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Capital One Foundation

Capital One Foundation seeks to invest in their communities so that they can relationships among community members – neighbors, small business owners, our associates, and those nonprofit partners who enable Capital One to expand our reach and use their resources for good. In this way, they believe that both the community and their business benefit. Their philanthropy program provides grants to national and local organizations that support education, financial literacy and community development initiatives.

In addition, Capital One builds partnerships with nonprofit organizations with missions that complement these focus areas. By combining their philanthropic dollars with strong, enduring partnerships, they are able to maximize the number of residents they reach and the overall impact they have within a community.

Focusing Our Support: To have the greatest impact, they focus their efforts on:
  1. Education - Capital One provides opportunities for children and youth to access education and enrichment activities that prepare them for successful futures, including: Day care/early childhood education, literacy, after school programs and college access.
  2. Community Development - Capital One strengthens low-income neighborhoods by supporting national and local community development efforts, including: Workforce development, affordable housing and small business development.
  3. Financial Education - Financial education empowers all individuals to make wise financial decisions that protect and enhance their well-being. Capital One provides financial literacy tools and resources, as well as financial support for: Youth financial education and adult financial education
  4. Geographic Focus - Capital One provides funding for these programs in the following locations:
    • National initiatives
    • Louisiana
    • New Jersey
    • New York
    • Texas (not accepting grants in 2010)
    • Virginia
    • Washington, DC
It appears that we have possibility to seek funding for National BDPA's Member Services business area *or* local BDPA chapters in Baton Rouge, New Jersey, New York, No. Virginia, Richmond or Washington DC. Do you have any Capital One employees working with your organization? That would be very helpful.

Replies to this Topic

BDPA Education and Technology Foundation (BETF) and BDPA Baton Rouge chapter partnered on a $5,000 grant proposal to the Capital One Foundation. We are working our request through the community affairs officer located in Louisiana.

Capital One Bank is at the end of their 2010 granting year, however they invite organizations with programmatic requests that specifically reach a 51% or greater low-to-moderate income population and fit the bank's strategic philanthropic goals.

Our understanding is that they give priority to programs in the following areas:
  1. Supporting Community Development, focusing on career exploration and job training programs
  2. Increasing Financial Literacy, focusing on money management knowledge and product-centric education
  3. Improving Access to Quality Education, focusing on teacher effectiveness, parental engagement and student support services
Our hope is that Capital One Bank will find favor with the Student Information Technology Education & Scholarship (SITES) program powered by our volunteers in the BDPA Baton Rouge chapter. Wish us luck!
BDPA New York chapter worked with BDPA Education and Technology Foundation (BETF) to complete a grant proposal to the Capital One Foundation. The process has two parts to it with Capital One Foundation. First, we have to go online and request permission from them to submit the full grant proposal. If permission is granted then we turn in our complete documentation.

We completed the online part of the process earlier today. BETF would like to thank BDPA New York chapter president Renetta English and the chapter's grant coordinator Shawn Reid for working with us on this funding process. Renetta and Shawn followed the process outlined in the BETF standard operating procedure for grant funding on these types of programs.

We are now in a 'wait and see' mode. Wish us luck!

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