What does the new economic stimulus legislation mean for your nonprofit?

 In Fundraising

The Obama Administration launched Recovery.gov as a way for the public to track spending and progress of the $787 billion American Recovery and Reinvestment Act of 2009 – also called the “Recovery Act” and the “Stimulus Package.” If you are interested in learning how that spending could relate to nonprofits or public agencies, a few good resources are already available. Many public agencies responsible for distributing funds to state programs and nonprofits, through grants and loans, have already set up Web sites.

Recovery Act Resources for Nonprofits

Zimmerman-Lehman – “The Stimulus Package: Is Your Nonprofit Receiving Funds (or Should It)”

Council on Nonprofits – Special Reports on Economic Stimulus & Recovery

The National Endowment for the Arts has posted grant guidelines for $50 million in Recovery Act grant funds.

Apollo Alliance – Describes how $113.5 billion will benefit “green-collar” jobs and training, cleaner energy, energy efficiency, high-mileage electric vehicles and renewable energy over the next two years.

National Recreation and Park Association – How the Recovery Act will benefit parks and recreation.

California State Water Board – $280 million for “shovel ready” projects in California that will create jobs immediately. At least 20% must go toward “green projects” – water efficiency, energy efficiency, green infrastructure, and environmentally innovative projects.

U.S. Department of Education – Overview and Implementation

U.S. Environmental Protection Agency – Overview and Grant Programs

U.S. Department of Justice – Including $1 billion to the Community Oriented Policing Services (COPS) program; $225 million to the Office on Violence Against Women

Community Development Financial Institutions Fund – Including $3 billion in New Markets Tax Credits and an additional $90 million for the CDFI grant program.

U.S. Dept. of Health and Human Services – Including more than $15 billion in federal assistance to help states cover the costs of Medicaid programs.

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