Emergency Relief Fund Updates
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Dear Community Members,
I hope this email finds you and your family safe and well. We are living in unprecedented times. I continue to be amazed by the community’s resilience and grit – stepping up when they are able to support neighbors throughout the region.
As you read the update below, one thing is clear: community need far exceeds available resources. As always, nonprofits are stepping up to respond to our most vulnerable populations. Our local businesses are doing their best to retain employees. We all are being asked to do even more.
Below you’ll find a number of announcements including an update on PPCF Emergency Relief Fund activity, information about Survive & Thrive COS emergency relief funding for small businesses and nonprofits, and an invitation to join us April 8 via video conference for a Community Foundation update from our staff and The Jensen Group at Morgan Stanley.
Thank you to so many of you who have already made a gift; your support is safeguarding seniors, supporting first responders, and feeding our community.
Sincerely,
Gary Butterworth
CEO
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COVID-19 Emergency Relief Grants Awarded
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The strength of our nonprofits has never been more apparent than now, and their response has been swift. And yet, this emergency has challenged them in ways for which they couldn’t have planned.
As of April 2, the Emergency Relief Funds, which include El Paso and Teller counties, have raised more than $980,000 and received more than $3 million in grant requests.
Below is grant activity by the numbers. Click
HERE
for a list of all grantees to date:
- Total Funding Requested as of April 1
- El Paso County organizations: $3.3 million
- Teller County organizations: $220,000
- Total Grants awarded to El Paso County organizations: $520,000
- Total Grants awarded to Teller County organizations: $50,000
Our Process
The Emergency Relief Fund Grants Review Committee meets weekly and is currently prioritizing applications that address immediate and basic human needs related to food, shelter, safety, and healthcare for those serving the most vulnerable populations.
The committee is comprised of representatives from PPCF, Colorado Springs Health Foundation, Pikes Peak United Way, Pikes Peak Regional Office of Emergency Management, Teller County Office of Emergency Management, private foundations, Voluntary Organizations Active in Disaster (VOAD), and a citizen affected by a previous disaster.
We are grateful to Emergency Relief Fund initial funders who made it possible to provide grants within the first week of activating the Fund. We hope that those who are able will continue to join the growing collective of supporters fueling the Emergency Relief Fund. Our ability to remain committed to quickly redeploying the dollars we raise into the community relies on our community's support.
Please continue to share information about the
PPCF Emergency Relief Fund
with those who would like to make a donation and with nonprofits in need of support.
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Survive & Thrive COS Small Business and Nonprofit Loan Fund
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Exponential Impact
, in partnership with PPCF, has established the Survive & Thrive COS Fund, which provides recovery loans, mentorship, and additional resources to small businesses and nonprofits who employ two to 25 full-time employees. Organizations are eligible to receive up to $25,000 in low-barrier loan funding.
If you are interested in making a charitable contribution of $5,000 or less to Survive & Thrive COS, contact Lori Bellingham at (719) 445-0602 or
email her
. Click
HERE
to make a direct investment of $5,000 or more, or for more information, including an executive summary.
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With the outbreak of COVID-19 and limits on large gatherings, individual artists across the country have seen their livelihoods disappear. In most cases, this artistic income is not eligible for state and federal unemployment relief.
To support our artists and meet the unmet need, Pikes Peak Community Foundation and
Bee Vradenburg Foundation
partnered to create the Artist Recovery Fund. The Fund is designed to provide emergency support for individual artists and creative professionals in the Pikes Peak region. For more information, click
HERE
.
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By now, you may have heard of the federal assistance available to nonprofit organizations through the Coronavirus Aid Relief and Economic Security (CARES) Act. Click
HERE
to read more about support available to nonprofits. The Colorado Nonprofit Association (CNA) continues to monitor other resources available to nonprofits on a state and federal level. Check out their work
HERE
.
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Pikes Peak Community Foundation
102 S. Tejon Street, Suite 530
Colorado Springs, CO 80903
(719) 389-1251 | info@ppcf.org
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