April 16, 2020
Nonprofit PPP Loan Program Reaches $350 Cap informs charitable execs on the status of the initial $350 billion emergency loan pool established for nonprofits and small businesses derailed by the coronavirus. “The Small Business Administration (SBA) is currently unable to accept new applications for the Paycheck Protection Program based
April 11, 2020
PPP Loans Nonprofit Nightmare – April 13, 2020 confirms what every nonprofit has been experiencing since the Federal $349 billion Payment Protection Program (PPP) launched on April 3rd. Inside Charity has been silent this past week while our team worked diligently with lenders, borrowers and the Small Business Administration to discover
April 4, 2020
Faith-Based And Church PPP Loans – Easter Week has been adapted directly from this morning’s SBA’S FREQUENTLY ASKED QUESTIONS REGARDING PARTICIPATION OF FAITH-BASED ORGANIZATIONS IN THE PAYCHECK PROTECTION PROGRAM (PPP) INCLUDING THE ECONOMIC INJURY DISASTER LOAN PROGRAM (EIDL) This federal communication
April 3, 2020
PPP Nonprofit Loans – We Just Met With Two Approved Lenders is a summary of our nonprofit’s meetings with two major SBA 7(a) approved lenders (well-known banks) to compare their processes and product. Their loan representatives were well-informed and transparent about what’s really happening behind the scenes. Here’s what we learned:
April 1, 2020
Nonprofit Paycheck Protection Program Application Link is now online. The CARES Act Paycheck Protection Program (“PPP”) authorizes up to $349 billion in forgivable loans to nonprofits to pay their employees during the COVID-19 crisis. All loan terms will be the same for everyone. The loan amounts will be forgiven as long as: 1) The loan proceeds
March 30, 2020
CARES Act Nonprofit Application Form IS NOW ONLINE directs you to the new and functioning Small Business Administration’s (SBA) simplified EIDL online application and also clarifies the calculation for Paycheck Protection Program (PPP) loan forgiveness. IT ONLY TAKES 10 MINUTES TO APPLY! CARES Act Nonprofit Application Form IS NOW ONLINE Economic Injury Disaster Loans (EIDLs) (Click the link above to get started) As an advisor who supports nonprofits and runs in a lot of charitable circles, […]
March 30, 2020
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 – 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 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 22, 2020
Charity’s Future And COVID-19 is an article written by Louis Fawcett that provides leaders a special way to think about the impending social and economic crises caused by Coronavirus. Louis is President of National Association of Nonprofit Organizations & Executives (NANOE). Here’s what he has to share about our futures: Can we acknowledge just how quickly our world has been thrown into uncertainty? Only a month ago, life
December 16, 2018
Jimmy LaRose NANOE Co-Founder has a strong opinion about the “Sacred Cows” he and his colleagues believe no longer work for charitable organizations. NANOE has outlined eight different topics he’s promised nonprofit executives won’t have to put up with during NANOE’s 2019 Board of Governor’s Convention & Expo. Here’s the list of phrases BANNED by LaRose and NANOE’s 2019 Board of Governors: 1. You Need to Recruit More Board Members (why add to the crazy-making?) 2. Try […]
November 24, 2018
Major Gifts Fundraising: 10 Ways To Improve Your “Ask” – Jim Eskin. After a fulfilling career in higher education advancement — including the last nine years heading the local community college foundation — I was ready to pursue a lifelong dream to VENTURE OUT ON MY OWN. Over the past several years I was spending more and more weekends training nonprofit board members and volunteers on the art and science of fundraising … and loving […]
November 2, 2018
After a thorough and significant review of several nominated donors and family foundations NANOE’s Nominations Committee as announced Molly & Jason Bundy as the 2019 recipients of the Jerry Strickland Best Practice Philanthropist Medallion. This commendation is not bestowed based on to whom a family gives, nor the number of gifts made, or even the generous amounts shared, but rather it is awarded because of the WAY a family gives when it invests in a charity. […]
August 12, 2018
2019 promises another wave of amazing Nonprofit Conferences. However, if you’re looking for an outdated PowerPoint Presentation on how to do a fundraising banquet than THESE EVENTS ARE NOT FOR YOU! if you’re convinced your Board of Directors needs training PLEASE STOP READING NOW! If you tired of going to your State Association’s Summit or AFP’s International Conference because you’ve finally realized they’re peddling products that don’t work then GOOD FOR YOU. Here’s a list of alternatives that […]
July 4, 2018
Fundraising appeals are facing a new dawn. Many organizations are standing at the proverbial fork in the road as they discuss their strategic objectives and how to translate those objectives into current and future fundraising strategies. Donor growth is the lifeline for any non-profit organization, and financial transparency is synonymous with survival. But if leadership teams are hesitant to explore innovative ways to drive growth based around fear of failure, then it leads to donor […]
June 25, 2018
Foundation grants are an important part of capacity-building and often associated with the term “strategic philanthropy.” That’s not surprising, since most funders are looking for ways to increase their impact. Being more strategic can be a complex undertaking — and like every complex undertaking, shifting toward strategic grantmaking comes with multiple pitfalls and opportunities to make mistakes. That’s okay. Mistakes can provide valuable information for ongoing learning, which is a key part of strategic grantmaking. […]
May 28, 2018
Arreva – Fort Lauderdale, FL, May 28, 2018 – Arreva, a global technology leader and trusted advisor in delivering an integrated cloud-based online fundraising and donor relationship management software solution to nonprofit organizations worldwide, announces it has been chosen as a preferred vendor for the Jewish Federation of Broward County. The Federation provides support programs for Jewish members in its community, Israel and around the world. “We support thousands of community members every year with […]
May 6, 2018
Team SWYDO recently interviewed Cause Inspired Media COO and NANOE Enterprise Partner, Sean Kerr, on the role of Artificial Intelligence will play in nonprofit marketing. Here’s what Team SWYDO and Sean Kerr had to say. How would you describe your company in less than 150 words? We are an agile, rapidly growing and diversified team of people who have always been looking for meaningful work and have found a place to do just that. When […]
May 4, 2018
Nonprofit budgeting is no small task. In order to accomplish your goals your approach to budgeting will have to reflect the uniqueness of your organization. Conversely, while your exact recipe for success may differ slightly, you’ll still need to check many of the same basic budgeting boxes that are reflected in the list below. Here’s your ultimate budgeting checklist for nonprofit organizations: 1. Review Previous Performance and Budgets If you have them, be sure to […]
March 18, 2018
In my previous blog, “Is Giving Tuesday Helping or Hurting Fundraising”, I referenced how this fundraiser is contributing to the over-solicitation of active donors and risking their future support. I agreed wholeheartedly, though, that Giving Tuesday is an excellent strategy for acquiring new donors, especially younger ones. How donors view not-for-profits and how