Grants are open to 501(c)3 nonprofits serving Yolo County residents in good standing with the IRS (or programs fiscally sponsored by such organizations). If the program is part of a larger effort that extends beyond the county, grantee must demonstrate that all funds from this grant are spent for the benefit of Yolo County residents.
Nonprofits must be serving a public purpose or public need.
Businesses and individuals are not eligible at this time, however grants to nonprofits that provide direct financial assistance to individuals or businesses can be awarded.
Nonprofits must have (or be willing to create) a financial policy including the following financial controls: 1) Check writing process that includes at least two separate signatures (e.g., one on check and one on check request or two signatures on check), 2) Regular review of bank statements by Finance Committee, Treasurer, or Chair, 3) Regular review of monthly financial statements by Board of Directors, and 4) Approval of annual budget by Board of Directors.
The Yolo COVID-19 Relief Fund also seeks to support organizations that are at risk of closing or have had to substantially reduce services due to COVID-19 and the circumstances it has created. This includes organizations which have seen a significant loss of income, a significant loss of volunteers, or increased costs required to deliver services. Funding from the Yolo COVID-19 Relief Fund would be intended to help the organization stay afloat, so that it is able to rebuild after this crisis ends, and to continue to offer (likely modified) services during this time.
Grants will be reviewed with the following criteria in mind: 1) Outside of this crisis, how critical is this organization to the Yolo community? 2) How impactful is funding from the Yolo COVID-19 Relief Fund likely to be on this organization’s ability to survive and to continue to offer services during this crisis? 3) How effectively is this organization working to address the challenges of this crisis (e.g., by delivering its services in innovative ways, by pursuing other sources of funding, etc.)?