Comcast NBCUniversal & NBCUniversal Local To Grant $2.475M to Eligible Nonprofits

Rhea-AI Summary

Comcast NBCUniversal has announced a grant program totaling $2.475 million aimed at eligible nonprofits across 11 regions. This initiative, formerly known as 'Project Innovation,' is now called NBCUniversal Local Impact Grants and will provide unrestricted funds to support nonprofits in their community service efforts. The grant categories include Next Generation Storytellers, Youth Education & Empowerment, and Community Engagement. Applications are open from March 14 to April 21, with eligibility requirements including a focus on resolving community issues and operating within the specified expense range.

Positive

• New funding of $2.475 million for nonprofit grants enhances community support.
• Introduction of unrestricted funds allows nonprofits more flexibility in addressing local needs.
• Grant categories focus on critical areas such as youth empowerment and community engagement.

Negative

• None.

NEW YORK, NY / ACCESSWIRE / March 20, 2023 / Comcast Corporation

Comcast NBCUniversal and NBCUniversal Local, a division of NBCUniversal that includes NBC/Telemundo owned stations, announced it will award $2.475 million in grants - which for the first time will be unrestricted funds - providing more flexibility and support to eligible nonprofits located in and servicing 11 regions.

The program has also been  rebranded from "Project Innovation" to "NBCUniversal Local Impact Grants," reflecting its local grassroots focus. Grant categories include Next Generation Storytellers, Youth Education & Empowerment, and  Community Engagement.

Grant applications can be submitted online at www.localimpactgrants.com between March 14 and April 21. Applications are also available in Spanish at www.becasdeimpactolocal.com. Winners will be announced by the respective  NBC & Telemundo owned stations, later this year. 

"Giving locally and with additional flexibility is key to the nonprofit sector," said Jessica Clancy, Senior Vice President of Corporate Social Responsibility at NBCUniversal.

We're building upon the successes of previous years and providing unrestricted grants for the first time, allowing these organizations to create the most efficient solutions for the communities they serve.

JESSICA CLANCY

Senior Vice President of Corporate Social Responsibility at NBCUniversal

"With Comcast NBCUniversal, our NBC/Telemundo owned stations have invested more than $14 million in grant dollars in the past six years to help support the interests and needs of our diverse communities," added Valari Staab, Chairman, NBCUniversal Local. "Our grant rebranding and funding scope change reflects our continued commitment to our communities to help us nurture the next generation of storytellers, STEM/STEAM entrepreneurs and community leaders. I am pleased for our stations to present their grant program with this renewed focus in 2023."

Key grant eligibility requirements: 

• 501(c)(3) nonprofit's headquarters and/or the program for which the organization is applying must be located in a participating market;
• Entity must service the market they operate from;
• Organization's total expenses must be between $100,000 and $1,000,000; and
• Nonprofit must help to resolve everyday community issues in any of the three grant categories.

NBCU Local Impact Grant categories include:

1. Next Generation Storytellers: Programs that promote access and develop pathways for emerging talent, diverse voices and underrepresented youth to explore careers in news, entertainment, sports and the arts.
2. Youth Education & Empowerment: In-school and out-of-school programs that equip youth with the tools they need to succeed, including STEM/ STEAM education and youth entrepreneurship.
3. Community Engagement: Programs that enable individuals to engage and volunteer in their communities.

Participating cities/regions and TV stations (in parentheses) include New York (WNBC, WNJU), Southern California (KNBC, KVEA), Chicago (WMAQ, WSNS), Philadelphia (WCAU, WWSI), Dallas-Fort Worth (KXAS, KXTX), Boston (WBTS, WNEU, NECN), Hartford, CT (WVIT, WRDM), Washington, D.C. (WRC-TV, WZDC), Miami-Fort Lauderdale (WTVJ, WSCV), San Francisco Bay Area (KNTV, KSTS), and San Diego (KNSD, KUAN).

For additional rules/eligibility requirements, please visit www.localimpactgrants.com. For information in Spanish, visit www.becasdeimpactolocal.com

Follow on social @NBCUFoundation and #LocalImpactGrants.

View additional multimedia and more ESG storytelling from Comcast Corporation on 3blmedia.com.

Contact Info:
Spokesperson: Comcast Corporation
Website: https://www.3blmedia.com/profiles/comcast-corporation
Email: info@3blmedia.com

SOURCE: Comcast Corporation

View source version on accesswire.com:
https://www.accesswire.com/744701/Comcast-NBCUniversal-NBCUniversal-Local-To-Grant-2475M-to-Eligible-Nonprofits

FAQ

What is the amount Comcast NBCUniversal is granting to nonprofits in 2023?

Comcast NBCUniversal is granting a total of $2.475 million to eligible nonprofits in 2023.

What are the categories for the NBCUniversal Local Impact Grants?

The categories include Next Generation Storytellers, Youth Education & Empowerment, and Community Engagement.

When can nonprofits apply for the NBCUniversal Local Impact Grants?

Applications can be submitted online from March 14 to April 21, 2023.

What are the eligibility requirements for the NBCUniversal Local Impact Grants?

Eligible organizations must be 501(c)(3) nonprofits operating in a participating market with total expenses between $100,000 and $1,000,000.

Which regions are eligible for the NBCUniversal Local Impact Grants?

Eligible regions include New York, Southern California, Chicago, Philadelphia, Dallas-Fort Worth, Boston, Hartford, Washington D.C., Miami-Fort Lauderdale, San Francisco Bay Area, and San Diego.