Grant Details

Eligibility Details

The Foundation will place a strong emphasis on nonprofit organizations that are results-oriented and market-savvy. The organization's programs and services must:

• Target the low- and moderate-income population;
• Display leadership and vision in the community;
• Provide tangible benefits to the communities they serve;
• Have an effective system to measure and report results with a demonstrated track record;
• Have established strategic alliances with the community to face expected challenges;
• Have 501c(3) tax-exempt status from the IRS;
• Be equal opportunity employers;
• Display fiscal and administrative stability.

The Cathay Bank Foundation cannot support the following:

• Organizations without 501(c)(3) status;
• Organizations/programs that are not aligned with the Foundation's mission;
• Organizations that are located or benefit areas outside Cathay Bank's communities;
• Private foundations;
• Organizations with missions to influence or participate in political campaigns on behalf of or against a candidate or initiative;
• Organizations that channel grant funds to third parties;
• Service club activities;
• Funding of travel and related expenses for any organization.

Deadline Details

All nonprofit organizations wishing to apply for a grant through the Cathay Bank Foundation must be invited by a Cathay Bank or Foundation Officer. The Cathay Bank or Foundation Officer will then direct your nonprofit organization to the link to submit a Letter of Intent (LOI).

Award Details