Grants available to non-profits entities
Northern Plains Electric Cooperative (NPEC) is excited to partner with CoBank in the Sharing Success matching grant programs once again this year.
NPEC’s board of directors can decide to award up to four grants for a total of $15,000. Matching funds will be applied for through CoBank’s Sharing Success program
To qualify for the grant, an organization must be a certificated 501(c)(3) nonprofit organization, school or fire/ambulance department that is located within the NPEC’s service territory.
Co-Banks is a cooperative lending institution that provides loans and other financial services to vital industries throughout rural America, including agribusiness, water, communications and power providers. CoBank is headquartered outside of Denver, Colo. The Sharing Success program was launched by CoBank in 2012 and was designed to celebrate the vital role that cooperative’s play in individual communities across the country.
RDFC
Since NPEC is a member of the Rural Development Finance Corporation (RDFC), we are eligible to apply for a grant of up to $2,000 to be used to support community owned entities, non-profits and community-based projects.
Eligible projects include community owned businesses (café, grocery store, motel, other); community facilities (ambulance services, fire districts, recreation, hospital/clinic, community center, other); or community-based projects (school/youth projects, other) that benefit rural areas and lead to community betterment.
RDFC makes these funds available, so more people become aware of its larger loan program that funds community-based projects and nonprofit entities with low interest loans. More information on this loan program can be found on our website, www.nplains.com.
Contact Cheryl Belle, business manager, at 1-800-882-2500, with questions or to request an application. The application deadline is June 15.