Princeton Area Community Foundation CEO Jeffrey M. Vega.

The Princeton Area Community Foundation has announced the launch of phase II of its COVID-19 Relief & Recovery Fund grantmaking. The fund, created in March to support community organizations and nonprofits, has already distributed more than $1 million to more than 50 nonprofits working on fighting hunger, preventing homelessness, and assisting with mental health and social services.

An information session on the second round of funding takes place via Zoom on Wednesday, August 26, at 11 a.m. Visit www.pacf.org to register.

Grant applications opened August 25, and grants will be awarded in three categories on a rolling basis over the next three months.

The Community Foundation will fund small nonprofits, with budgets of less than $50,000 through Neighborhood Needs grants. These grants will support work in specific neighborhoods of low-income or vulnerable populations.

Nonprofits can also apply for Continuing Relief & Unrestricted Operating Support for basic needs stemming from the pandemic or in support of operations. Basic needs grants will be made to support relief efforts, similar to Phase 1, including food insecurity and rental assistance. Nonprofits may also apply for unrestricted operating support for new or existing programs that respond to important community needs.

Organizational Capacity-building grants will focus on work aligned with nonprofit recovery and rebuilding. These projects will address new challenges to how nonprofits operate facing decreased revenues, reduced staffing, the need for more collaboration, and new demands on leadership.

A third phase of funding is expected to be launched in late fall or winter to focus on long-term resiliency.

 

 

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