In Phase 3, which runs throughout 2021, the Fund will deploy approximately $9,100,000 for resilience efforts.
The Fund's Advisory Committee conducted a survey in December 2020 that asked our nonprofit partners both what challenges they were facing AND what challenges their clients were facing. Several themes emerged from the survey results, and those are the areas that Mid-South COVID-19 Regional Response Fund will focus on its funding on in 2021. Some of those include:
Supporting small businesses
Continued learning cohorts
Other opportunities for support
The Advisory Committee continues to work with nonprofit and government partners to develop the right programs to address issues identified in our nonprofit survey and research. We will will continue to announce grant awards and programs throughout the next several months. Click the plus signs at right to see grant details for categories we have publicly announced, below.
Represent a nonprofit? To stay up-to-date on announcements related to upcoming grant opportunities, sign up for our LIVEGIVEmidsouth nonprofit newsletter. All future Mid-South COVID-19 Regional Response Fund grant rounds will be shared with our nonprofit partners here first.
Click the plus signs at right to see grant details for categories we have publicly announced, below.
Operating Support Grants for Mid-South Nonprofits
In response to a survey of 170+ nonprofits in December 2020, the Mid-South COVID-19 Regional Response Fund will award $4 million over two operating support grant rounds in 2021.
Half of those funds are earmarked for small- to mid-size agencies serving priority populations. That application process closed in February, and recipients of the first $2 million in funding will be announced in the spring.
A second, $2 million operating support grant round is scheduled to launch in the second half of 2021. Details about this grant round will be announced at a later date.
Supporting Small Businesses
River City Capital Investment Corp.(Feb. 24): $750,000 for small businesses through the community development financial institution’s COVID-19 Relief Grant program. Businesses will be able to apply for $20,000 in grant support—which, unlike loans, do not require repayment. Preference will be given to businesses owned by people of color and to restaurants. Community LIFT will announce the process for obtaining grants soon.
United Housing, Inc. (Mar. 3, 2021) $500,000 for foreclosure prevention services, mortgage assistance, and administrative funds to help individuals facing foreclosure because of a pandemic-related hardship.
Community Investment Principles
This grant process incorporates and upholds the Community Foundation’s Community Investment Principes. These values guide our grantmaking as we strive to carry out our vision for the Mid-South to create a just and equitable region.