Community Foundation Launches Stabilization Grants for Nonprofits Financially Impacted by COVID-19

Springfield—The Community Foundation of Western Massachusetts has announced its next stage of its COVID-19 response effort in the Pioneer Valley, launching Stabilization Grants for nonprofits that have been financially impacted by the pandemic. With these new stabilization grants, the Foundation is also committing to a multi-year approach to focus on the resilience, re-envisioning and rebuilding of nonprofits in the region.

 

Applications for Stabilization Grants are currently being accepted, and the deadline for applications is September 1. Maximum grant awards will be $50,000 and will provide for up to six months of operation.

 

Organizations with various missions and target populations will be eligible to apply for Stabilization Grants, though organizations that serve the most vulnerable populations in the region, work to advance equity and opportunity and have deep roots in the community will be prioritized.

 

In the coming months, CFWM will provide workshops and trainings to assist nonprofits as they evolve to remain active and viable during and post COVID-19.

 

The Foundation will also commit a portion of funding to support organizations whose missions align with the CFWM’s strategic priorities for the coming years: A strong start for all children through high-quality early education and care; accessible and more affordable post-secondary education and training, providing pathways to completion and employment; and a vibrant local arts and creativity ecosystem to support self-expression, economic vitality, and connection.

 

The Stabilization Grants serve as a next phase to CFWM’s COVID-19 Response Fund for the Pioneer Valley, which to date has awarded more than $6 million in grants to nonprofits in Western Massachusetts that are on the front lines of serving vulnerable populations affected by the crisis.

 

To learn more about CFWM’s Stabilization Grants and to apply, visit http://communityfoundation.org/covid-funding-application/.