CONTACT: Jake Goodman, Executive Director, jgoodman [at] theopportunityfund.org
PITTSBURGH, PA, June 8, 2021 — The Opportunity Fund announces support totaling $1,112,500 in its seventh year of grantmaking. The increased amount awarded is a result of the Board of Directors’ decision to release funds at rate of 6% of its net assets annually, rather than the minimum of 5% that private foundations are required to payout.
The Board, along with two community panels, funded 70 out of 114 requests that were seeking a total of $1,807,926. A complete list of awarded grants can be found below.
Including this current grant cycle, the foundation has awarded 667 grants totaling over $8.7 million since its inception in 2015. Grant cycles take place twice a year. Letter of Inquiry deadlines are January 15 and July 15 each year. Full information about applying for grants is available in the “For Applicants” area of our website.
