On July 30, Governor Kay Ivey announced $50 million will be made available for grant programs called the “Alabama Nonprofit Grant Program” and the “Alabama Faith-Based Grant Program” to support nonprofit and faith-based organizations impacted by the COVID-19 pandemic. Alabama has designated a portion of its federal CARES Act funding to help nonprofit and faith-based organizations affected by the COVID-19 pandemic.
Qualifying nonprofit or faith-based organizations can receive up to $15,000 in grant funds to cover eligible expenses that were not reimbursed by federal assistance, such as the Paycheck Protection Program. The grants will be awarded on a first-come, first-served basis with up to a $25 million aggregate cap in each program. The application will be available on August 3, 2020 and can be submitted through 12:00 pm CDT on August 14, 2020.
Qualifying nonprofit and faith-based organizations are based in Alabama and will need to certify that the amounts distributed through this program will not be used for certain expenses. Learn more about eligibility criteria and access more information about this program here.
To learn more about how this program can impact your specific organization, reach out to your Warren Averett advisor directly, or ask a member of our team to reach out to you.