Nonprofit Recovery Fund
The City of Corpus Christi has partnered with United Way of the Coastal Bend to help administer grants through a Nonprofit Recovery Fund. The $500,000 grant fund program will provide grants to qualifying 501(c)3 or 501(c)6 organizations located and providing services in Corpus Christi to support their own administrative costs (e.g., payroll, working capital, utility bills, insurance and other workplace needs). Unlike other funds, these grants are not for direct client services, but rather to help agencies remain in business and operational.
Grants will range in value up to $25,000 and will be approved based on factors such as need, location, planning, eligibility and availability of funds. Agencies will have to submit monthly reports detailing how the funds were used and must stay operational for at least three months after receiving the grant.
- Grants will be awarded to agencies with a positive track record and in existence for more than three years.
- Eligible nonprofit organizations must have annual budgets of no more than $3 million.
- Funds are to be used only for the purposes stated in the request.
- Agencies must provide health and human services, educational services, business support or job training in the Corpus Christi city limits.
- Eligible nonprofits must be governed by a local Board of Directors (not an advisory board).
- Open to 501(c)3 or 501(c)6 organizations that meet other requirements.
- Other requirements as determined by UWCB and the City of Corpus Christi.
How it works:
- Agency representatives must apply online to begin the application process and are subject to organizational review and financial assessment.
- Grants will range in value up to $25,000 and will be approved based on factors such as need, location, planning, eligibility and availability of funds.
- Grant funds may be used for operational expenses, working capital, expenses of debt and workplace needs.
- Once an application is approved, agencies will be required to submit monthly reporting detailing how the funds were used.
- Nonprofit agency must stay open and operational for at least 60 days after receiving the grant or else be subject to repayment.