The creation of Southwest Montana COVID-19 Response Fund is a joint effort between the Greater Gallatin United Way (GGUW) and Bozeman Area Community Foundation (BACF) to streamline support and focus it to the areas of our region that need it most at this time.
The Response Fund will provide flexible resources to organizations working with individuals and populations disproportionately impacted by the coronavirus and the health and economic consequences of this outbreak. Initial funding will focus on five primary areas of need: food and supplies distribution, emergency housing, emergency financial assistance, health and wellbeing, and programs and supplies needed to support crisis response. As the situation evolves and additional needs arise, the Response Fund’s priorities and scope may shift or expand to best serve the region throughout the crisis and recovery.
GGUW and BACF are actively working with community leaders, local government, public health, and emergency management officials to monitor and respond to the immediate and evolving needs of the region resulting from the COVID-19 pandemic.
Throughout the changing nature of this unprecedented situation, the fund managers will be convening regional social service providers in order to identify shifts in community needs and address any gaps in crucial services.
A Designation Steering Group made up of governmental leaders, philanthropists and board members from GGUW and BACF. An online application process in place. The Designation Steering Group will meet weekly to review applications and approve distributions.
To apply for funding, click the button below.
It is important to us that our community partners have the resources they need.
This is why we want to keep you up-to-date on funding opportunities.
As of early May, $123 million was made available in grants to Montana small businesses, nonprofits, and health centers impacted by the COVID-19 pandemic.
Keep reading to learn more about the wide variety eligible impact areas. These funds are expected to be allocated by the end of May, 2020. To go to the state’s official website and apply, click here.
The Montana Business Stabilization Grant
- for Montana-owned businesses with 50 or fewer employees
The Montana Innovation Grant
- for companies to expand and improve the distribution of products and services they developed in response to the pandemic
The Montana Food and Agriculture Adaptability Program
- for farmers and ranchers to adapt to the changes that have come with COVID-19
The Emergency Housing Assistance Program
- for rent, security deposit, mortgage payment and hazard insurance assistance to Montanans who have lost substantial income
Public Health Grants
- for urban tribal clinics and local and tribal health departments to respond to COVID-19
The Stay Connected Grants
- for long-term care facilities and other organizations to assist seniors
Food Bank and Food Pantry Assistance
- for organizations like food banks to expand their services
Social Services Nonprofit Grants
- for nonprofits to continue their programs and services despite the economic challenges they face
Telework Assistance Grants
- for nonprofits that work with Montanans with disabilities to purchase equipment so they can work from home
*Reporting by the Bozeman Daily Chronicle. Published on May 5, 2020 by Perrin Stein
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) amends the SBA’s Emergency Economic Injury Disaster Loan (EIDL) program.
Non-profits, including 501(c)6s, are eligible for loans under the EIDL program.
Specifically, under the CARES Act,
- Applications are streamlined:
- Waives requirement for a personal guarantee on advances and loans less than $200,000,
- Waives the requirement that an applicant be unable to obtain credit elsewhere,
- Authorizes approval based on a simple check of borrower’s credit score or an alternative method.
- The SBA can provide $10,000 cash advance (available within three days of application) to serve as a grant if the money is used to maintain payroll, mortgage or lease payments, increased costs due to supply chain disruption, or the repayment of obligations that cannot be met due to revenue losses from the COVID-19 pandemic.
For More Information, please visit the SBA’s website: https://disasterloan.sba.gov/ela/
PPP Loan Forgiveness
The US Small Business Administration, in consultation with the U.S. Department of the Treasury, released the Paycheck Protection Program (PPP) Loan Forgiveness Application and detailed instructions for the application. The form and instructions include several measures to reduce compliance burdens and simplify the process for borrowers. You will find the Loan Forgiveness Application HERE.