DES MOINES, IOWA (May 27, 2022) — Governor Kim Reynolds has announced a $20 million investment to help non-profit organizations in Iowa expand to meet the needs of more Iowans.
The new Nonprofit Innovation Fund will provide a competitive grant opportunity to help non-profit organizations make transformational investments in vertical infrastructure that will enable them to offer additional services or help more Iowans.
“Iowa non-profits provide critical support to Iowans most in need,” said Gov Reynolds. “While these organizations work around the clock to meet today’s needs, the Nonprofit Innovation Fund will provide innovative and transformational investments to help prepare Iowans for tomorrow.”
Non-profits are encouraged to apply with shovel-ready projects that expand the number of services provided to Iowans and/or projects that increase the number of Iowans served by the non-profit. Eligible expenses for infrastructure projects include construction costs, acquisition, site development, engineering, and architectural services. The program provides awards up to $3 million for infrastructure projects.
Applications will be accepted starting June 27 at iowagrants.gov. Grant recipients must have all funds obligated no later than December 31, 2024, and expended by June 30, 2026. For more information, visit iowaeda.com/nonprofit-innovation-fund/.
Funding for this grant opportunity is made available through the federal American Rescue Plan Act.
