City of Hyattsville Commercial Façade Improvement Program 2024

The Economic Development Fund, supported by the East Tennessee Foundation, is designed to advance regional economic development through charitable and educational programs. This grant program directly aligns with the foundation's mission by fostering economic growth and stability within selected counties of Tennessee. The foundation's strategic priority is to invest in initiatives that contribute to the long-term well-being and prosperity of the region, utilizing a theory of change that posits that targeted support for economic and educational programs will lead to a more vibrant and sustainable local economy. The program targets 501(c)(3) public charities, units of government, and public educational institutions. New or emerging groups without nonprofit status can apply with a fiscal sponsor. The ideal beneficiaries are organizations that demonstrate a commitment to non-discrimination, ensuring that their projects do not exclude individuals based on race, color, national origin, religion, gender, familial status, sexual orientation, age, disability, or veteran status. The impact goals are centered on strengthening the economic infrastructure and educational opportunities within the community. The fund prioritizes projects that contribute to regional economic development, with a particular focus on programs that align with the foundation’s commitment to diversity and inclusion. While faith-based organizations are welcome to apply, their projects must not have explicit religious content, express a particular religious view, limit participation based on faith affiliation, or require participation in religious activities or services. This ensures that the grants support broadly accessible community-focused initiatives. Expected outcomes include enhanced economic activity, increased educational attainment, and a more robust regional economy. Measurable results will be assessed through the one-year grant term, from August 1, 2024, to July 31, 2025. The grants, ranging from $5,000 to $6,500, are intended to provide meaningful support for projects that can demonstrate tangible progress within this timeframe. The foundation expects to see clear evidence of how the funding has contributed to the stated economic development and educational goals.