Changes in the wake of COVID-19
Nearly every minute, our community has been presented with new challenges due to the COVID-19 pandemic – and our nonprofits are no different. We understand that you are making very difficult decisions about their programming and the care of your clients and employees.
To better support you and the entire community as needs evolve and change, UWM is modifying its 2020 community investment process. This decision was reached after consultation with the United Way of the Midlands (UWM) Executive Committee, Board of Directors, Community Investment Committee, CIRT Committee and several UWM-funded nonprofit agencies.
The most significant changes are as follows:
- UWM will move to a 1-year grant cycle for 2020-2021.
- To address immediate needs, UWM will make an initial investment in funded programs on July 1, 2020, but a portion of the fund will be withheld for later-in-the-year disbursement. This will allow UWM and its partners to address mid- and long-term needs as they arise.
- Basic needs programs and other essential community activities stabilizing individuals and families will be prioritized through the investment process.
- Reporting requirements will be significantly streamlined for the cycle.
All nonprofits that had previously submitted a grant request for 2020-2022 funding were invited to modify, clarify and consolidate their original application to address how they are meeting community needs in response to COVID-19.
UWM remains committed to a volunteer-led investment process, so volunteers will still review all applications and make funding recommendations to the UWM board. Funding awards will be announced in June.
For more than 95 years, UWM has brought together community partners to help our neighbors through crisis – whether those crises are personal or as widespread as COVID-19. Modifying the CIRT process is just one way UWM has adapted to meet the needs of the community during this challenging time.
For questions regarding these changes, please contact our Community Investment and Analytics team by sending a note to: firstname.lastname@example.org
Coronavirus Emergency Loans for Nonprofits
In late March 2020 Congress passed and the President signed the Coronavirus Aid, Relief, and Economic Security (CARES) Act into law. CARES included the Paycheck Protection Program which provides guaranteed federal loans to non-profits and small businesses through the Small Business Administration. This program is designed to offset financial hardship due to COVID-19. Loans will be given out on a first-come, first served basis.