December 27, 2020
The Delaware Nonprofit Support Program opened applications Dec. 18 for a third round of funding for eligible nonprofits.
This program is exclusively for nonprofits and leverages $25 million in federal CARES Act funding. These awards are compliance-based and non-competitive. All nonprofits that meet the eligibility requirements are encouraged to apply and to take special note of program changes.
One significant change is an increase to the maximum cap of total qualified expenses per organization from $100,000 to $150,000 over all three rounds of funding. This revised level of funding is inclusive of both parts I and II of the program.
Also, any nonprofit, regardless of operating budget size, is eligible to apply for up to $150,000 in reimbursement if it has qualified expenses that have not yet been reimbursed. This new parameter to the program applies even if a nonprofit organization has already been awarded funds in previous rounds.
To be eligible for the program, an organization must be a 501c3 nonprofit that provides services in Delaware. Part I is designed to reimburse Delaware nonprofits for allowable COVID-19 expenses. Part II assists nonprofits with incremental expenses related to increasing service demand.
If they meet the eligibility requirements for Parts I and II, nonprofits are encouraged to apply for both.
Another new aspect for the third round of funding is that there are no maximum funding levels for parts I and II as in previous rounds, with the total eligibility inclusive of parts I and II at $150,000.
For more information about enhancements for this round of program funding, go to decaresfunds.org.
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