Deadline: 2-Feb-21
The Rochester Area Foundation is accepting applications online for the $677,794 Olmsted County State of Minnesota non-profit grant program.
The Olmsted County Board of Commissioners has announced that it is allocating funds to small business relief as part of the State of Minnesota County Relief Funding Program. Rochester Area Foundation will administer a $677,794 grant program for 501(c)3 nonprofit organizations affected by COVID-19.
Funding Information
- Grants up to $25,000 will be awarded to non-profits operated in Olmsted County that can demonstrate financial hardship related to the COVID-19 outbreak, specifically a 25% or greater decrease in revenue. Grants will be based on up to 50% of lost revenue from October 1 to December 31, 2020, up to a maximum of $25,000, depending on eligibility.
- Grant funds may be used to cover business expenses, including but not limited to payroll expenses, rent, mortgage payments, utility bills, and other expenses in the regular course of business.
- These are grants and no repayment will be required; they are not loans.
- Note: 5401(c)(8) and 501(c)(19) non-profits that have food and beverage operations do not fit the criteria for this non-profit grant relief; instead, they are being included in the Olmsted County State of Minnesota Small Business Relief grant program.
Eligibility Criteria
- Be a 501 (c)(3) organization or organization fiscally sponsored by a 501 (c)(3) organization.
- Have a physical location in Olmsted County.
- Be in good standing with the Minnesota Secretary of State with no outstanding tax liens.
- Be current on property taxes (if applicable) for 2019 and all years prior, as of May 15, 2020.
- Priority will be given to non-profits:
- That has not received aid from prior Olmsted County non-profit relief grant programs;
- That serve underserved and/or marginalized populations; and/or,
- Provide services to low- to moderate-income individuals and families.
For more information, visit http://rochesterarea.org/olmsted/
