From the American Folklife Center Facebook page:
The Henry Reed Fund for Folk Artists is now accepting applications for 2012. The deadline is March 26, 2012. The maximum award amount is $2,000.
The Henry Reed Fund was established in 1990 in honor of old-time fiddler Henry Reed, to provide support for activities directly involving folk artists, especially when the activities reflect, draw upon, or strengthen the collections of the American Folklife Center. The full details are at the link. Good luck!