Small business funds for nonprofits
To the Editor,
Thanks to our new County Council, Delaware County has become the first (and so far the only) county in the Philadelphia region to disburse their small business funding to nonprofits as well as for-profits. The council last week created the Delco Strong 2 Non-Profit Fund with an initial $4 million, recognizing that nonprofits don’t just provide valuable services, but are also employers, with many small businesses depending on them for their livelihoods. We need them to survive the pandemic and economic downturn if we are to fully recover.
If you are involved in any way with a nonprofit that has an annual revenue of less than $9 million, and lists a Delaware County address on the first page of its IRS 990 tax filing, please let their leadership know that it could be eligible for a grant of between $25,000 and $50,000 from this new fund.
Please help us spread the word so that as many eligible non-profits as possible benefit from this great opportunity.
Grant proposals must be submitted by Tuesday, July 21, at 5 p.m. The grant application is available online at delcofoundation.org.
Because the Foundation for Delaware County’s COVID-19 Response Fund received donations from so many Delaware County residents — a large number of whom are from Swarthmore — the county selected the foundation to run the Delco Strong 2 Non-Profit Fund.
Thank you again to all who donated to the Delaware County COVID-19 Response Fund. Your gifts are being leveraged for even greater impact with this exciting new opportunity.
Frances Sheehan, President
The Foundation for Delaware County