Still, the unprecedented calamity means that many foundations are changing how they give and adding new flexibility and more general operating support.
By Alex Daniels
Senior Editor, Foundations
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
Financing During a Pandemic: How to Adapt to a Crisis
How to know whether a loan, line of credit, emergency grant, or other financial options make the most sense.
By Jim Rendon
Executive Editor
Revenue Cuts Will Hurt Some Nonprofits More Than Others
The pain will be widespread but some groups, such as food banks and arts groups, the damage will be more severe.
Trump Signs Stimulus Bill Providing Nonprofit Loans, Grants, and ‘Universal Deduction’
The legislation expands the charitable deduction to all taxpayers for a year, makes nonprofits eligible for federal loans that could be largely forgiven, and boosts tax incentives for corporate giving.
By dan.parks
Contributor
What Nonprofits Need and How Foundations Should Respond
Maya Winkelstein, CEO of the Open Road Alliance, explains what charities need as they grapple with coronavirus and how grant makers can help.
By Ben Gose
Senior Editor
44 Percent of Nonprofits Have No Plans to Mitigate Losses From Canceled Fundraising Events
Three-quarters of nonprofits said they have adjusted messaging in their current fundraising appeals to acknowledge the coronavirus pandemic, according to an informal survey.
By Eden Stiffman
Senior Editor
Survival of Arts Groups Threatened by the Impact of Coronavirus
Small arts organizations and especially those that focus on people of color are particularly worried. Some organizations are racing to provide help: A Colorado fund this week mailed up to $6,000 to every organization it has supported in the past 18 months, with no applications need.
By Jim Rendon and Maria Di Mento
Nonprofits Seek $60 Billion Federal Aid Package
A letter endorsed by more than 50 nonprofit groups says that many charities will face a substantial strain due to increased demand for services.
By dan.parks
Contributor
Grant Maker Responses for Nonprofits in Need Vary Widely
The Ford Foundation is easing restrictions on many of its existing grants. Other foundations have set up rapid response funds, while some are taking a wait-and-see approach.
By MICHAEL THEIS and Alex Daniels
Nonprofit Advocacy Groups Praise House Coronavirus Bill
Trump has indicated he will sign the bill, but the legislation faces an uncertain fate this week in the Senate, where some Republicans are expressing concerns about various provisions.
By dan.parks
Contributor
Update: Association of Fundraising Professionals Joins NTEN and SXSW in Canceling Its Conference
AFP was among the last holdouts among major philanthropy organizations holding conferences this spring. Many organizers are offering refunds or virtual alternatives.
By dan.parks
Contributor
Coronavirus ‘Rapid Response’ Funds Proliferate as Threat Grows
Also, a coalition of 30 national nonprofits and charity advocacy groups is urging Congress to include nonprofits in any stimulus package enacted in response to the coronavirus.
By dan.parks
Contributor
Coronavirus Is Hard on Nonprofits That Rely on Events
Some nonprofit watchers are pushing foundations to help fill the revenue gaps, while others urge nonprofits to come up with alternative events that will keep donors on board.
By Emily Haynes and dan.parks
Tex. Women’s Foundation Goes All In on ‘Gender-Lens Investing’
The move has already caught the eye of two longtime donors: Lisa Simmons and Serena Simmons Connelly contributed $10.5 million to a new donor-advised fund with the foundation, in recognition of the foundation’s commitment to impact investing.
By Emily Haynes
Senior Editor
Most Nonprofits Lack Recession Plan
Only 33 percent of nonprofits say they have a plan to deal with a recession, according to a survey by the Center for Effective Philanthropy. Few have talked with the grant makers who fund them about how an economic downturn might affect their support.
By Michael Theis
Contributor