Month: March 2020

Horizon NKY Coronavirus Relief Fund

Horizon Community Funds of Northern Kentucky is quickly launching a new fund to support Northern Kentuckians facing increased crises or needs during the COVID-19 pandemic. The Horizon NKY Coronavirus Relief Fund aims to raise at least $4 million, with nearly half of that already committed. The Relief Fund will provide flexible financial assistance to nonprofits serving Boone, Campbell, and Kenton counties in Northern Kentucky that are experiencing increased demand for resources in response to the COVID-19 virus in our community.

To deploy resources rapidly, HCF will not be accepting requests for funding or posting a grant application but will work with community advisors and funders to identify organizations currently providing supports to Northern Kentucky residents that are aligned with the priorities of the Relief Fund to expand available resources and support. For questions regarding the NKY Coronavirus Emergency Relief Fund, and how grant funds will be deployed, please contact Tess Brown at tbrown@horizonfunds.org or 859.292.2849. More information is available here.  

SBA Loans Available for Nonprofits

Ohio Governor Mike Dewine’s request for SBA loans has been approved. Ohio small businesses and nonprofits can apply for loans up to $2 million through the SBA’s Economic Injury Disaster Loan Program. Interest rate for nonprofits is 2.75% with a 30-year term. The loans can be used to pay bills that can’t be paid due to the impact of the pandemic, including fixed debts, payroll and accounts payable.

The loans were also approved for Boone, Bracken, Campbell, Kenton, Mason and Pendleton Counties in Kentucky and Dearborn, Franklin and Union Counties in Indiana. 

Economic Injury Disaster Loan Program

The SBA will work directly with state Governors to provide targeted, low-interest loans to small businesses and nonprofits that have been severely impacted by the Coronavirus (COVID-19). The SBA’s Economic Injury Disaster Loan program provides small businesses with working capital loans of up to $2 million that can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing. 

This post is now out of date and the COVID disaster relief funding is no longer available.

 

May 1 Extended Deadline for United Way “Black Empowerment Works” Grant

The United Way of Greater Cincinnati‘s “Black Empowerment Works” Grant promotes Black economic and social prosperity through self-determination by resourcing and funding grassroots-generated, Black-led ideas, programs and projects. Essentially, it is an equity focused grant and support program addressing poverty in Greater Cincinnati. Deadline EXTENDED to May 1.  More information is available at the OneSource Center Nonprofit Calendar.

Rotary Foundation of Cincinnati Grant due April 3

The Rotary Foundation of Cincinnati provides the funding and resources necessary to support the diverse humanitarian efforts of the Rotary Club of Cincinnati. Its primary goal is to support children, particularly those whose future development is impaired by physical, cultural, emotional, financial and social obstacles. To accomplish this goal, the Rotary Foundation of Cincinnati actively solicits and awards grants to nonprofit organizations. More information is available at the OneSource Center Nonprofit Calendar.   

GCF’s “Supporting Educational Success” Grant due April 3

The Greater Cincinnati Foundation “Supporting Educational Success” grant is due April 3.  GCF has a dynamic history of investing in educational success throughout our eight-county region. We live in a region with sizable disparities by race and economic status, and educational attainment has proven to be a primary means of advancement in our society. RFPs should explicitly address the following purposes: To support in and/or out of school educational efforts that reduce disparities in educational and career attainment for students of color and/or those of low socioeconomic status; or that increase social-emotional learning and health for those students.  More information is available at the OneSource Center Nonprofit Calendar.