OVERVIEW: The 80|20 Foundation supports entrepreneurial efforts, tech education, and urban options in San Antonio, Texas.
IP TAKE: This is an accessible, tech-focused grantseeker that is all about San Antonio and boosting the local economy. Submit a request for a few thousand dollars to propel a local entrepreneurship program.
PROFILE: Graham Weston, the co-founder of Rackspace Hosting, founded the 80|20 Foundation based upon the Pareto Principle. It seeks to invest “in San Antonio’s future by issuing grants to public charities that Attract, Grow, and Retain San Antonio’s future workforce and job-creating entrepreneurs.” This principle guides the foundation to invest in 20 percent of the nonprofits that are driving 80 percent of the social impact. The foundation aims to turn “San Antonio into the next hub for entrepreneurship, promoting technology education for the high-skill jobs of our knowledge economy, and providing more urban options.”
Grants for STEM Education and Community Development
The foundation seeks to boost the local entrepreneurial ecosystem through support to impact-driven nonprofits that make San Antonio a place where entrepreneurs can thrive. These grants come in the form of mentorships, networking, support services, and financial and human capital. Tech education grants to nonprofits that provide tech education programs to help people find high-skilled jobs and attract entrepreneurs and top companies. Finally, the funder provides grants to transform San Antonio’s urban core to make it more attractive to high-skilled workers and make the city a place where professionals want to live, work, and play.
Important Grant Details
Foundation grants tend to range from $1,000 to $20,000. The geographic focus of this funder is San Antonio, Texas. The foundation does not publish detailed guidelines about its grantmaking procedures.
However, the funder does accept unsolicited grant applications from local nonprofits. It provides an online application form on its website, and there are no deadlines to apply for a grant. The best point of contact for grant seeker questions is Alex Frey, the executive director, at alex@8020foundation.com.
PEOPLE:
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