Independent Sector Open Letter in Support of Nonprofits in SBA Process

Independent Sector has released an open letter calling on financial organizations that administer and directly impact the recipients of SBA 7(a) loans to prioritize nonprofits as loan recipients, recognizing them as essential to our nation’s safety net.  Nonnprofits account for a third of the country’s workforce and are the backbone of our recovery effort.  If…

RI COVID-19 Fund Awards $2.4 Million to Nonprofits Providing Services and Basic Needs

Dozens of nonprofits on the frontlines of responding to the COVID-19 crisis are getting $2.4 million in grants from a special fund created by the Rhode Island Foundation and United Way of Rhode Island, which has now awarded $3.6 million in grants, including the first round of grants made March 27. Among the organizations receiving…

LISC Joins with Verizon to Support Businesses with COVID-19 Recovery Fund

Understanding the toll of small businesses closing their doors to help fight the spread of the COVID-19 virus, Verizon will donate $2.5 million to Local Initiatives Support Corporation (LISC), a national nonprofit that has invested $20 billion to fuel economic opportunity for people and communities across America. Over the course of the series, all viewers…

Citizens Announces $5 Million Commitment to Communities Impacted by COVID-19

Citizens Bank announced a $5 million commitment to support communities and businesses dealing with impacts of the coronavirus pandemic. These resources will back both a number of broad-based community support initiatives across the Citizens service area as well as specialized programs focused on providing aid to small businesses and their workforces. “Responding to the needs…

CharterCARE Foundation COVID-19 Fund Supports Local Nonprofits

The Chartercare Foundation’s COVID19 Response Fund has acted quickly to address needs of nonprofits in RI. To date, the Foundation has awarded nearly $100,000 to the following agencies: · Meals on Wheels to address increasing food insecurities among elderly and shut-ins; · Thundermist Health for a call center and outdoor triage unit serving 52,000 patients…

Champlin Foundation Gift Enables Rhode Island Nonprofit Hospitals to Increase COVID-19 Tests

The Champlin Foundation announced today a $1.6+ million, four-pronged philanthropic approach to support Rhode Island’s response to the COVID-19 pandemic. The commitment includes $600,000 that will allow four non-profit hospitals to acquire testing and diagnostic machines to dramatically increase the number of COVID-19 tests that can be taken and completed each day. “No one has…