December 9, 2023
March 30, 2020

How Nonprofits Will Receive CARES Act Funding – Part One

How Nonprofits Will Receive CARES Act Funding – Washington, D.C. – The United States Treasury announced Sunday that FDIC insured local banks, credit unions and qualified lenders have been authorized to distribute CARES Act Funding to Nonprofits. According to this morning’s Senate CARES Act Questions & Answers, “The most efficient way to deliver fast credit to eligible organizations is through existing relationships with local lenders. Under the program, any qualified organization should be able to receive […]
March 28, 2020

CARES Act for Nonprofits – What’s in the Bill For Charities?

CARES Act for Nonprofits – Friday, March 27, the Congress passed and the President signed into law the Coronavirus Aid, Relief, and Economic Security (CARES) Act, a $2 trillion economic stimulus package legislated to provide immediate relief for nonprofits, businesses, individuals and state and local governments.
March 26, 2020

Federal CARES Act for Nonprofits – Pandemic Stimulus

Federal CARES Act for Nonprofits skips pleasantries and goes straight to explaining how particular provisions in new coronavirus-related federal legislation may be beneficial to the work of most charitable nonprofits, sector-wide. Other provisions in the bill may help charitable nonprofits operating in certain subsectors (e.g., arts, education, hospitals), but this article does not address those. Federal CARES Act for Nonprofits (Coronavirus Aid, Relief, and Economic Security Act) Last night, the actual legislative language of the […]
March 20, 2020

Surviving COVID-19 – Lessons From 2008

Charities can survive COVID-19 by applying what we learned from the nonprofits who survived the Greatest Downturn In The Economy Since The Great Depression. Simply review National Development Institute (NDI) & Clemson University’s clinical study evaluating 2008-2011 charitable outcomes involving 470 nonprofit leaders who completed a ninety-item, online survey examining their capacity building initiatives. We asked nonprofit leaders to consider a specific capacity building effort they were undertaking in the future. We examined their underlying […]