We will continue to update this list of resources available to publishers and other literary stakeholders as we learn of new opportunities. To suggest any additions, please send an email to [email protected].
EMERGENCY RELIEF FUNDS FOR PUBLISHERS
On March 27, 2020, the Coronavirus Aid, Relief and Economic Security Act (the CARES Act) was signed into law and included $75 million for the National Endowment for the Arts, 60% of which was designated for direct grants and 40% for state funding. For information about how to apply for funding, visit the NEA’s website.
The CARES Act also included the Paycheck Protection Program (PPP), which will provide 8 weeks of cash-flow assistance, for any time frame between February 15, 2020, and June 30, 2020, through 100% federally guaranteed loans to small employers who maintain their payroll during this emergency. These loans may be forgiven if the principal is used for expenses for payroll, existing interest payments on mortgages, rent payments, leases, and utility service agreements. Due to enormous demand, the Small Business Administration’s funding for the Paycheck Protection Program has been depleted and the SBA has frozen the loan application process. Congress will need to authorize additional funding in order to resume the program. For more information, visit the SBA website.
The CARES Act also included $10 billion for Emergency Economic Injury Disaster Loans (EIDL) for loans up to $10,000 for small businesses and nonprofits impacted by COVID-19 to be used for providing paid sick leave for employees, maintaining payroll, mortgage/rent payments, and other operating costs.
The Whiting Foundation has shared notes from a webinar it hosted on how to apply for these loans: https://www.whiting.org/writers/federal-relief.
A Breakdown of Loans Available to Nonprofits via the CARES Act, Provided by the National Council of Nonprofits: https://www.councilofnonprofits.org/sites/default/files/documents/cares-act-loan-options-for-nonprofits.pdf
Facebook will be offering $100 million in loans. For more information, visit https://www.facebook.com/business/boost/resource
Other Emergency Funds for Arts Organizations by Location
Forty percent of the $75 million given to the National Endowment for the Arts through the CARES Act will be distributed to states arts agencies. Each state will announce its own guidelines and deadlines to apply. Visit the National Assembly of State Arts Agencies to find agencies in each state.
The Council on Nonprofits has released a list of funding opportunities by region.
Administered by NY Community Trust, the $75 million NYC COVID-19 Response & Impact Fund supports New York City-based social services and arts and cultural organizations that have been affected by the current coronavirus public health crisis by providing grants and interest-free loans to small and mid-size nonprofits to help them respond to emerging needs, cover losses associated with the disruption of their operations, and help them continue their critical work. To learn more and apply, visit: https://www.nycommunitytrust.org/covid19/
Resources from the National Endowment for the Arts
National Endowment for the Arts FAQs and Information for Applicants and Grantees in response to COVID-19:
Resources for Artists & Writers
Resources for Indie Bookstores