OVERVIEW: The Enterprise Holdings Foundation awards grants to LGBTQ organizations across the country.
IP TAKE: Even though this is a rather large foundation, its grants are typically modest. This is not necessarily a funder to approach for organizations looking for high dollar grant amounts.
PROFILE: Jack Taylor, founder of Enterprise Rent-A-Car established the Enterprise Holdings Foundation in 1982. The company now includes the Alamo and National car rentals brand. The foundation broadly aims to “[g]ive back to the communities in which our customers and employees live and work.” Areas of grantmaking focus include community improvement, education and environmental stewardship.
Enterprise does not have a grantmaking program dedicated to LGBTQ communities; however, tax filings indicate a strong interest in this field. Past grantees include organizations such as Parents, Families and Friends of Lesbians and Gays and the Austin Gay and Lesbian Pride Foundation.
Average grant amounts typically fall in the $2,500 to $5,000 range and the foundation limits first time grantees to awards not exceeding $1,500. Grantseekers should note that Enterprise awards more than 95 percent of its grants to organizations actively supported by employees, their spouses/partners and “loyal customers.”
The foundation accepts unsolicited grant applications three times per year and the board meets to make grant decisions on August 1, November 1 and February 1 of each year.
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