Iowa Nonprofit Recovery Fund Application Period Extended, Eligibility Expanded

Date: 
Friday, August 14, 2020

For more information contact:

Betsy Shelton, Volunteer Iowa, 515.348.6228

Iowa Nonprofit Recovery Fund Application Period Extended, Eligibility Expanded

Financial Assistance Available to Eligible Nonprofits Impacted by COVID-19

August 14, 2020 (DES MOINES) – Volunteer Iowa and the Iowa Economic Development Authority (IEDA) announced an extension of the Iowa Nonprofit Recovery Fund application period due to the August 10 derecho and resulting widespread loss of power and internet access. The Nonprofit Recovery Fund will now remain open and continue to accept applications until funds are exhausted. Eligibility criteria has also been expanded beyond the priority service populations, so all nonprofit organizations experiencing COVID related hardships are encouraged to begin the application process to see if they qualify.

The Iowa Nonprofit Recovery fund is an extension of the Iowa Small Business Relief Grant Program. The program provides short-term relief to nonprofit organizations that experienced a net loss due to COVID-19. Eligible nonprofits may be awarded a grant up to $25,000, based on a variety of income and expense factors. The program has $10 million available, which was allocated through federal CARES Act funds.

“As a result of the widespread impact of Monday’s storm, Iowa’s nonprofits are once again stepping up to help their communities recover from disaster, even in the midst of challenges faced due to the COVID-19 pandemic,” said Adam Lounsbury, executive director of Volunteer Iowa. “We are extending the application period to ensure eligible organizations who are providing relief for those at a disadvantage the opportunity to apply for a grant through this program.”

For more information on eligibility and assistance or to apply, visit iowabusinessrecovery.com.

Questions regarding the Iowa Nonprofit Recovery Fund can be addressed by calling 515.348.8897 (toll free: 855.854.2440).

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Printed from the website on December 02, 2020 at 3:36am.