Beshear announces $75M fund to help nonprofit organizations recover from pandemic

August 5, 2022 | 12:06 am

Updated August 5, 2022 | 12:02 am

Gov. Andy Beshear on Thursday announced a $75 million fund to help Kentucky’s nonprofit organizations recover from the effects of the COVID-19 pandemic. The Team Kentucky Nonprofit Assistance Fund will provide one-time direct relief payments, up to $100,000 per eligible nonprofit organization.

“Kentuckians rely on our 20,000-plus nonprofits, each with a unique mission,” Beshear said. “They provide families with assistance, advocacy and aid during our hardest times, in addition to fostering education and culture through the arts. During the pandemic, nonprofits faced a variety of challenges, and many continue to struggle. With this relief, we can help these crucial organizations continue to help the communities they serve.”

Nonprofits can apply at TeamKYnonprofitfund.ky.gov. The online application portal will close at 4:30 p.m. Oct. 1, 2022. To be eligible, organizations must be based in Kentucky, in active operation, remain active for the entirety of calendar year 2022, and have experienced net negative revenue between calendar years 2020 and 2021.

The Team Kentucky Nonprofit Assistance Fund is funded by federal American Rescue Plan Act  dollars. The Public Protection Cabinet is administering the program.

The Kentucky Nonprofit Network has information to assist nonprofits in the application process and other technical information posted on its website at kynonprofits.org.

“Nonprofits are Kentucky’s third-largest private sector employer,” said Danielle Clore, CEO of Kentucky Nonprofit Network. “Many organizations have had to scale back or close programs entirely because of staffing and other costs. While these are one-time funds and won’t solve the crisis facing many of Kentucky’s nonprofits, unrestricted relief is incredibly helpful and ultimately benefits the Kentuckians nonprofits serve.”

August 5, 2022 | 12:06 am

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