The American Rescue Plan (ARP) was rolled out in March of 2021 and has provided billions of dollars in support to the American people. The funds from this legislation can benefit every person, business, and organization impacted by the ongoing pandemic. Due in part to the pandemic, modern technology has become an even larger part of everyday life for most, including non-profit organizations. In this article, we’ll review what funding is available through the pandemic relief program, and how can it be utilized towards enhancing the IT of a non-profit.
What Does the ARP Provide for Non-Profits?
The American Rescue Plan provides non-profits with access to funding to pay their employees and acquire necessary loans. It also allocates funds for use by local governments to support the organizations in their district.
- Paycheck Protection Program (PPP) Loans: $7.25 billion towards eligible businesses, including non-profits with more than 500 employees at more than one location
- Government Aid: $350 billion to support households, small businesses, and non-profits
- Economic Development Administration (EDA) Allocation: $3 billion to provide support to foundations and non-profits that aid with the necessities of life
- Employee Retention Credit: Enables the offset of payroll tax liabilities for up to $28,000 for 2021 per employee
- Finance Programs: $35 billion for non-profit and small business finance programs
How To Improve a Non-Profit’s IT Using ARP
The financial support given through the ARP can allow a non-profit to better evaluate its spending and use it where it is needed most. A non-profit can utilize a portion of their funds towards their IT services to provide an organized system for the support of so many millions of people that need their help. Taking advantage of programs such as the Employee Retention Credit can free up to $7,000 per quarter per employee that can be used towards improving IT. A local government grant or credit towards the everyday functioning of the non-profit can allow current funds to be allocated to bolster your IT.
When and How To Apply
Go to www.grants.gov to apply for your organizations’ American Rescue Plan benefits via the “Application for Federal Domestic Assistance/Short Organization Form” and the “Grant Application Form (GAF)” in the Arts Endowment’s Applicant Portal. The applications are being processed alphabetically starting August 12th through September 2nd. You can find your specific deadline at arts.gov.
Why Improve Your Non-Profit IT?
Tens of millions of people have turned to non-profits for aid throughout the last year and continue to need assistance. This requires significant organization and support throughout the non-profit community. Having up-to-date technology will keep your non-profit organized and on track to continue supporting those in need.
Better technology is now within reach for non-profits across the U.S. thanks to the American Rescue Plan. Whether you need help improving your IT infrastructure or strengthening your cybersecurity, TPx can help with your managed IT needs. Learn why TPx is the leading IT provider for non-profit organizations across the country.