Community Investment Funds Grants
COMMUNITY INVESTMENT COMMITTEE
Purpose: The purpose of the Pullman Chamber of Commerce “Community Investment Committee” is to further chamber visibility & enhance the Pullman Community impact through investment activities related Pullman 2040 initiatives.
Membership: Volunteer committee membership to include a minimum of 5 chamber board members with the Pullman Chamber treasurer leading this committee.
Allocation: Initial start-up funding to be $50,000. For sustainability and continuity, subsequent annual funding will be reviewed by & requested from the Pullman Chamber Board for approval during the January board meeting, annually, and will be based on an allocation of 25% of previous fiscal year end net income with the overall fund not to exceed $50,000. Allocated funds will come from donations and fundraising initiatives of the Chamber and not Chamber membership dues.
Size: Application requests will be accepted for funding needs that have a minimum of $250 and a maximum of $10,000.
Approval Process:
1. Application requests will be submitted to the Chamber and redirected to the chamber treasurer for dissemination to the CIC.
2. The committee will review grant applications for approval, modification or denial at regularly scheduled monthly meetings with a majority vote necessary and will report activities at the next regularly scheduled Chamber Board meeting.
3. The committee will have the power to allocate designated resources for approved applications up to $5,000. Requests in excess of $5,000 will be reviewed by the committee and if applicable, will be presented for board approval.
4. Upon approval, funding will be allocated to the recipient by the Chamber President & Executive Director at a Chamber event or other time frame/event as determined to provide the best visibility.