Global Impact Cash Grant 2022 Application Update : Current School News

Global Impact Cash Grant 2022 Application Update

Filed in Scholarships Update by on August 30, 2022

Global Impact Cash Grant is now open for applications from suitably qualified students. It is a fully funded grant for all students sponsored by Cisco Systems, Inc.

Global Impact Cash Grant

About Cisco

Cisco Systems, Inc. is an American multinational technology conglomerate headquartered in San Jose, California, in the center of Silicon Valley.

Cisco develops, manufactures and sells networking hardware, telecommunications equipment and other high-technology services and products.

Cisco Systems was founded in December 1984 by Sandy Lerner, a director of computer facilities for the Stanford University Graduate School of Business.

Lerner partnered with her husband, Leonard Bosack, who was in charge of the Stanford University computer science department’s computers.

Benefits of Global Impact Cash Grant 

Cisco’s cash and product grant programs help nonprofits apply digital technology to have the broadest impact in some of the most economically underserved parts of the world.

The maximum request amount for first-time grant recipients is US$75,000.


Requirements for Global Impact Cash Grant 

Organizational requirements:

1. Organizations within the United States must be recognized by the IRS as tax exempt under Internal Revenue Code Section 501 (c)(3), and classified by the IRS as a public charity.

2. Organizations from outside the U.S. must provide information and documents to determine whether the organization is the equivalent of a U.S. public charity.

3. Organizations to be funded must serve an audience greater than 65 percent economically underserved relative to the average standards of the target geography.

4. Organizations and programs must focus on at least one of our social investment areas: crisis response, access to education, or economic empowerment.”

5. For each of these three investment areas, we will also consider proposals that address environmental sustainability within the context of that investment area.

For example, we would consider funding an economic empowerment program that specifically focuses on creating green jobs.

6. A nonprofit organization’s overhead is not to exceed 25 percent. (Organizations are occasionally exempt from this requirement; however, they must be exceptionally aligned with Cisco’s values and criteria, and they must clearly explain and justify their overhead costs.

Exemptions to the requirement on overhead expenses are determined on a case-by-case basis.). Cisco Foundation does not make grants to colleges and universities.

In the case that such a grant may be made, Cisco Foundation does not support additional institutional overhead rates for colleges and universities.


Application Deadline

Not Specified.

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CSN Team.

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