Here is a new grant from Burn Magazine that seems more than worthy of your time.
From their site:
EMERGING PHOTOGRAPHER GRANT 2010
We are now receiving submissions for a grant of $15,000.
Funding is designed to support continuation of a photographer’s personal project. This body of work may be of either journalistic mission or purely personal artistic imperatives…
The Emerging Photographer Fund grant was initiated by David Alan Harvey in 2008, and is awarded by the Magnum Foundation, a non-profit created by the member photographers from Magnum Photos, Inc…Funding for the EPF has come from several private donors who have chosen to remain anonymous.
The EPF Jury for 2009 was: Martin Parr, Gilles Peress, Eugene Richards, Carol Nagar, Fred Ritchin, Maggie Steber, David Griffin, John Gossage and James Nachtwey…
The EPF grant 2010 submission link: http://burn.slideroom.com
Deadline for submission: April 15, 2010
The winner will be announced in June, 2010