Duke Energy accepting letters of inquiry for last cycle of funding
The Water Resources Fund is a $10 million, multi-year commitment from Duke Energy with grants awarded to 501(c)(3) nonprofit organizations and local governmental organizations, including schools and universities, in the Carolinas or immediately downstream of Duke Energy. These projects across the Carolinas will leave a legacy of improved water quality and conservation for decades to come.
The fund supports science-based, research-supported projects and programs that provide direct benefit to at least one of the following focus areas:
• Improve water quality, quantity and conservation
• Enhance fish and wildlife habitats
• Expand public use and access to waterways
• Increase citizens’ awareness about their roles in protecting these resources
Beginning October 1, Duke Energy will begin accepting Letters of Inquiry (LOI); the cycle closes November 1, 2018 at noon. Please note this will be the last grant cycle as we will fulfill Duke Energy's original $10 million commitment to the Water Resources Fund.
The committee will only review up to 50 LOIs each round, so it is important to note that if 50 LOIs have been received prior to the November 1 deadline, the cycle will close at that time.
Organizations may only submit one (1) application per cycle. Recipients are selected by an independent body that includes five environmental experts and two Duke Energy employees. Everyone who submits a letter of inquiry will be notified of the outcome. The top 30 LOIs will advance and be invited to complete a full proposal.
Grants are for one year and will range from $10,000 to $100,000. Favorable consideration is given to grants that leverage other funds or in-kind resources. If the project is/will be ongoing, applicants should have plans for sustainability beyond this grant for continuing projects. Funded organizations will be required to provide reports on outcomes achieved as a result of grants received.
Projects funded to date are varied, to include providing additional public access along rivers, protecting wetlands and permanently protecting land along our rivers. The priorities for the grants include geographic diversity, meaningful, powerful impact on community and environment, and sustainable projects with plans for longevity and collaborative partnerships.
The North Carolina Community Foundation (NCCF) serves as program administrator. Applicants can submit their letters through the NC Community Foundation site. The website has been updated with additional information about what the committee considers when awarding a grant.
