Resources for Nonprofits

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There are a number of master lists of funding programs for small businesses and nonprofits that are being continuously updated, including:

We’ve picked the most relevant programs from these lists and included them below for your reference.

The National Council of Nonprofits published a comprehensive chart comparing SBA loan options available to nonprofits. We suggest you start there, then read the summaries below.

SBA Paycheck Protection Program Loans (lesser of $10 million or 2.5x average monthly payroll)

  • What It Is: Partially forgivable 1% interest loans (with a 2 year maturity)

  • Who It’s For: Small businesses and nonprofits

  • How It Works: SBA is making forgivable loans available through its existing network of 7(a) lenders. A portion of these loans – which cannot exceed 2.5x your average monthly payroll or $10 million, whichever is less – become forgivable if you keep your existing payroll in place for an 8 week period. If you do, you will not have to pay back any of the loan you used for payroll (and a small portion you used for mortgages, rent payments, leases, and utility service agreements) during that 8 week period. This effectively means that the loan acts like a cash grant – as long as you can keep your employees on payroll during the next eight weeks.

For More Information/To Apply:

SBA Economic Injury Disaster Loan Program (up to $2 million)

  • What It Is: Loans direct from SBA at 2.75% for nonprofits, with a possible $10,000 advance.

  • Who It’s For: Small businesses and nonprofits

  • How It Works: The US Small Business Administration’s (SBA) EIDL Program is designed for businesses impacted by disasters, including businesses impacted by COVID-19 in Alabama – an EIDL can help you meet necessary financial obligations that your non-profit organization could have met had the disaster not occurred.

For More Info / Apply Online: Use SBA’s Disaster Loan Assistance website. If you need help, contact ASBDC.

KIVA Crowdsourced Loans ($0 – $15,000)

  • What It Is: Crowdsourced loans at 0% interest with no fees

  • Who It’s For: Small businesses and nonprofits

  • How It Works: Refer to image on the right

For More Information / How To Apply: visit kiva.org/borrow.

GoFundMe Nonprofit Grants (no minimum or maximum)

  • What It Is: Crowdsourced donation platform to help nonprofits access national donors (no requirement for repayment)

  • Who It’s For: Nonprofits

  • How It Works: GoFundMe gives charities options to either raise directly for themselves (to cover organizational expenses) or for employee relief funds (to help employees furloughed or laid off during the outbreak).

For More Info / Create a Campaign: 

Central Alabama Community Foundation – COVID-19 Grants (Central Alabama-area only)

  • Who It’s For: 501(c)3 nonprofit organizations

  • How It Works: The grants will be limited to $2,500 per 501(c)3 nonprofit organization.

For More Information: Please visit https://cacfinfo.org/give/covid19/

ASPCA – COVID-19 Relief Grants

  • Who It’s For: Animal Shelters, Foster Programs, Veterinary Offices

  • How It Works: ASPCA is accepting grant proposals for general operating or program expenses to help meet budget shortfalls and support essential life-saving services for animals such as safety net, adoptions and foster programs, and veterinary services.

For More Information: Please visit https://www.aspcapro.org/grant/2020/03/23/aspca-covid-19-emergency-relief-request-proposals

 

No Kid Hungry – COVID-19 Relief Grants

  • Who It’s For: School Districts and Community Organizations Offering Food Services

  • How It Works: No Kid Hungry is offering emergency grants to support local school districts and nonprofit organizations in their efforts to ensure kids get the nutritious food they need.

For More Information: Please visit https://www.nokidhungry.org/coronavirus-grant-request

We have inquiries out to all major statewide foundations, including Regions, Alabama Power, Protective, and others, to ask whether they would like to receive COVID grant requests at this time. If so, we will list those applications and priorities here.

Alabama Department of Labor (State Benefit – Unemployment Claims)

Families First Coronavirus Relief Act Implementation (Federal – Employee Leave)

  • Who It’s For: All Employers

  • What It Does: Effective April 1, companies with 500 employees or less are required to offer paid sick leave and other benefits to all employees (with a new tax credit to help offset those costs – see Federal Payroll Tax Credits section). The US Department of Labor has issued clarifying guidance around how to implement the Act.

For More Information: Start with this helpful resource guide from the National Council of Nonprofits on Families First Act implementation.

Nonprofits can sell gift certificates for future visits just like for profit entities can!

Support Local

  • Maintained by USA Today, Support Local has the broadest statewide and national coverage–if you are a nonprofit with a revenue model, this could be a new way for you to make sure your patrons stay engaged.

Center for Disease Control: Coronavirus Guidance. The Center for Disease Control has produced guidance for companies to best respond to the COVID-19 virus. Major topics include:

  • Preparing Workplaces for a COVID-19 Outbreak

  • Reducing Transmission Among Employees

  • Maintaining Healthy Business Operations

  • Maintaining a Healthy Work Environment

Alabama Department of Public Health. The Alabama Department of labor is a comprehensive COVID-19 resource for the state. Major topics include COVID-19 Related Emergency Actions of Alabama State Agencies and Resources for Patients.

Alabama Department of Labor: Coronavirus Guidance. The Alabama Department of Labor has produced guidance for companies to best respond to the COVID-19 virus. Major topics include news releases, weekly initial unemployment claims, information about coronavirus and unemployment insurance benefits, and more.

Do you have a program or know of an initiative not listed above that could be helpful?

Please let us know!