Its a start! NY Governor Andrew Cuomo announced today $50M for nonprofits in his 2015 Opportunity Agenda. From his press release: ~~~~~~~~~~~~~~~~~~~~~~~~~ Create a $50 Million Nonprofit Infrastructure Capital Investment Program The nonprofit sector provides services to many New Yorkers, including the State’s most vulnerable populations. Many of the services that nonprofits provide on behalf of the state result in long-term cost avoidance and savings by intervening to help avoid crisis situations. To support the work of the State’s nonprofit partners, the Governor will create a one-time $50 million Nonprofit Infrastructure Capital Investment Program. The Program will make targeted investments in capital projects that will improve the quality, efficiency, accessibility, and reach of nonprofit human services organizations that serve New Yorkers. Grants will be awarded through a competitive process, with priority given to nonprofits with State contracts that provide direct services in high-need communities, particularly smaller nonprofits and nonprofits that lack access to other capital funding opportunities.” Full release and 45m video of press conference here:
Posted on: Sun, 18 Jan 2015 22:55:37 +0000
Trending Topics
Recently Viewed Topics
© 2015