Verity Credit Union's Microgrant Program is designed to provide unrestricted monetary support for organizations whose work benefits historically underserved communities within Washington State.
We aim to support organizations that may have limited access to traditional funding due to organizational size, age, or tax-exemption status. We strive to uplift and empower those doing the work of our communities. As such, the microgrant prioritize nonprofits or not-for-profit with a total asset size less than $250,000.
Verity Credit Union's mission centers the values of People, Planet, and Prosperity. We eagerly hope to support nonprofits or not-for-profits whose work centers social, economic, and/or environmental justice and wellbeing.
The deadline for Spring 2023 are due March 15th, 2023. Applications received after this date will be considered during Fall 2023. We welcome all nonprofit applications and some examples of what the grant can be used for is:
- Rent/Utilities costs for organization facilities
- Staff stipends and salaries
- Improvements to operations, such as new technology or software
- Research and development to create new or improve pre-existing programs
"Thanks to the Verity grant, we had a wonderful two hour E-Camp in December--our first program at Compass Broadview" - Read-a-Rama, 2021 Microgrant Recipient
Unrestricted and Open to All
One of the many ways we support nonprofits in the Greater Seattle area is through our Microgrant Program. We are always looking for ways to further stay involved in our communities and this year, 2023, we have made some big improvements to the program. The biggest improvement is that the grants are now unrestricted. Before, microgrants were limited to projects and events but now the money from our grant may be used for any purpose. For more details, read the program description document.
2022 Fall Microgrant Recipients
Congrats to our latest group of microgrant recipients!
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FAQ
What is the microgrant?
Verity Credit Union’s Microgrant Program provides unrestricted funds for organizations whose work benefits historically underserved communities within Washington State. “Communities” may include geographic areas, racial identities, religious beliefs, sexual orientations, gender identities, and/or groups with shared lived marginalized experiences.
Who does Verity want to support?
Verity Credit Union’s mission centers the values of People, Planet, and Prosperity. We eagerly hope to support organizations whose work centers social, economic, and/or environmental justice and wellbeing.
Additionally, Verity Credit Union aims to support organizations that may have limited access to traditional funding due to organizational size, age, or tax-exemption status. To intentionally support these groups, the microgrant prioritizes organizations with a total asset size less than $250,000.
Who is eligible for the microgrant?
The microgrant is intended for smaller organizations and / or community groups operating in Washington State. While applications from larger organizations will be considered, applications from smaller organizations will be prioritized.
How much money can I get with the microgrant?
Microgrants are for $2500. The funds are unrestricted, meaning they may be used for daily operation costs (stipends, space rental, utilities, etc.) as well as one-off projects or programs.
Who is most likely to receive a microgrant?
The following organizations will have priority when determining the recipients of a microgrant:
- Smaller organizations (total asset size less than $250,000)
- Organizations founded and led by members of historically marginalized communities and/or those with marginalized lived experiences
- Organizations whose work aligns with the furthering of social justice, diversity, equity, and inclusion
- Organizations whose work centers the values of People, Planet, and Prosperity
Who is unlikely to receive a microgrant?
The following organizations are unlikely to receive a microgrant:
- Organizations with a total asset size larger than $250,000
- Organizations who received a Verity Credit Union Microgrant within the last 12 months
- For-profit organizations categorized as LLC and/or Sole Proprietor
- Political parties, lobbyists, or candidates
- Religious organizations intending to use the grant for faith-based programs
- Organizations operating outside of Washington State
- Organizations whose mission / work discriminates against any race, ethnicity, disability, faith, medical condition, sexual orientation, gender identity, gender expression, veteran status, or marital status
When are applications due?
Microgrants will be awarded in two cycles, Spring and Fall. Applications will be accepted year-round. Deadlines for each cycle are:
Spring Cycle
Fall Cycle
Applications Due
March 15th
September 15th
When do I find out whether I will receive a microgrant and when would I receive the funds?We will notify applicants on whether they will be receiving a microgrant no later than one month following the application due date. Microgrant funding will be delivered within 10 business days after your notification. For each cycle, award notification and delivery dates are:
Spring Cycle
Fall Cycle
Notification of Award Status
April 15th
October 15th
Awards Delivered
No Later Than April 30th
No Later Than October 31st
How can I apply?
The format of the application is flexible. Reponses to the required questions may be submitted using a paper / digital application, video submission, phone call, or through a personal interview. If other accommodations are needed, please contact Verity Credit Union so we may work with any potential applicant on how to best facilitate their submission.
Email: CommunityRelations@veritycu.com
Phone: (206) 361-5378
Address: P.O. Box 75974; Seattle, WA 98175
Applicants who choose to utilize the paper / digital application have the option of either submitting their materials virtually through email, mail, or in-person delivery to any of our branches.
I still have questions / concerns.
Please contact the Community Relations department with any other questions or concerns. We want to help facilitate your application however we can.
Email: CommunityRelations@veritycu.com
Phone: (206) 361-5378
Address: P.O. Box 75974; Seattle, WA 98175
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