December 5, 2024
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 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 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 30, 2020

CARES Act Nonprofit Application Form IS NOW ONLINE

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, […]