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The mission of The Arkansas Fund is to provide immediate economic relief to Arkansas small businesses impacted by the COVID-19 pandemic. The Fund seeks to rapidly disperse donations to keep businesses open and to avoid employee layoffs during these challenging times.
The Arkansas Fund, a 501(c)(3) tax-exempt organization, was founded to support struggling businesses during these uncertain economic times. Small businesses in Arkansas are facing previously unknown challenges. In the wake of a global pandemic and restrictions on business activity, many small businesses in Arkansas are struggling to survive.
The Fund gives Arkansans a direct path to supporting local businesses. While we may not be able to patronize businesses in the same way as before, we can still lend support until we are all back on our feet. By accepting distributions from The Arkansas Fund, small business awardees agree to use 100% of their gift on immediate operational expenses such as employee wages, rent, and utilities.