Community Investment Program (CIP)
The Community Investment Program (CIP) enhances and advances the philanthropic work of Rotary Charities. CIPs are primarily an extension of both Rotary organizations’ goals and grant making programs.
The Community Investment Program (CIP) is not a grant program, but organizations may be eligible for loan guarantees or loans.
Applicants must meet the following eligibility requirements:
- Nonprofit Corporations, Unit of Government, Educational Institution or Library
- Benefit the residents of Antrim, Benzie, Grand Traverse, Kalkaska or Leelanau Counties
- Applicants to the CIP program must also meet the standards of Rotary Charities’ grant guidelines and have the organizational capacity to successfully repay the loan.
Applicants must meet the following general guidelines:
- Investments create a measurable community impact
- Projects that rely upon fundraising campaigns for re-payment of the loan will generally not be considered
- Proposals are encouraged in which Rotary Charities can help leverage other funding.
- Loans are not made to individuals.
- Support is not provided for religious activities or programs that serve, or appear to serve, specific religious groups or denominations.
- The maximum amount of investment for any entity is $250,000 and the length of term may not exceed 9 years.
- The amount of funds made available will be determined by the balance available in the restricted Community Investment Program.
Interested applicants may submit a letter of inquiry through the website. Please CLICK HERE to submit an inquiry. Inquiries are accepted at any time. Following the initial review of the inquiry and a meeting or conversation with staff, applications will be forwarded to those that meet the general guidelines and program intent.