2010 Economic Recovery Fund

Overview

Last year marked the start of one of the worst economic downturns since the Great Depression. NYSHealth realizes that as the State continues to weather the downturn, nonprofits will be faced with even greater challenges in 2010. The effect is felt disproportionately in New York State where sinking revenues from Wall Street have led to budget deficits projected to rise as much as $10 billion in a single year. Such pressures will force organizations to scale back programs, decrease the number of people they serve, and in some cases, close their doors. In addition to service-providing organizations, a range of nonprofit organizations help shape and advocate for effective health services in New York State and they too are at risk.

The turbulent economy creates new incentives for organizations to cooperate. As nonprofit mergers and acquisitions become more common—even among organizations that previously resisted them—other organizations will develop new partnerships to generate efficiencies and share administrative costs.

In this time of increased need, NYSHealth will dedicate a portion of its funding to assist New York State’s nonprofit health sector in responding to the economic crisis. NYSHealth will allocate $2 million to finance this economic recovery request for proposals. We will make grants to help sustain vital organizations while facilitating their transition to new and reorganized forms that should be more sustainable over time. We seek to promote fundamental, lasting changes in organizations that comprise New York’s health services delivery system.

Please click here to download the detailed 2010 Economic Recovery Fund Request for Proposals (RFP).

Submissions

Potential applicants are required to submit initial inquiries to determine whether a proposed project fits the funding criteria. Such inquiries should not exceed two pages in length and must use the inquiry outline provided. Please click here to download the initial inquiry form. Inquiries should be e-mailed to econrecoveryrfp@nyshealth.org. NYSHealth staff will review the inquiries and respond to potential applicants. The deadline to submit an inquiry form is Tuesday, February 16, 2010 at 4 p.m.

Due to the anticipated competitive nature of this RFP, the online application will not be posted to the NYSHealth Web site. Only notified organizations will receive instructions on how to submit full proposals.

Please contact us at econrecoveryrfp@nyshealth.org with any questions.