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 includes priorities, 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 are driven to partner to build long-term resiliency and support 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
-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 federal 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.
2023 Community Investment Fund Application Dates
If your program is benefitting the Greater New Orleans area, click here, as the LOI process and dates are different for New Orleans.
Our 2023 Application Timeline will be posted soon
Communities Eligible to Receive Funding
Your program or project must directly benefit those living in the communities outlined below. Requests 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.
Active Operations
Bagdad - Arizona: Bagdad Operations Communities
2022 Media Advisory - Investment Fund Recipients
Climax Area - Colorado: Lake, Summit, Chaffee and Eagle Counties
2022 Media Advisory - Investment Fund Recipients
El Paso - Texas: El Paso
Ft. Madison - Iowa: Ft. Madison and Keokuk
Globe-Miami - Arizona: Globe, Miami and Claypool
2022 Media Advisory - Investment Fund Recipients
Graham County - Arizona: Graham County
2022 Media Advisory - Investment Fund Recipients
Grant County - New Mexico: Grant County
2022 Media Advisory - Investment Fund Recipients
Greenlee County - Arizona: Greenlee County
2022 Media Advisory - Investment Fund Recipients
Green Valley/Sahuarita - Arizona: Green Valley and Sahuarita
2022 Media Advisory - Investment Fund Recipients
Henderson - Colorado: Grand and Clear Creek Counties
2022 Media Advisory - Investment Fund Recipients
Discontinued Operations
Ajo - Arizona: Ajo
2022 Media Advisory - Investment Fund Recipients
Bisbee - Arizona: Bisbee
2022 Media Advisory - Investment Fund Recipients
Jerome/Clarkdale - Arizona: Jerome and Clarkdale
New Orleans - Louisiana: Greater New Orleans area
The LOI process and dates are different for New Orleans investments. Click here to learn more.
Letter of Intent Resources
Sample Letter of Intent
This can be used as reference when completing the online letter of intent.
Priority Social Impacts
Be sure to reference this list of Priority Social Impacts when completing the Impact Statement question in your Letter of Intent as your program must be delivering on one of these. Within this document you will find each social impact, the definition of the impact, successful examples of how to demonstrate that programming achieves the impact and how that will be measured.
Project Budget Template
This was established by the Foundation and is required to be used if invited to submit an application.
Project Budget Template User Guide
For questions about investment eligibility, please contact foundation@fmi.com.