Freeport-McMoRan Foundation Investments

Freeport-McMoRan's group-wide guiding philosophy for its community development activities is Transforming Tomorrow Together. This philosophy drives implementation of a social impact framework that includepriorities, strategies and goals that allow us to work collaboratively with communities to make transformative change and increase overall individual/ community opportunity, wellbeing and capacity.

We do this with the ultimate goal to partner to build long-term resiliency and the community’s ability to successfully navigate commodity market downturns, end of mine life and other economic/social disruptors or shocks. Our framework or approach for delivering on our guiding philosophy of Transforming Tomorrow Together is based on three main priority areas that we believe help deliver on our commitment:

-Education and Workforce Development
-Economic Opportunity
-Resiliency, Capacity and Leadership

This philosophy includes securing and maintaining our social license to operate and delivering transformation through robust stakeholder engagement and consultation, social investment, and impact evaluation. 

Investment Approach
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.

Only IRS determined tax exempt entities such as nonprofits with a 501(c)3 designation, schools and government institutions are eligible to receive funding from the Freeport-McMoRan Foundation.  
    
Please note, the maximum indirect cost allowed by the Freeport-McMoRan Foundation is 6% of direct project costs.

Community and Social Investment Letter of Intent and Application Dates
Monday, May 3:           LOI opens in CyberGrants
Wednesday, May 26:   LOI closes at Noon MST
June 21 (week of):       Invitations to apply and declines sent
June 24 and 29:           Virtual application training for invited applicants** (see below for details)
Tuesday, July 13:         Draft applications due for feedback from True Impact
July 16-28:                   Application feedback provided
August 4:                     Final applications due at Noon MST
September 30:             Awards announced*

*If your organization is awarded funding through a Community Investment Fund or the Ajo, Bisbee or Henderson Social Investment Funds, your award check will be mailed in October. If your organization is awarded funding through our Social Investment Fund, your award check will be mailed in 2022. 

**Virtual Application Training 
If your organization is invited to submit an applcation, we highly encourage you and others from your organization to attend an in-depth virtual training hosted by Sara Ansell at True Impact. Plan to attend the training that aligns with the Priority Area selected in your LOI (refer to the submitted LOI in your organization account if you do not recall the Priority Area selected). This training will walk you through best practices to complete your application forecast and familiarize you with the True Impact system. 

Resiliency, Capacity and Leadership
Thursday, June 24
11:00am-12:00pm MST

Economic Opportunity
Monday, June 28
10:00am-11:00am MST

Education and Workforce Development
Monday, June 28
12:00pm-1:00pm MST

Communities Eligible to Receive Funding  
Your program or project must be benefitting those living in the communities outlined for each Fund. Requests to the Community and Social Investment Funds should be for more than $10,000. Requests for less than $10,000 may be eligible for funding from one of our site operations, click here to learn more. 

Ajo, Bisbee or Henderson Social Investment Fund
Arizona: Ajo and Bisbee
Colorado: Grand and Clear Creek Counties

Climax Community Investment Fund
Colorado: Lake, Summit, Chaffee and Eagle Counties

Globe-Miami Community Investment Fund

Arizona: Globe and Miami

Graham County Community Investment Fund
Arizona: Graham County

Grant County Community Investment Fund
New Mexico: Grant County

Greenlee County Community Investment Fund
Arizona: Greenlee County

Green Valley/Sahuarita Community Investment Fund
Arizona: Green Valley and Sahuarita

Social Investment Fund
Arizona: Bagdad, Clarkdale, Douglas, Jerome and Maricopa County 
Iowa: Ft. Madison

Texas: El Paso

Letter of Intent Resources
Sample Letter of Intent
This can be used as reference when completing the online letter of intent.

Project Budget Template
This was established by the Foundation and is required to be used when submitting your letter of intent.

Project Budget Template User Guide 


Click here to submit a Letter of Intent 


For questions about investment eligibility, please contact foundation@fmi.com.