Fwd: [members] Request for Proposals - Black Farmers Discrimination Litigation Cy Pres Phase I Grants

[Karen Lehman]

From: Cy Pres Administrator <admini...@blackfarmercypres.com>

Subject: Application Period Open - Black Farmers Discrimination Litigation Cy Pres Phase I Grants

Date: July 31, 2017 at 1:20:30 PM EDT

Lead Class Counsel in the In re Black Farmers Discrimination Litigation (Consolidated Case) are pleased to announce details about the Black Farmers Discrimination Litigation (BFDL) Cy Pres Funds, which are approximately $12 million in settlement funds remaining following the final deadline for successful claimants to cash their settlement checks. Awards from the BFDL Cy Pres Funds will be made to 501 (c)(3) tax-exempt nonprofit organizations serving African-American farmers and/or ranchers according to the intent of the Consolidated Case Settlement Agreement. Law firms, legal service entities, and educational institutions are not eligible per the Consolidated Case Settlement Agreement.

It is expected that BFDL Cy Pres Funds will be distributed in two distinct phases: Cy Pres Phase I Grants and Cy Pres Phase II Grants. The Request for Proposals (RFP) for Cy Pres Phase I Grants opened Monday, July 31, 2017 and will close Friday, September 29, 2017. Lead Class Counsel expect to recommend that up to one-third (approximately $4 million) of the total BFDL Cy Pres Funds be eligible for disbursement through the Cy Pres Phase I Grants process. The purpose of Cy Pres Phase I Grants is to stabilize and/or grow the capacity of nonprofit organizations that have both a historic (prior to December 31, 2012) and a current record of providing meaningful agricultural, business assistance, and/or advocacy services to African-American farmers and/or ranchers operating in rural/non-urban areas of the United States.

For more information on the BFDL Cy Pres Funds and the Cy Pres Phase I Grants Request for Proposals please visit www.blackfarmercase.com/CyPres.aspx.

Sincerely,

Cy Pres Grants Team

On behalf of Lead Class Counsel in the In re Black Farmers Discrimination Litigation 

____________________________________________________________
You received this message as a subscriber on the list:
mem...@lists.safsf.org
To be removed from the list, send any message to:
members-u...@lists.safsf.org

For all list information and functions, see:
http://lists.safsf.org/lists/info/members