COVID-19 Recovery Funds Available For Ocala Nonprofits
In a recent unanimous decision by the Ocala City Council, 10 percent of the first disbursement of American Rescue Plan Act funds that the City has received will help nonprofit businesses. Overall, the City of Ocala expects to receive more than $12 million in two installments. The Community Foundation for Ocala/Marion County is assisting the City with the distributions of $600,000 in nonprofit grants.
President Joe Biden signed the American Rescue Plan Act (ARPA) on March 11, 2021. The act provides specific funding allocations directly to state, local and municipal government agencies, with the City of Ocala expected to receive more than $12 million. A provision in ARPA states government agencies may use funds to “Address negative economic impacts caused by the (COVID-19) public health emergency, including economic harms to workers, households, small businesses, nonprofits, impacted industries, and the public sector.”
Earlier this year, the Community Foundation surveyed area nonprofits about their continued financial impacts from the pandemic including increases in service demand and lost revenue from special fundraising events and other reduced donations. Of the 50 nonprofits who responded to the survey, more than $9.5M had been reported as lost revenue since the previous year. The negative impact COVID-19 has made is likely much greater given this is just sampling of approximately 1,300 nonprofits located within Marion County.
Applications will be accepted through November 30, 2021 at 11:59 PM.
- Eligible Entity Applicant:
- A 501(c)(3) registered nonprofit organization
- Principal address must be physically located within the city limits of Ocala, FL.
- Principals in the business must have primary residence in Marion County, FL.
- Provide services to City of Ocala residents.
- Is in good standing and up to date with required filings with the State of Florida and the Internal Revenue Service.
- Must have been continuously in business of a minimum of twenty-four (24) months.
- Must have incurred a necessary expenditure due to the COVID-19 health emergency or be directly impacted by a loss or reduction of income as a result of the COVID-19 public health emergency.
- The level of public benefit to be derived must be appropriate given the amount of assistance provided.
- Ineligible Entity Applicant
- For profit business.
- Private foundations or any charitable organization not qualified under section 501(c)(3) of the Internal Revenue Code.
- Any applicant with past due tax liabilities or tax liens or currently in bankruptcy.
- Entity Applicant Documentation
- Entity Applicants will submit financial documentation that may include but not be limited to audits, P&L statements, and balance sheets for the past two (2) years to support the claim of economic hardship attributed to COVID-19. They will be required to detail the financial impact of COVID-19 on their financial position and the plans for use of the grant funds. Applicant should include the economic impact of COVID-19 on the organization the clientele which they serve, and any changes necessary in how services are provided.
- Before-and-after financial snapshots clearly showing the detrimental economic impact COVID-19 had on their organization should be provided by the Applicant.
- Click here to view Exhibit C: Entity Applicant Certification Form (Award recipients will need to complete this form upon receiving funds).
- This grant can ONLY fund expenses incurred between March 3, 2021, and September 16, 2022. Please do not include expenses out of that time frame in your budget.
- Must be only for COVID-19 related projects or items. Taxes or other payments to governmental entities are not eligible for assistance.
- Expenses that have been reimbursed through another grant or relief program (including PPP) are not eligible for funding.
- The allocation of funds for the Program are intended to benefit only nonprofit organizations providing services in the City of Ocala and shall be separate from any similar program for individuals or any other type of entity.