Nonprofits Likely Will Be Eligible for Main Street Lending Program, Schumer Says
The program is a $2.3 trillion effort to help organizations weather the Covid-19 crisis. Nonprofits had worried they wouldn’t be eligible.
By dan.parks
Contributor
Advocates Worry Nonprofits Won’t Qualify for New Lending Program
The Main Street Lending Program is yet another example of hasty legislative and regulatory efforts that have created confusion for charities in desperate need of a financial lifeline.
By dan.parks
Contributor
With $46 Million Raised, New Journalism Effort Seeks to Spark Revival of Local News
As the economic plunge caused by the coronavirus decimates local newsrooms, a new venture is providing money, coaching, and other resources to build a flourishing network of nonprofit newsrooms across the country.
By dan.parks
Contributor
How to Apply for Stimulus Benefits
Nonprofits are scrambling to make the most of the $2 trillion stimulus law, so the Chronicle gathered a panel of experts in a virtual forum to help you navigate the complex web of benefits available for your charity.
By dan.parks
Contributor
Fundraisers Urged to Seize Opportunities During Current Crisis
The new stimulus law provides some fresh openings for raising money during tough times, according to Peter Fissinger, CEO of Campbell & Company and a panelist at a recent Chronicle online briefing.
By dan.parks
Contributor
Ask an Expert: Eligibility for Federal Stimulus Funds and the New Charitable Deduction
Do big endowments disqualify nonprofits from the Paycheck Protection Program? Are stimulus funds available only to groups whose revenue has dropped? We got answers to readers’ questions from the leader of an advocacy group for nonprofits and two fundraising consultants.
By dan.parks and Eden Stiffman
Grants From Private Foundations Projected to Decline 4.8% This Year
Assets held by private foundations are projected to decline 12.7 percent this year to $976 billion, according to FoundationMark.
By dan.parks and MICHAEL THEIS
How Nonprofits Can Apply for Loans and Other Emergency Benefits
Get your paperwork together now and move fast, experts say, to access the multiple new federal programs that can provide financial support.
By dan.parks and MICHAEL THEIS
Leaders Argue That Nonprofits Need Government Aid
With social-service needs looming so large, private aid won’t be able to keep up.
By dan.parks
Contributor
Bipartisan Bill Would Provide $60 Billion to Nonprofits
The legislation would also expand the “universal deduction” in the $2 trillion stimulus bill just cleared by Congress and expand eligibility for federal loans to nonprofits.
By dan.parks
Contributor