of Southeast Louisiana including Assumption, Lafourche, Terrebonne, St. Charles, St. James, St. John, St. Tammany, Jefferson, Orleans, Plaquemines, St. Bernard, Tangipahoa, and Washington. Over 900 nonprofits from the region participate in its annual online giving day, GiveNOLA Day, which has raised over $47 million for nonprofits in the last nine years. The Greater New Orleans Foundation has responded to every disaster since Hurricane Katrina, when it led the Unified Community Planning Effort and a $23 million affordable housing fund. More recently, it raised and distributed nearly $7 million in response to the COVID-19 pandemic. In response to Hurricane Ida, the Foundation has already raised over $4 million from more than 1100 individual donors, corporations, and foundations and has dispersed funds to help nonprofits pre-position for Hurricane Ida response efforts.
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