EMERGENCY FUNDS FOR ARTS ORGANIZATIONS
Currently Accepting Applications:
- A new initiative of the United States Regional
Arts Organizations made possible by The Andrew W. Mellon Foundation, the United
States Regional Arts Resilience Fund will award grants of
$30,000 – $75,000 to small and mid-sized arts organizations in the Midwest,
prioritizing organizations that are led by and serving people of color and
Indigenous people, and/or led by and serving people from rural communities. Deadline: Anyone may nominate an arts organization by filling out a simple online form before July 8, 2020. Organizations may also self-nominate to support their own work.
- La Crosse Community Foundation announces a new grant opportunity to help charitable organizations in La Crosse County survive the economic impact of the COVID-19 pandemic. The Emergency Survival Grant will provide unrestricted funds to nonprofits to offset pandemic-related revenue losses and expenses. Deadline: This grant opportunity will be available the last two grant rounds of the year, with deadlines July 15th and October 15th. Organizations who aren’t yet sure how COVID-19 will impact them financially are encouraged to wait to submit during the October 15th round.
- On June 5, 2020, the Paycheck Protection Program Flexibility Act was signed into law, to provide borrowers greater flexibility in getting their loans forgiven. A joint statement outlining the changes is available here. Please note that while the "covered period" of the loan was extended from 8 weeks to 24 weeks, the deadline for applying for a PPP loan application remains June 30, 2020.
- On June 8, 2020, the Federal Reserve announced the expansion of the Mainstreet Lending Program to small and medium-size businesses. While these types of loans are not the forgivable type and were previously only available to major corporations, the terms may be attractive and provide much more flexibility for use of funds. $75 billion is being made available for these loans through the CARES Act. Please note that the Federal Reserve Board also confirmed that they will soon be announcing an additional loan program specifically for nonprofit organizations.
Resource Pages from our State, Regional and National Partners:
Economic and Jobs-Related Resources:
Institute of Museum and Library Services Arts Organization Responses:
WEDC'S GUIDE FOR MAIN STREET AND OTHER BUSINESSES NAVIGATING COVID-19 TIME
Click on the header above to access the Guide