HF 4580 Summary

• Appropriates $50,000,000 in fiscal year 2023 from the general fund to provide relief grants to eligible Minnesota nonprofits impacted by COVID-19 pandemic losses.

• Establishes grant amounts based on organizational revenue: $50,000 for nonprofits with $50,000-$1,500,000 revenue; $100,000 for $1,500,000-$5,000,000 revenue; $150,000 for $5,000,000-$35,000,000 revenue; and $75,000 for culturally specific organizations with $250,000-$1,500,000 revenue.

• Requires grants to be administered through the Saint Paul & Minnesota Foundation and six Minnesota Initiative Foundations using randomized selection process, with nonprofit funds usable for working capital including payroll, rent, mortgage, and utilities.

• Mandates minimum grant allocations: $33,000,000 to human services organizations, $6,500,000 to culturally specific organizations, and $7,500,000 to greater Minnesota organizations with specific revenue thresholds.

• Requires nonprofits to be 501(c)(3) public charities located in Minnesota with permanent physical locations, no tax liens, and excludes hospitals, clinics, sports facilities, private schools, credit unions, religious corporations, and higher education institutions.