cocokind impact
foundation

the cocokind impact foundation provides financial grants to female entrepreneurs in health, wellness, and sustainability industries who are focused on creating social impact through business. our foundation is set up by cocokind and managed through philanthropic ventures foundation (PVF), a 501(c)(3) nonprofit, ein number 94-3136771.

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What is the Cocokind Impact Foundation?

The Cocokind Impact Foundation provides financial grants of $2,500 to $10,000 to female-identifying entrepreneurs in the health, wellness, and sustainability industries, who are focused on creating social impact through business. Our foundation is set up by Cocokind and managed through Philanthropic Ventures Foundation (PVF), a 501(c)(3) nonprofit, EIN number 94-3136771.

What is the amount of each grant?

The Cocokind Impact Foundation is providing grants of $2,500 to $10,000 to enable our female-identifying founders with the financial assistance needed to further their business and social impact.

Grants range from $2,500 - $10,000.

Who is eligible to apply for the grant?

Applicants must be 18 years or older. Applicants must be a U.S. resident and owner of a woman-owned business incorporated in the United States. To apply, you must be a female-identifying entrepreneur in the health, wellness, and/or sustainability space with a mission to create greater social impact. Applicants must have not yet raised a round of institutional capital.

What information is needed to apply?

Please fill out the application here. The application will include:
A three-minute video of yourself.

Here’s what we want to see:

1. YOU! – We want to hear about the person behind the business. Take this opportunity to introduce yourself.

2. Your mission – Share your vision with us!

3. Your impact – Don’t be shy, tell us exactly why your business should receive this grant.

4. A proposal of what you will do with the funds granted. Please provide an itemized projection or as much detail as possible on what you plan on using this for. The more detailed your breakdown, the better!

5. A detailed description of your social mission and what impact you hope to have on your greater community.

6. A sample of your product (where applicable) sent to:
Cocokind
498 5th Street,
San Francisco, CA 94107,
ATTN: COCOKIND IMPACT FOUNDATION

Finalists will be invited to virtually pitch their business to a cross-functional internal panel of Cocokind team members, from departments including HR, Brand, Finance, Web, and Community.

In addition to the grant, what else does the program entail?

Along with $2,500- $10,000, every grant recipient will also receive:

- Access to our dynamic and talented Cocokind team 

- The opportunity to connect with relevant team members for one on one advisory support

- Features on all of our marketing channels, including our website 

- Lifetime membership to the Cocokind Impact Foundation Alumni Network

How are grantees selected?

Our selection committee is comprised of various Cocokind team members. We will review all applications submitted on time. The following criteria will be taken into consideration with each application:

- Social Impact & Mission

- Business Model

- Sustainability

- Leadership and Innovation 

- Commitment and dedication to furthering their business in the long-term

Do I have to pay back the grant? What is required if I am rewarded the grant?

Winners are not expected to pay back the grant. Our only requirement is that you pay it forward as best as you can! We’ll support you in taking advantage of all of the resources available to you, along with the grant. We also hope to help you develop a network of like-minded entrepreneurs.

What constitutes as having a social mission?

The business model must have a greater social mission at its core. This could be a financial commitment to a social cause, working directly or indirectly on an issue through the business, or partnering with various social impact groups.

Why do we only accepting pre-raise companies?

Many entrepreneurs don’t make it to the stage of being able to raise institutional capital and limited access to capital can prevent amazing ideas from succeeding.

We want to provide financial assistance to entrepreneurs who have the potential to make lasting impact through their business – without the expectation of anything in return except that they pay the “impact” forward.

When can I apply?

Our application window is September 27, 2020 to October 27, 2020. Winners will be announced in December.

Is there a deadline for applying for a grant?

Applications close October 27, 2020, 11:59 PM PST.

Will I have to submit a W-9 form?

Yes. Awards and prizes to individuals are taxable and must be included in the grant recipient’s gross income.

If my business does not operate in the United States can I apply?

Unfortunately, businesses outside of the U.S. are not eligible.

How many grants will be awarded?

A total of $30,000 will be awarded.

If I am selected as a finalist, does that mean I will receive a grant?

If you are selected as a finalist, you will be invited to virtually pitch your business to a cross-functional panel of Cocokind team members from departments including HR, Brand, Finance, Web, and Community.

After extensive review, winners will be chosen and contacted.

Can I start my application and finish it at a later time? Can I edit my application responses to the questions after submitting my application?

You will need to complete your application in one session. Once you have submitted your application, you will be unable to edit responses. We recommend saving all your application answers prior to submitting just in case!

Can I send samples of my product?

Yes! Please send two samples of your product to:

Cocokind 
498 5th Street
San Francisco, CA 94107
ATTN: COCOKIND IMPACT FOUNDATION. 

Let us know if you'll be sending us something by sharing a tracking number in the application.

How will I know if my application has been received?

You will reach a confirmation page after submitting your application.

How will I know if I have been selected as a finalist?

Finalists will be contacted in November.

Will my competitive business and financial information be kept confidential?

Yes. All applicant information will remain confidential.

Will there be additional documentation or information required after I submit my application?

Winners will need to submit a W-9 Form. Awards and prizes to individuals are taxable and must be included in the grant recipient’s gross income.

What if I don’t have an Instagram, Facebook or other social media account for my business or a business website to link to in the application?

No worries! We do not require you to create one just for this application. You are encouraged to provide links to any social media accounts if applicable.

Who do I contact if I have questions about my application or the application process?

Please contact us at impact@cocokind.com with any questions.

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