OVERVIEW: The TJX Foundation is a well-endowed funder that grants millions of dollars each year to thousands of charitable organizations. These grantees serve the young, the underprivileged, and the mentally ill with a variety of services, including mental health counseling, substance abuse treatment, and domestic violence recovery and prevention.
IP TAKE: While the TJX Foundation seeks to provide funding to a large number of organizations, this goal means that award amounts are, on average, comparatively small. The restrictions on which types of organizations it supports are also quite specific, meaning that many potential grantees could be deemed ineligible. All told, grant seekers have a good chance of receiving a minor grant if they meet the right criteria.
PROFILE: The TJX Foundation is the corporate foundation for the TJX Companies, “the leading off-price apparel and home fashions retailer in the U.S. and worldwide.” The TJX Companies includes TJ Maxx, Marshalls, Home Goods, Sierra Trading Post, and Home Sense. The foundation seeks to “provide value to our communities by helping vulnerable families and children access the resources and opportunities they need to build a better future.” It makes its mental health grantmaking through its “Services for victims of domestic violence” funding area.
Organizations must also be in one of the communities that contain a home office of TJX to be eligible. TJX is the parent company of the T.J. Maxx, HomeGoods, Marshalls, and Sierra Trading Post retail chains, so grant seekers will have to see if one of these companies, or TJX itself, has a home office nearby to determine if their organization will be eligible for support. With nearly 2,000 stores in the United States, grant seekers stand a decent chance of meeting that requirement — unless they are based in Alaska.
Grant amounts typically range from $5,000 to $25,000, but a few outliers have received hundreds of thousands in grant money, though those larger grants are generally reserved for large national organizations.
Any organization that meets the TJX Foundation's funding criteria is free to apply at any time. The application process itself is relatively easy and conducted entirely through the website's online forms.
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