Ad
Business

$300,000 in nonprofit recovery funding available through the Community Foundation

The Community Foundation serving Southwest Colorado offers pandemic recovery grants through the Community Emergency Relief Fund to nonprofits across Southwest Colorado.

$300,000 has been designated for 2021 recovery funding, available through four rounds of granting this fall. The first round of funding was recently approved, with $75,000 granted to 28 organizations. Funding ranged from $1,000 to $5,000 for each nonprofit. Grant amounts were based, in part, on organizational budget size. The average grant was more than $2,500 per organization.

The available recovery funding includes $150,000 designated from donations made by individuals to CERF, as well as a matching gift from an anonymous donor, creating a $300,000 infusion for the nonprofit sector which is rebounding after the challenges brought on by the COVID-19 pandemic.

There are three opportunities available to nonprofits through the Foundation’s CERF Recovery Funding Toolkit, including restricted and unrestricted grants, as well as low-interest loans. Nonprofits may select one option to apply for funding.

For more information, visit www.swcommunityfoundation.org/cerf-recovery. Application deadlines for the final grant rounds are Oct. 13 and Nov. 10.