Alliant Energy News Release

Financial assistance available for nonprofits impacted by COVID-19

Volunteer Iowa and the Iowa Economic Development Authority (IEDA) have introduced the Iowa Nonprofit Recovery Fund. 

The fund provides short-term relief to nonprofit organizations that have been financially impacted by the COVID-19 pandemic.  A total of $10 million is available and has been allocated through federal CARES Act funds. 

Organizations can receive up to $25,000 based on criteria that considers income, expenses, and any other state and federal assistance received.

Initially, eligible nonprofits must have:

  • Experienced a documented, involuntary loss of revenue and/or increase in expenses that occurred after March 1, 2020, due to the COVID-19 public health emergency.
  • An annual operating budget above $25,000.
  • 25 or fewer full-time equivalent employees.

Applications will be accepted until August 14 at 5 pm or until funds have been exhausted.

For more information and to apply for the Iowa Nonprofit Recovery Fund, visit iowabusinessrecovery.com

In addition, Alliant Energy and its Foundation invite community and nonprofit organizations to apply for community grants. Applications will be accepted through September 1. Apply and view the eligibility requirements.