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 grantee training hosted by True Impact (for invited applicants)
Tuesday, July 1:           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 General Social Investment Fund, your award check will be mailed in 2022. You will select the month you would like to receive your award check in the Letter of Intent. 

Communities Eligible to Receive Funding  
Your program or project must be benefitting those living in the communities outlined for each Fund. 

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

General Social Investment Fund
Arizona: Bagdad, Clarkdale, Douglas, Jerome, Maricopa County and Tucson

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

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.