Nonprofits Can Receive Up To $25,000 From Iowa’s Nonprofit Recovery Fund

Iowa nonprofits can receive up to $25,000 in assistance through Volunteer Iowa and Iowa Economic Development Authority’s Nonprofit Recovery Fund.The fund, launched Monday as part of IEDA’s Iowa Small Business Relief Grant Program, has $10 million available to help nonprofits reeling financially from coronavirus. The size of the grants will depend on the nonprofit’s “income, expenses, outstanding obligations and other state and federal assistance received.”“It is important to lift up these organizations that are serving vulnerable populations across the state,” said Debi Durham, IEDA and Iowa Finance Authority director, in a statement.