Wabash Valley Community Foundation Launches COVID-19 Recovery Fund
Building upon the success of the $1-for-$2 matching challenge grants to the Terre Haute Children’s Museum and the Sheldon Swope Art Museum, the Community Foundation is now offering other qualified organizations an opportunity to secure funding to recover from the adverse financial effects the pandemic has had on their organizational budgets.
Eligible 501(c)(3) organizations in Clay, Sullivan and Vigo counties may apply for up to $10,000 in a $1-for-$2 match. A successful $10,000 request would be such that the organization raises $20,000 once it receives the $10,000 match from the Community Foundation, resulting in a $30,000 boost to its financial recovery efforts.
The request and total fundraising goal must reflect a need that is demonstrated in the organization’s request. For example, if your organization’s revenue was $15,000 less than projected, an appropriate request would be for $5,000. If successful, this would result in a total fundraising sum of $15,000. It is essential that the loss of revenue being reported is directly related to COVID-19 restrictions.
The application and its supporting documents MUST BE RECEIVED BY THE COMMUNITY FOUNDATION AND IN-HAND BY 5:00 PM ON WEDNESDAY, MARCH 17, 2021.
Funding in Clay, Sullivan and Vigo counties is limited. A submitted request does not automatically qualify an organization for the program. All requests will go through a committee review process to confirm eligibility. It is expected that successful applicants will be notified by April 1 to participate in the matching period from April 1, 2021 to September 30, 2021.
For questions, please contact Kelli Miller at 812-232-2234 or at email@example.com.