General Social Investment Program
OUR COMMITMENT TO INVESTMENT
The Freeport-McMoRan Social Investment programs are designed to ensure that resources are used effectively to address high-priority needs and facilitate local capacity building to sustain communities when our operations cease. Further, we are guided by a long-term goal of decreasing community dependencies on our operations and ensuring that we are entering into partnerships that support sustainability. We partner with NGOs, foundations, and other community and government institutions globally to support community development initiatives.
In 2011, Freeport-McMoRan Copper & Gold, operating subsidiaries, and the Freeport-McMoRan Copper & Gold Foundation contributed $191 million to community organizations throughout the world, including $28 million in the U.S. alone, focusing on Education & Training, Safety, Health & Wellness, Economic Development, Environment, and Cultural Heritage & the Arts.
Rather than viewing financial and other resources simply as charitable donations or philanthropy, we encourage our partners to think about financial and other resources as the means to make investments in the future of the community with the goal of realizing a return that helps create greater capacity and long term sustainability.
Freeport-McMoRan Copper & Gold Foundation’s General Social Investment Program is available to eligible nonprofit organizations/programs that serve Freeport-McMoRan communities without a Community Investment Fund.
Only IRS determined tax exempt entities such as nonprofits with a 501(c)3 designation, schools and government institutions are eligible for social investment dollars from the Freeport-McMoRan Copper & Gold Foundation.
Social Investment funds are awarded in five focus areas that reflect the best opportunities to create sustainable benefits in communities:
- Education & Training
- Economic & Community Development
- Community Safety, Health & Wellness
- Cultural Heritage & the Arts
ELIGIBLE PROJECTS SHOULD
- Focus on initiatives/outcomes that will be sustainable beyond the life of Freeport- McMoRan
- Benefit the community as a whole and not a single organization or individual
- Have a clear purpose and operate transparently based on demonstrated need for proposed project
- Measure and evaluate impact
Deadline to apply for funds – August 30th of every year
Notification – January of the following year
Application Window: March 1st – August 30th
For questions about the General Social Investment Program, please contact email@example.com.