Nonprofit Innovation Fund
The Nonprofit Innovation Fund is a $40 million investment to assist nonprofit organizations meet the increased demand for resources following the COVID-19 pandemic. It provided grants to help nonprofits that have struggled to invest in transformational vertical infrastructure improvements. Non-Profit Innovation federally funded awards were granted to 24 projects totaling $40,004,650 that activated $91,684,695 in total investment.
Program funds are available through the American Rescue Plan. The Subrecipient, as a non-federal entity carrying out a federal award on behalf of the State of Iowa, shall be considered a subrecipient as defined in the Uniform Guidance (2 CFR Part 200) and is subject to the policy requirements placed upon subrecipients by regulations including, but not limited to, the Uniform Guidance and 31 CFR 35. For compliance processes, please contact the Program Manager using the Correspondence portal in IowaGrants