Dividends Through Diversity Grant Program

Dividends Through Diversity Grant Program is sponsored by Nareit Foundation. The Nareit Foundation supports programs that expand employment, entrepreneurship, and investment education in commercial real estate.

Nareit Foundation Opens Application for the 2025 Dividends Through Diversity (DTD) Grant Program | Nareit Nareit Foundation Opens Application for the 2025 Dividends Through Diversity (DTD) Grant Program The Nareit Foundation, through its Dividends Through Diversity(DTD) Giving Campaign and Grant Program supports nonprofit organizations that help increase the participation of underrepresented populations in the REIT and publicly traded commercial real estate industry through employment, entrepreneurship, and investment education programs.

The 2025 grant application is now open, and the deadline for applications is Friday, Nov. 22, 2024, at 3:00 p. m.

ET . Learn more about the grant and application process by watching this information session video. The DTD grant program, which is funded by Nareit and 40 Nareit members, aims to create a REIT and publicly traded real estate industry that is more representative and inclusive of the communities in which people live, work, and spend their leisure time.

The application process is administered by Submittable, and applicants will be required to create an account as the first step before applying. Click here to create your Submittable account and access the grant application. Nonprofit organizations that offer one or more of the following, and meet the criteria below, are encouraged to apply.

Employment Initiatives – The organization develops a diverse or underrepresented candidate pool by preparing talent to advance professionally in careers in commercial real estate, including programs such as, but not limited to: professional/leadership training and development; career training programs; and board membership readiness.

Entrepreneurship Programs – The organization supports Minority- and Women-Owned Business Enterprises (MWBEs) increase their operational knowledge and business sustainability, or increase their business’ profitability, scalability, and overall competitiveness to provide sustainable goods and services to the REIT and commercial real estate industry, including programs such as: business accelerator programs; technical assistance and capacity building programs and initiatives; and Investment Education – The organization increases awareness of and financial literacy around investing, including REIT investment, tohelp build individual, family, and community economic wealth and prosperity.

Eligibility Criteria for Grantees Be legally registered as a 501c3 Have at least five (5) years of operations as a registered nonprofit Demonstrate a sound fiscal and financial position Ensure that no more than 20% of the grant supports administrative costs Serve populations that are recognized as underserved, underrepresented disenfranchised, and/or low income NOTE: Capital projects are not eligible for funding under this grant Anticipated Funding Levels Funding levels for this grant program are up to $100,000 based on scope, scale, project readiness, project budget, applicant responses, and availability of funding.

The amounts may be subject to change. Get Nareit Developments blog posts delivered straight to your inbox.

- None - Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming REITs, or real estate investment trusts, are companies that own or finance income-producing real estate across a range of property sectors.

These real estate companies have to meet a number of requirements to qualify as REITs. Most REITs trade on major stock exchanges, and they offer a number of benefits to investors. REITs historically have delivered competitive total returns, based on high, steady dividend income and long-term capital appreciation.

Their comparatively low correlation with other assets also makes them an excellent portfolio diversifier that can help reduce overall portfolio risk and increase returns. These are the characteristics of real estate investment. Nareit serves as the worldwide representative voice for REITs and real estate companies with an interest in U.S. real estate.

Nareit’s members are REITs and other real estate companies throughout the world that own, operate, and finance income-producing real estate, as well as those firms and individuals who advise, study, and service those businesses. Get Daily Real Estate News