Case Study: Xcel Energy Foundation achieves faster, streamlined grant approvals and payments with Bonterra CyberGrants

Creating Process Efficiencies to Fuel Greater Impact for Local Communities

Xcel Energy Foundation, which manages charitable giving and volunteer programs for Xcel Energy, faced an inefficient, paper-driven grant-approval process that required signed agreements and payment details before funds could be disbursed. To streamline this, the Foundation partnered with Bonterra CyberGrants, using the CyberGrants platform’s configurable approval engine and online portal to modernize intake and approvals.

Working with Bonterra CyberGrants and its account team, Xcel Energy Foundation implemented pre-qualification questionnaires, a rules-based approval workflow, and a portal that delivers system-generated instructions, stores documentation centrally, and enables electronic signatures and payment submission. The result is faster, online approvals and reduced delays for nonprofit partners, with a fully integrated workflow that saves time and money and consolidates all grant data in one place.

Xcel Energy Foundation

Veronica Hayden

Corporate Giving Representative