Small Nonprofits Struggle to Get Payroll Loans in New Federal Program
Complaints included overwhelmed bank websites, confusing or restrictive eligibility criteria, and a persistent fear the program will leave small nonprofits high and dry in the rush for funds.
Foundations Invite Proposals for Rapid-Response Grants (Coronavirus Roundup)
A compilation of new grant opportunities for nonprofit groups to apply for immediate funding during the Covid-19 pandemic.
Plus, Angelina Jolie gave $1 million to help low-income children in need of food assistance during school closures, and Oprah, the founder of SurveyMonkey, and others donated to Covid-response relief
Foundations and Nonprofits See Crisis as Opportunity to Advance Equity
A pledge by foundations to provide more general operating support, reduce paperwork, and support organizations in the hardest hit communities is seen as a crucial opening.
Pandemic Crisis Causes Uncertainty for Fundraisers
A third of fundraisers questioned whether they should ask for money right now. Even more — 37 percent — said their organizations were under a hiring freeze.
Conn. Philanthropists Create New Covid-19 Charity (Transitions)
Also, the Greater Washington Community Foundation and Air Force Academy Foundation hire new leaders.
Independent Sector CEO on How the Stimulus Package Can Benefit Nonprofits (Podcast)
Dan Cardinali says that nonprofits with 500 or fewer employees will have access to the Small Business Association loan program, which provides loans that are forgivable.
Jeff Bezos Gives $100 Million to Feeding America’s Covid-19 Response Fund
In making the largest gift the food bank says it has ever received, the billionaire also urged others to do more to help those who need aid because of lost jobs and other problems caused by the pandemic.
An International Aid Group Gears Up for Covid-19
Mercy Corps is preparing for the possibility of significant outbreaks in the countries where it works. At the same time, it has seen a drop in monthly donors because of the economic crisis.
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.