News

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This post is now out of date and the COVID disaster relief funding is no longer available.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

March 24 NPQ Free Nonprofit Town Hall “Responding to COVID-19: A Bold Conversation”

Visit here for more information on Nonprofit Quarterly‘s free Town Hall meeting titled “Responding to COVID-19: A Bold Conversation.”  Information from NPQ on this event is as follows:  

“As nonprofit leaders, activists, and funders we are in unchartered waters. Even as we deal with how COVID-19 is impacting our own families and loved ones, we are called to contribute to a larger response: the response of our organizations, our movements, and of civil society at large.

NPQ, believes that how we shape our responses to COVID-19 has far greater implications than the successful containment of this particular and terrifying public health crisis, or even the survival of our individual institutions, though obviously both are critical. NPQ  knows that public health is interconnected with every aspect of our society from access to health care, to financial security, to climate change. And, most fundamentally, to racial justice and the state of our democracy itself.  (more…)