eBay Foundation Add $10 Million to Grantmaking to Support COVID-19 Relief Efforts.

The eBay Foundation recently announced that it is adding $10 million in grants to support COVID-19 relief worldwide. This will increase their COVID-19 related grants to almost $15 million. This additional funding round is the largest in the foundation’s history.

According to Allie Ottoboni, president, eBay Foundation:

“As we navigate our ‘new normal’ amid COVID-19, we all hear — and say — what an unprecedented time this is, and that is undoubtedly true, and so, we felt it was critical to meet the moment and provide an unprecedented level of funding from the eBay Foundation to underrepresented entrepreneurs and small businesses who make our communities what they are.”

The eBay Foundation intends on disbursing the additional grants among local, national, and international organizations, including Kiva, the World Health Organization, Local Initiatives Support Corporation (LISC), Start Small Think Big, and ICA Fund Good Jobs.

Jennifer DaSilva, executive director, Start Small Think Big had this to say:

“This incredibly generous grant from the eBay Foundation will help save small businesses on the front lines of this unparalleled crisis, With eBay’s support, Start Small Think Big will be able to ensure that small businesses, who are so often left behind, have critical access to the services they need the most now.”

The eBay Foundation will also give a portion of the funding will go toward Global Give, eBay’s annual employee grantmaking program to support small businesses and entrepreneurs.

Through Global Give, the eBay Foundation challenges eBay employees to make their communities a better place—where entrepreneurs of all backgrounds are empowered to start and grow businesses and help create opportunities for all.

When COVID-19 was declared a pandemic, the eBay Foundation pledged millions in grants to small business development nonprofits; humanitarian and medical organizations; and emergency assistance funds in the U.S. and abroad. They focused on providing funds to organizations that help underrepresented entrepreneurs. Such organizations include Hello Alice, the Opportunity Fund, and Small Business Majority.

Featured Grants

• Grants of up to $2,000 to Wisconsin minority-owned small businesses in eligible areas to offset financial losses due to the Coronavirus (COVID-19) pandemic.
• Grants of $5,000 to Virginia businesses in eligible locations to mitigate the financial impacts of the Coronavirus (COVID-19) health crisis.
• Grants to USA nonprofit organizations, small businesses, teams, and individuals to enhance Coronavirus (COVID-19) relief efforts

Bonus Grant

Grants to USA for-profit and nonprofit organizations to address political, economical, and cultural challenges presented or intensified by the Coronavirus (COVID-19) pandemic. You will find application details here.