The Freeman Challenges
Forecasted
The Freeman Challenges provide matching grants and educational support to help Greater New Orleans nonprofits build endowments or reserves for long-term financial stability.
Funder: Greater New Orleans Foundation
Due Dates (Anticipated): September 2026 (application open) | October 2026 (full application deadline)
Funding Amounts: Endowment: up to $75,000 (1:2 match); Reserve: up to $15,000 (1:2 match); 12-month challenge period
Summary: Matching grants for New Orleans-area nonprofits to build endowments or board-restricted reserves, supporting long-term financial stability.
Key Information: Prerequisite workshop and board approval required; eligibility limited to 13-parish region nonprofits.
Description
The Freeman Challenges are matching grant opportunities offered by the Greater New Orleans Foundation to help nonprofit organizations in the Greater New Orleans thirteen-parish region establish or grow endowments and board-restricted cash reserves. The program aims to foster long-term financial independence and stability within the nonprofit sector by providing both financial support and educational resources. Participation requires a prerequisite workshop, "Are You Ready for an Endowment?", to ensure organizational readiness for an endowment or reserve campaign.
