The Million Dollar Round Table Foundation is the charitable arm of the Million Dollar Round Table, an association of financial services professionals. Since 1959, they have awarded $40 million in Global Grants to organizations empowering people in need.
All applicants must be endorsed by an MDRT member, but the member does not have to be a volunteer with the organization. Step 1 of the application is to submit a Letter of Inquiry. The Foundation will respond within two weeks; organizations invited to submit a full proposal must do so by September 1st.
Eligibility
This grant is open to registered nonprofit, nongovernmental organizations from anywhere in the world. U.S. based organizations must have a 501(c)3 designation from the IRS.
Allowable Expenses
Grant funds may not be spent on:
- Fundraising events
- Endowments
- Capital campaigns
- Scholarships not targeted to members of marginalized communities
- Faith-based projects
- Political projects
- Regranting programs