TD Ready Challenge Grant

The TD Charitable Foundation

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Predicted Deadline
The next cycle for this opportunity is predicted based on past data. If you save this grant, we’ll notify you if there are any changes.

Predicted deadline: Aug 13, 2021 1:00pm PDT

Grant amount: C $350,000 - C $1,000,000

Fields of work: Rural Health Care Health Care Access & Delivery Preventative Healthcare

Applicant type: Nonprofit

Funding uses: Project / Program

Location of project: Canada, United States

Location of residency: Canada, United States

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About this funder:

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Overview:

The TD Ready Challenge

The TD Ready Challenge is an annual North American initiative, which supports organizations developing innovative solutions for a changing world. Recipients must be organizations that have impactful and measurable solutions focused on helping to open doors for a more inclusive and sustainable tomorrow.

This signature initiative, created and funded by TD, is a key component to delivering on the bank’s corporate citizenship platform, TD Ready Commitment. The COVID-19 pandemic has had an immense impact on society and that's why this year, we have made the decision to focus the 2020 TD Ready Challenge on supporting innovative solutions that address the impacts of the pandemic. This year's TD Ready Challenge is part of the $25 million (CAD) that TD has allocated to help strengthen community resilience and COVID-19 recovery through the TD Community Resilience Initiative.

Challenge Overview

Each year, the TD Ready Challenge will invite eligible organizations to submit applications that offer solutions for a problem statement that is connected to one of the four drivers of change of the TD Ready Commitment: Financial Security, Vibrant Planet, Connected Communities and Better Health. The 2020 TD Ready Challenge Problem Statement focuses on addressing the impacts of the COVID-19 pandemic.

Background

When we launched our global corporate citizenship platform, the TD Ready Commitment, in March 2018, we did not anticipate that a global pandemic would hit two years later and have profound impacts around the world. But at the time we knew a few things: that change is a fact of life, that we live in a period of unprecedented change, and "that change can be disruptive and has the potential to increase social and economic exclusion," as our President and CEO Bharat Masrani said.

Today, COVID-19 and its devasting consequences have created a remarkable climate of uncertainty that has rippled through all aspects of our society. In the past few months alone, several studies have shown the significant impacts already being felt across North America, though not all people are experiencing these effects equally.1 There is growing evidence that COVID-19 is disproportionately impacting certain populations across North America including:

  • Individuals from racialized and/or newcomer communities;
  • Those who are a part of Indigenous communities;
  • Those that have unstable employment or inflexible working conditions;
  • Those experiencing insecure, inadequate, or nonexistent housing conditions;
  • Individuals living in remote communities and are socially or geographically isolated. 

As people continue to navigate a new disrupted reality that includes physical distancing, experts and industries are currently working on what the new normal could look like post pandemic. History has shown how innovation plays a critical role in helping people develop the ability to overcome obstacles and have confidence in the future. Generating new ideas and solutions that address the needs raised by the current crisis will be key to help communities emerge resilient, inclusive, vibrant and ready for the continually changing future.

The 2020 Challenge

How can your organization address the problem statement?

The 2020 TD Ready Challenge seeks to provide financial support to organizations that have designed innovative, scalable and/or replicable solutions to help address the pandemic-caused issues faced by communities that are experiencing disproportionate impacts of COVID-19 across North America. Solutions must address at least one (but can address more) of the four interconnected drivers of change of the TD Ready Commitment (Financial Security, Vibrant Planet, Connected Communities and Better Health).

You can learn more about this opportunity by visiting the funder's website.

Eligibility:

  • Applicants must deal directly with people and provide benefits to people and communities.
  • Applicants can be Canadian or US organizations as described below:
  • The following are eligible to apply:
    • Canadian registered or incorporated charities and not-for-profits
    • U.S. charitable, non-profit organizations as defined by section 501(c)(3) of the IRS tax code
  • A maximum of 20% of the grant award can be directed towards organizational administration (e.g. office space and supplies, salaries, venue rentals, evaluation reporting etc.).

Preferences:

  • We will have a clear preference for programs:
    • That support communities experiencing disproportionate impacts of COVID-19 based on factors such as race, ethnicity, socioeconomic status and geographic location
    • Where the grant will be used to address impacts of COVID-19 by demonstrating promising approaches to helping build community resilience
    • That align with one or more of the drivers of change of the TD Ready Commitment (Financial Security, Vibrant Planet, Connected Communities and Better Health)
    • Have wide demographic or geographical in the areas TD operates within across North America
    • Which will use the grant to scale and / or replicate solutions to additional communities or populations (or pilot projects with material evidence of viable success and scalability)
    • Have a clear evaluation and measurement process to track impact
    • Where the organization has not received any funds or grants from TD of $250,000 CAD or $250,000 USD or more from August 31, 2019 through to and including August 31, 2020

Ineligibility:

  • We will not fund grant applications for initiatives that are not innovative in nature, meaning they do not enable new approaches.
    • For example, initiatives that purchase medical materials or personal protective equipment or whose purpose is to write research papers are not eligible.
  • The following are not eligible to apply:
    • Elementary and secondary schools
    • Religious organizations (i.e. organizations whose primary purpose is religious practice or worship). However, faith-based organizations that provide programs and services for broader community benefit, may be considered.
    • Pageants
    • Sports teams and sporting events
    • Individuals or individual pursuits/fundraising initiatives
    • Recreational groups (lodges, fraternal clubs, self-improvement organizations, etc.)
    • Conferences, trade shows, fairs
    • Production of videos, DVD’s and television shows
    • TD Employees
    • Winners of 2018 and 2019 TD Ready Challenge
  • Costs directly related to delivering an initiative are not considered to be administrative.

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This page was last reviewed June 19, 2020 and last updated June 19, 2020