April 21, 2020
In an effort to help support nonprofit organizations assisting families and children with essential services, the Maricopa County Industrial Development Authority is contributing $1 million to the Arizona COVID-19 Community Response Fund. Together with many other contributing businesses and organizations, the Arizona Community Foundation created the Community Response Fund to provide general operating support for nonprofits serving their communities. Arizona nonprofits providing community services in response to the COVID-19 pandemic, including childcare, eldercare, education, food, healthcare and mental health, are encouraged to apply for the grants.
Eligible organizations are any Arizona 501(c)(3) nonprofit corporation , government agency, tribal entity or religious organization. Organizations may reapply for additional funding every 30-days during the State of Arizona’s Emergency Declaration. Each nonprofit is asked to answer the question “How has your nonprofit been impacted by the spread of COVID-19 in Arizona?”
About the Authors: Julie Arvo MacKenzie works closely with nonprofit corporations and public finance sector clients to assist with capital project and equipment financings. Brigitte Finley Green serves as bond counsel and helps clients navigate the complex federal tax rules that allow them to borrow money at lower tax-exempt rates. Together Julie and Brigitte have handled countless bond transactions in Arizona for state agencies, universities, counties, cities, school districts, charter schools, 501(c)(3) nonprofit organizations and other entities. [email protected] | 602.222.4971 | [email protected] | 602.222.4990
Disclaimer: This article is not legal advice and is only for general, non-specific informational purposes. It is not intended to cover all the issues related to the topic discussed. If you have a legal matter, the specific facts that apply to you may require legal knowledge not addressed by this article. If you need legal advice, consult with a lawyer.