iowa nonprofit recovery fund

The Iowa Economic Development Authority, through funds allocated by Governor Reynolds via the CARES Act, are now offering the Iowa Nonprofit Recovery Fund to assist nonprofits economically impacted by COVID-19. Applications are being accepted until all funds have been exhausted.

Additional information and application materials can be found here.

VIRTUAL GRANTS WORKSHOP

Iowa West Foundation and PCCF hosted a free Virtual Grants Workshop on the Southwest Iowa COVID-19 Response Fund.

For our nonprofit partners who are unable to meet payroll as a result of fundraising loss, event cancellation, or other COVID-19 related impacts, this workshop will guide you in the process of applying to the Southwest Iowa COVID-19 Response Fund for operating costs.

** Note: only nonprofits with physical facilities in Southwest Iowa are eligible for this support.

Recorded June 24, 2020

Best practices and considerations for nonprofit re-engagement

Please note: these guidelines are intended simply as recommendations for organizations. Should nonprofits have specific questions regarding legal or financial issues, they should consult their own counsel and financial professionals.

PCCF_Nonprofit Plan for Re-engagement - May 26, 2020.pdf

new information on the paycheck protection program and cares act

Signed into law by the President on June 5, 2020, The Paycheck Protection Program Flexibility Act amends the Paycheck Protection Program (PPP) to give borrowers more freedom in how and when loan funds are spent while retaining the possibility of full forgiveness.

Key points:

  • Borrowers now have 24 weeks to spend loan proceeds, up from 8 weeks.

  • The PPP Flexibility Act reduces mandatory payroll spending from 75% to 60%.

  • Two new exceptions let borrowers obtain full forgiveness even without fully restoring their workforce.

  • The time to pay off the loan has been extended to five years from the original two.

  • Payment deferment extension

  • The PPP program was extended to December 31, 2020

  • Enhanced rehiring exemptions

  • Deferred payroll taxes

** Borrowers now have 24 weeks to spend loan proceeds, up from 8 weeks. **

Read more.

Visit www.sba.gov for more information.


Southwest Iowa

** Recorded on April 6, 2020

Nebraska

** Recorded on April 7, 2020

For nonprofit organizations looking for a Paycheck Protection Program loan, Fundera's PPP application will help you access banks that are accepting applications from new customers. You could also contact local community banks to see if you can move your business deposit account to their bank in order for them to accept your PPP application. Visit www.fundera.com to learn more about your relief financing options.


** Connect with your accountant or the Small Business Administration if you have questions regarding eligibility or applying. **

FEMA Webinar

TOPIC: COVID-19 Disaster Recovery/Reimbursement - Eligibility and Application Process

HOSTED BY: Douglas Reed, Director of Pottawattamie County Emergency Management


** Recorded on April 17
2020-04-17 13.02 FEMA Funds for Nonprofits.mp4

rESOURCES

  • Food Bank for the Heartland helps individuals find food locations in the region. The Food Bank of Iowa also has a searchable site/map to learn which food bank serves your area.

  • 211 is a service that connects millions of people to help every year.

  • CB Helps

  • COVID Recovery Iowa offers free virtual counseling and assistance for all Iowans affected by COVID‑19.

  • Human Service Advisory Council Resources

  • Iowa Legal Aid is here to help Iowans with free legal advice regarding their legal problems related to the COVID-19/coronavirus crisis.

  • TEST Iowa

      1. Assess. Answer some questions online about yourself and your health at this website. The questions are available in English and Spanish.

      2. Test. If testing is needed, you will be scheduled for a free drive-through test. You will receive the date, time, location, and instructions.

      3. Track. If you test positive for the virus, you will be asked to answer more questions to help prevent spreading the virus. You may be asked where you have traveled recently and who you have been in contact with.

  • MULTI-LINGUAL RESOURCES

How to Help