The Freeman Challenges — Endowment and Board-Restricted Cash Reserve Matching Grants

About this program

The Greater New Orleans Foundation offers The Freeman Challenges, providing matching grants to help nonprofits in the Greater New Orleans region establish or grow endowments or board-restricted cash reserves. The program matches $1 for every $2 raised, with tiers up to $75,000 for endowments and $15,000 for reserves. Applicants must be 501(c)(3) public charities operating for at least 5 years, headquartered in the 13-parish region, and have an endowment under $1,000,000. Eligibility requires board approval, attendance at the prerequisite workshop, and adherence to application cycle restrictions.