The Nasdaq Philanthropic Foundation’s Quarterly Grant Program is designed to support organizations that align with its mission to advance economic progress for all. Established in 1994, the Foundation aims to connect business, capital, and innovative ideas to foster global economic advancement and uplift local communities. With an emphasis on reimagining investor engagement, the Foundation directs its funding towards programs that equip under-resourced communities with the financial knowledge needed to participate in wealth creation through the capital markets.
The grant program operates on a quarterly basis, offering flexible, responsive funding to support initiatives in two main focus areas. The first is financial literacy, where grants are awarded to organizations that enhance financial knowledge within underserved populations, particularly with components that educate on investing in capital markets. Programs that simply focus on K-12 financial literacy are generally not eligible. The second focus area is entrepreneurship, targeting organizations that provide mentorship, resources, and improve access to capital for founders from under-resourced backgrounds, thereby fostering business resilience and social prosperity.
Applications are evaluated based on several factors including the organization’s capacity to manage funds effectively, the alignment with or distinction from the Nasdaq Entrepreneurial Center’s work, the governance and leadership strength of the applicant, and the potential for scalable or replicable impact. Successful projects are those likely to influence broader community change and exhibit potential for expansion.
Grants typically average $75,000, with no prescribed floor or ceiling. Proposals may include reasonable overhead costs if clearly specified. The default grant term is one year, though multi-year commitments may be considered where there is a demonstrated need. Entities eligible to apply include 501(c)(3) nonprofits and for-profit businesses acting on behalf of such nonprofits or through a qualified fiscal sponsor. However, for-profit organizations on their own, individuals, or those with unresolved past grants are ineligible.
Proposals must be submitted through the Foundation’s online GrantsConnect portal before the quarterly deadlines: January 31, May 2, August 1, and October 24, 2025. There is no cap on the number of proposals an organization may submit. The Foundation reserves the right to defer or withhold disbursements if suitable applications are not received. Applicants may direct inquiries to foundation@nasdaq.com for assistance with eligibility or the application process.
Emphasize scalability and community impact; differentiate from Nasdaq Entrepreneurial Center’s programs; clearly specify overhead.
