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
-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.
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 federal501(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.
2022 Community Investment Fund Letter of Intent and Application Dates
Letter of Intent (LOI)
Monday, April 25: LOI opens in CyberGrants.
Wednesday, May 25: LOI closes at 12pm (Arizona time)
by June 21: Approvals and Declines sent
Application (invite only)
A live Virtual Application Training is required for invited applicants. Applicants only need to attend one of the trainings.
June 23: Virtual Training > 1:00pm – 2:15pm (AZ) / 2:00pm – 3:15pm (CO and NM)
June 28: Virtual Training > 10:30am – 11:45am (AZ) / 11:30am – 12:45pm (CO and NM)
July 15: Draft Applications due
July 18-29: Application feedback provided
August 8: Final applications due
September 30: Approvals and declines sent
Award checks will be mailed by end of 2022.
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.
Arizona: Bagdad Operations Communities
Colorado: Lake, Summit, Chaffee and Counties
2021 Media Advisory – Investment Fund Recipients
Arizona: Globe, Miami and Claypool
Arizona: Graham County
New Mexico: Grant County
Arizona: Greenlee County
Arizona: Green Valley and Sahuarita
Colorado: Grand and Clear Creek Counties
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
For questions about investment eligibility, please contact firstname.lastname@example.org.