May 22, 2020

WEEKLY UPDATE ON NEEDS, RESPONSE AND ACTIONS RELATING TO THE COVID-19 CRISIS

During this crisis, we plan to send weekly updates to keep our community informed. This ninth edition of our weekly update covers these topics:

  • Response to the Nonprofit Needs List:
    • $1,946,376.34! That’s how much has gone from fundholders and friends to the Nonprofit Needs List so far
    • Fundholder Match Program details
  • Stories of help, gratitude

    • Humana Foundation adds $500,000 to Tampa Bay Rapid Response Fund
    • Food, books and protective supplies for residents of South St. Petersburg
    • Offering help and solace for those with mental illness
    • Providing food for residents of Citrus County

May 15, 2020

WEEKLY UPDATE ON NEEDS, RESPONSE AND ACTIONS RELATING TO THE COVID-19 CRISIS

During this crisis, we plan to send weekly updates to keep our community informed. This ninth edition of our weekly update covers these topics:

  • Response to the Nonprofit Needs List:
    • $1,760,000! That’s how much has gone from fundholders and friends to the Nonprofit Needs List so far
  • Stories of help, gratitude

    • CFTB grant provides WiFi to 1,000 needy South Hillsborough families, which allows learning to continue now and through the summer
    • Getting medical care to those without access
    • Cafe con Tampa featuring the Community Foundation of Tampa Bay

May 8, 2020

WEEKLY UPDATE ON NEEDS, RESPONSE AND ACTIONS RELATING TO THE COVID-19 CRISIS

During this crisis, we plan to send weekly updates to keep our community informed. This eighth edition of our weekly update covers these topics:

  • Response to the Nonprofit Needs List:
    • $1,566,000! That’s how much has gone from fundholders and friends to the Nonprofit Needs List so far
  • Stories of help, gratitude

    • Ruth and J O Stone Foundation at the Community Foundation of Tampa Bay gives new refrigerated truck to RCS Pinellas
    • Heartfelt thanks from those not accustomed to asking for help (in response to $10,000 grant to Reach St. Pete)
    • Grant to Seniors in Service provides meals for volunteers

May 1, 2020

WEEKLY UPDATE ON NEEDS, RESPONSE AND ACTIONS RELATING TO THE COVID-19 CRISIS

During this crisis, we plan to send weekly updates to keep our community informed. This seventh edition of our weekly update covers these topics:

  • Response to the Nonprofit Needs List:
    • $1,384,945! That’s how much has gone from fundholders and friends to the Nonprofit Needs List so far
  • Stories of help, gratitude

    • Samaritan Services of Sun City Center gets $25,000 for a new car to transport seniors who can’t drive
    • Humana donates $100,000 to the COVID-19 effort and urges its network partners to join in
    • Gobioff Foundation contributes $50,000, which will help local arts organizations

April 24, 2020

WEEKLY UPDATE ON NEEDS, RESPONSE AND ACTIONS RELATING TO THE COVID-19 CRISIS

During this crisis, we plan to send weekly updates to keep our community informed. This sixth edition of our weekly update covers these topics:

  • Response to the Nonprofit Needs List:
    • $1,000,000! That’s how much has gone from fundholders and friends to the Nonprofit Needs List so far
  • Stories of help, gratitude
    • Redlands Christian Migrant Association gets $117,000+ from anonymous donor
    • Thank you from Wheels of Success

April 17, 2020

WEEKLY UPDATE ON NEEDS, RESPONSE AND ACTIONS RELATING TO THE COVID-19 CRISIS

During this crisis, we plan to send weekly updates to keep our community informed. This fifth edition of our weekly update covers these topics:

  • Response to the Nonprofit Needs List:
    • By the numbers
    • Emotional Support Call Line
    • Creative Clay Connects
  • Share a theater experience from home
  • Resource:
    • Resources from Social Venture Partners: Webinars for nonprofits April 21 and April 22
    • The Tampa Bay Partnership’s State of the Region: COVID-19 Community Report
    • Official websites for reference
    • Media of interest from the past week

April 10, 2020

WEEKLY UPDATE ON NEEDS, RESPONSE AND ACTIONS RELATING TO THE COVID-19 CRISIS

During this crisis, we plan to send weekly updates to keep our community informed. This fourth edition of our weekly update covers these topics:

  • A note of thanks
  • Bright spots of connection, caring:
    • Giving from donor advised funds, Family Foundations almost doubles
    • Read with PAL
    • Giving from donor advised funds surges as pandemic spreads
  • A gift of music: Free broadcasts of The Florida Orchestra Masterworks concerts, recorded live
  • Resource:

April 3, 2020

WEEKLY UPDATE ON NEEDS, RESPONSE AND ACTIONS RELATING TO THE COVID-19 CRISIS

During this crisis, we plan to send weekly updates to keep our community informed. This third edition of our weekly update covers these topics:

  • Nonprofit Needs List grows, and you respond
  • Giving incentive for our donor advised fund holders and family foundations
  • Applications open for SBA loans to nonprofits
  • Monitoring our regional competitiveness during and after the pandemic
  • What nonprofits are seeing and feeling
  • Resources

April 1, 2020

New website is another way to share your nonprofit’s story

This message went out to nonprofits today from Jesse Coraggio, VP, Community Impact:

Dear nonprofit friends and partners,

In addition to the various strategies that we have shared to address the COVID-19 crisis in our community, including the Tampa Bay Rapid Response Fund, the Nonprofit Needs Request form and the Nonprofit Needs List, we are pleased to partner with Social Venture Partners (SVP) to share the launch of the new Tampa Bay CARES (Covid-19 Assessment &  Response Engagement System). 

What is Tampa Bay CARES?

The Tampa Bay CARES site tells your nonprofit’s story: how you are facing the COVID-19 crisis, the impact it has had on your financial operations and how the community can help, including by volunteering. You can contribute and update your information on an ongoing basis — even after this crisis is behind us.

Tampa Bay CARES complements our Nonprofit Needs List, which collects and categorizes specific financial needs to share with potential donors.

March 27, 2020

WEEKLY UPDATE ON NEEDS, RESPONSE AND ACTIONS RELATING TO THE COVID-19 CRISIS

During this crisis, we plan to send weekly updates to keep our community informed. This second edition of our weekly update covers these topics:

  • Nonprofit Needs List is now online
  • Giving incentive for our donor advised fund holders and family foundations
  • Congress passes $2 trillion CARES Act relief bill, which includes provisions for nonprofits
  • SVP launches new resource for nonprofits
  • Non-coronavirus-related work continues
  • Resources

March 27, 2020

TIME-SENSITIVE INFORMATION ABOUT FEDERAL ASSISTANCE FOR NONPROFITS

This message went out today from Community Foundation of Tampa Bay President and CEO Marlene Spalten:

I hope this email finds you healthy and safe after another challenging week for all.

I want to share the following information that I received this evening from the Schusterman Family Foundation about two time-sensitive economic assistance opportunities for nonprofits. Both are available through the federal government’s Small Business Administration (SBA) department and could significantly offset financial hardship due to COVID-19 over the next few months. I encourage you to consider these opportunities rapidly as both funds will go fast.

SBA 7(a) Paycheck Protection Program: Under the CARES Act stimulus bill, you can access up to 2.5 months of payroll expenses in loans. Much of the loan is forgivable if the organization keeps staff on payroll during the loan period. This, in essence, turns a portion of the loan into a general operations grant. The total loan fund is expected to be $349B, and loans will be given out on a first-come, first-served basis. If you are interested, you will have to move fast, as we estimate that there are over 4 million eligible organizations. Application details are expected on the SBA website early next week.

SBA Economic Injury Disaster Loans: EID loans offering up to $2M in assistance are also now available to nonprofits to help overcome temporary loss in revenue caused by COVID-19. The interest rate is 2.75%, with repayment terms of up to 30 years. The application is straightforward and can be completed online. However, please note that this loan does not include forgiveness provision, unlike the 7(a) program. Organizations cannot receive both, unless the loan applications are for different purposes (i.e. personnel and rent costs for 7(a) and other operating expenses for EIDL). The pot of money for this program is also much smaller, so we recommend looking into the 7(a) loans first.

March 25, 2020

NONPROFIT NEEDS REQUEST FORM NOW AVAILABLE

This message went out to nonprofits today from Jesse Coraggio, VP, Community Impact:

Dear nonprofit friends and partners,

We are in an unprecedented time. Our society’s most needy now have less options than ever as they struggle to survive. We know that you, as one of the community’s important nonprofit organizations, are finding it very difficult to address all the current needs.

Our Community Impact team has developed a Nonprofit Needs Request Form, so that we can systematically catalog needs relayed to us by our community nonprofit partners. The form is now accessible on the front page of our website or at https://cftampabay.org/nonprofitneed/.

This is not a competitive grant process. It is an innovative way to share specific needs with us, our fundholders (who granted over $20 million to nonprofits last fiscal year) as well as other philanthropists in the Tampa Bay community. If your submitted request is matched with a donation, we will notify you and transmit funds to address your request as quickly as possible.

If you have any technical questions about the process, please contact Jessica Scites at jscites@cftampabay.org.

Thank you for all your hard work in the Tampa Bay Community during this crisis. Stay safe and healthy during this difficult time.

Jesse

 

March 20, 2020

WEEKLY UPDATE ON NEEDS, RESPONSE AND ACTIONS RELATING TO THE COVID-19 CRISIS

During this crisis, we plan to send weekly updates to keep our community informed. This first edition of our weekly update covers these topics:

  • Tampa Bay Rapid Response Fund Activated
  • Endowment benefits in hands of nonprofits
  • Community Impact, Philanthropy teams mobilizing to match gifts with needs
  • Keeping on top of developments
  • Resources

March 17, 2020

Tampa Bay Rapid Response Fund Now Activated. 

When a crisis, natural disaster or emergency impacts the Tampa Bay area, our donors, partners, corporations and residents immediately look for a way to help their neighbors in need. The Tampa Bay Rapid Response Fund, founded by the Community Foundation of Tampa Bay in March 2020 in the midst of the CORVID-19 pandemic, is a trusted, reliable way to contribute whenever our community is threatened.

Money from the fund can be deployed without delay to community-based organizations at the frontlines of an emergency or natural disaster. In any crisis, the nonprofit organizations most immediately impacted are those who work with our area’s most vulnerable people and families.

March 13, 2020

Update for fundholders, partners and friends

In this time of crisis, when conditions are changing rapidly and information can feel overwhelming, we are grateful to be part of a caring, generous and resilient community. Your immediate health and safety, as always, is our top priority. Because our mission is to strengthen and sustain the Tampa Bay community, we also are concerned about the health and safety of the nonprofits who serve our most vulnerable citizens.

We recognize the strain that the uncertainty and demands of this crisis place on you personally and on our local nonprofits, families and businesses. Please know that we are closely monitoring the situation and stand with you in service to our community.

Be prepared and informed

For updates and health and safety resources, you can monitor these sites:

Help if you can

The nonprofit organizations most immediately impacted are those who work with our area’s most vulnerable people and families. Those include:

  • Food pantries and food distribution agencies
  • Services to the elderly
  • Community health centers
  • Homeless shelters
  • Child-care providers

All our nonprofits are being affected because of increased demand for services, fundraiser cancellations, loss of revenue from closures and other factors. If you planned to make a donation or support a fundraiser soon or if you can give an additional amount now, we encourage you to consider doing so right away.

As specific needs in our community become clear, we will share those updates with you. If you work with or for a nonprofit that sees an increased demand for services or is significantly impacted by COVID-19, please let us know.

If you have questions about nonprofits and their needs, please contact Jesse Coraggio, VP, Community Impact.

If you have questions about ways to give, please contact Sheila Kinman, Senior VP, Philanthropy.

Our operations

Our offices are operating remotely. We have postponed events and limited contact based on the CDC’s recommendations for social distancing. Our phones (813.282.1975) continue to be answered from 8:30 a.m. to 5 p.m. Monday through Friday, and our staff remains accessible by phone and email.

  • FUNDHOLDER GRANTS: We are processing grant requests submitted by our fundholders as normal. Fundholders can make grant requests through our Donor Portal. If you need help accessing the portal, please contact Patti Strippoli.
  • ENDOWMENTS: In the next week, we will mail checks to the nonprofits that benefit from endowments held at the Community Foundation. These checks contain the support the nonprofits receive twice a year from those endowments. If you have questions about the endowment distributions, please contact Kory Burkley, CFO.
  • INVESTMENTS: Our investment strategies have always been crafted for the long-term to better weather volatility in the markets. While our investments have been impacted in the past few days, our strategies have significantly protected our investments so far. In collaboration with our Investment Committee and investment consultants, we continue to monitor the financial markets. If you have questions about our investments, please contact Kory Burkley, CFO.

As always, we value your commitment to serving our community. And we pledge to remain your trusted partner in philanthropy, especially in this challenging time. Please feel free to reach out if you have questions, suggestions or comments.

Marlene Spalten, President and CEO
Kory Burkley, VP and CFO
Sheila Kinman, Senior VP, Philanthropy
Jesse Coraggio, VP, Community Impact
Wilma Norton, VP, Marketing and Communications