FGC Coronavirus Relief Grant

 

FGC Coronavirus Relief Grant

#SupportOurClubs

Prepared By: The Florida Gold Coast Board of Directors

Released: April 3, 2020

FGC C19 Grant Guidelines and Application

 

The 2020 Coronavirus (COVID-19) outbreak has sparked an unprecedented worldwide pandemic. Local, State, and National government agencies urged a nationwide halt to normal business operations and group gatherings. In the sport of swimming, this includes cancellation of swim events worldwide. In Florida, every locality is experiencing suspension of team training and practices. Widespread government-mandated pool facility closures and beach closures have occurred to the Florida Gold Coast teams throughout Broward, Martin, Miami-Dade, Monroe, and Palm Beach Counties since mid-March 2020. This caused significant disruption to club business operations within our Florida Gold Coast LSC.

 

The immediate financial impact on our US economy, especially small businesses, is dramatic. Clubs/teams are experiencing an urgent need for support through this abrupt and unforeseen cessation of training fee revenue. The impact on coaches is immediate as employers and business owners are forced to make difficult staffing and facility decisions. To lose even one club to COVID-19’s immediate aftermath would be a tragic loss for the LSC.  The FGC LSC Board of Directors offers the opportunity to apply for a one-time relief grant to allow for continued operations in the globally disrupted revenue period (US government-declared disaster dates of Feb 15-June 30, 2020).

 

The FGC’s mission is “To promote growth and development of a diverse swimming community through education, innovation, and a commitment to excellence.” This aligns with our vision “To create a healthy community in south Florida which cultivates safety, fitness and competitive excellence through swimming.” This immediate relief is intended to help club leaders and coaches find time to react and adapt to the changed landscape of local youth sports. It is intended to “bridge the gap” between the pandemic closures to when a club/team has secured longer term recovery resources. This grant is not intended as long-term support or is in any way indicative of future support.

 

TIMELINE:

• April 3, 2020 - Grant application opens at 5pm EST • April 13, 2020 - Grant application due at 5pm EST

• April 17-20, 2020 - Grant recipients announced • Funds disbursed by April 30, 2020

 

FINANCIAL CONSIDERATIONS FOR APPLICANTS:

  • Please comply with all local laws and regulations for financial aid in the State of Florida under Florida Statutes
  • It is recommended to consider all larger aid options available to you, including the U.S. Small Business Administration (government agency) options with regard to the CARES Act of April 2020. This includes the Economic Injury Declaration Loan (EIDL), the Payroll Protection Program (PPP) and other small business loans such as Express Bridge Loans, Debt Relief Programs, etc.
  • The FGC Coronavirus Relief Grant must not be used to duplicate benefits from other financial assistance sources
  • Please consult with a financial and legal advisor to determine which type of financial assistance best suits your needs