The City of Alexandria has designated CARES Act funding to establish the Alexandria Resilience Fund, in partnership with ACT for Alexandria. This effort builds on the significant investment and support provided by the ACT Now COVID-19 Response Fund. This new Fund will support the health and sustainability of local nonprofit organizations that are addressing ongoing and emerging human service needs of City residents impacted by the COVID-19 pandemic.
The disproportionate impact of COVID-19 is a racial equity issue and the pandemic has exacerbated the pre-existing inequities in our community. The Alexandria Resilience Fund intends to support organizations committed to addressing racial equity and that have deep, trusted relationships with communities that have been marginalized and are on the sidelines of Alexandria’s prosperity. This funding opportunity allows us to respond to the critical needs of the community and the organizations that serve the community.
The maximum funding request is $50,000. Funds must be distributed and spent by nonprofits by December 30, 2020.
We envision a vibrant community where all Alexandria residents can thrive. The Fund will support organizations that have incurred unanticipated financial and operational impact as a result of addressing economic security, housing stability, food security, access to health services, equity in education, and safe and supportive places and programs for children and their families impacted by the COVID-19 pandemic. To support the sustainability and health of the nonprofit organizations serving residents affected by the COVID-19 pandemic, the Fund will support:
- Operational (such as staff salaries, staff well-being support, technology infrastructure, fundraising or accounting consulting/support or other capacity-building investments, rent and utilities)
- Program-specific (such as increase in staff capacity, direct purchases, or other responses to community needs)
- Combination of both operational and program-specific
- Nonprofit must have the immediate ability to carry out proposed programs/services.
- Nonprofit must demonstrate how this funding request will impact City of Alexandria residents who have been negatively impacted by COVID-19.
- Nonprofit must be committed to addressing racial equity and demonstrate deep, trusted relationships with communities that have been marginalized and disproportionately impacted by COVID-19.
- Grant application available – September 25 (Preview the application questions here).
- About the Alexandria Resilience Fund Info Session – September 25. Watch the video here.
- Understanding Financial Health & Planning Ahead Session – October 1 - Register at: https://zoom.us/webinar/register/WN_lVI2MCROQI-2-04BHwBJ3g
|Grant Round||Grant Deadline||Grant Decision Made|
|1||October 1, 2020||October 9, 2020|
|2||October 8, 2020||October 16, 2020|
|3||October 15, 2020||October 23, 2020|
|4||October 22, 2020||October 30, 2020|
|5||October 29, 2020||November 6, 2020|
|6||November 5, 2020||November 13, 2020|
|7||November 12, 2020||November 20, 2020|
- Can organizations apply for grant funding from multiple CARES Act supported programs – i.e. AEDP & Alexandria Resilience Fund? Yes, an organization can apply to multiple sources, but cannot seek funding for the same request.
- Can an organization receive multiple grants from the Alexandria Resilience Fund? We understand that new needs may emerge throughout the fall. Organizations may submit an additional application, but first-time requests will take priority. If you have questions, please contact Brandi Yee at firstname.lastname@example.org.
- What are the reporting requirements for grantees? A grant report will be due 45 days after grant funding is awarded. The nonprofit will report on key activities, number of people served, share any barriers/challenges, and provide a budget update. A final report will be due in January 2021.
- What if an organization does not spend the all of the grant funds by December 30, 2020? Funds not spent by the deadline will need to be returned to the Alexandria Resilience Fund.
If you have additional questions, please contact Brandi Yee at email@example.com.
October 1, 10:00AM: Understanding Financial Heath & Planning Ahead in a Time of Uncertainty
In these unprecedented times, nonprofit organizations are experiencing a variety of challenges including shifting staffing structures, sudden changes in service delivery or capacity, and potential losses across multiple revenue streams. These changes put the financial health and resilience of nonprofits at risk as they navigate the current reality while staying mission focused. This webinar will address critical areas of focus in a time of uncertainty and provide tools that can be used in the short-term. The workshop will also include Q&A and information about the Alexandria Resilience Fund. Other topics include:
- Grounding financial decision-making in your values
- Understanding your current financial position and what resources are available
- Levers to increase resources available for immediate response
- Tools for cash flow for the short term
This workshop is hosted by ACT, in partnership with Andrea Mills and Maria-Veronica Banks from Fiscal Management Associates.