Love Letter Fund

Investing in people to make social change in Austin.

We believe God is calling Covenant to be a love letter to the city of Austin by investing in people who can live out their faith and make positive social change. The Love Letter Fund provides resources to enable more people to live out Covenant's mission to follow Jesus where they live, work, and play.
 

GUIDING PRINCIPLES


SPIRITUAL FORMATION
Invests in people to live out their faith at work.
 

IMPACT ON AUSTIN
Addresses social challenges in Austin
 

CONNECTING COVENANT
Provides a way for Covenant members to connect with and support the initiative.

SUSTAINABLE GROWTH
Includes a plan to live beyond the initial investment from Covenant.
 

HOW IT WORKS

The Love Letter Fund is looking for entrepreneurs and business people who want to address and solve social problems in Austin and members from the Covenant community who want to support their work.
Applicants: If selected, recipients will receive up to $100,000 in funding based on the scope of the project, access to the expertise and resources of the Covenant community, and spiritual support and mentoring. Recipients will provide regular reports to the review committee and congregation.
Mentors: Covenant members can mentor Love Letter Fund recipients. Mentors provide spiritual, legal, financial, general business advice, and specific support for each applicant’s project.

THE PROCESS

Application due date: December 13, 2020
Semi-finalists: Receive feedback in mid-January from experienced mentors from Love Letter Fund committee members.
Finalists: Beginning in February, finalists will pitch their refined ideas to a panel of judges who will select the final Award Recipients.
Award Recipients: By mid-February, award recipients receive funding to launch or scale their ventures, as well as mentorship and spiritual support from Covenant members. 

APPLY FOR GRANT BE A MENTOR


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