Maine Philanthropy Center

Building Connections for Maine Grantmakers

Momentum Fund to Help Build Capacity of Nonprofits Managing COVID-19 Funds

Tuesday, June 2, 2020

The recently launched Momentum Fund will support nonprofit organizations managing active COVID-19 relief and recovery funds that are helping communities recover from the COVID-19 pandemic. The Fund will award grants of up to $100,000 to 501(c)(3) organizations managing COVID-19 funds that are providing grants to other 501(c)(3) organizations meeting the needs of communities and populations whose health and/or financial situations have been most severely impacted by the COVID-19 pandemic and who have been historically marginalized in our country.

The Fund will award a total of $8.5 million in grants to help these organizations build their internal capacity to more effectively grow, promote, manage and sustain their funds. The grants can be used to add new staff, acquire new cutting-edge technology, or address other pressing capacity needs. Applications for the Momentum Fund will be accepted through 3:00 pm ET on Thursday, June 18, 2020.

The Momentum Fund is managed by United Philanthropy Forum and has been made possible by a grant from the Bill & Melinda Gates Foundation. To learn more, visit www.momentumfund.org.

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