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.
What Nonprofits Should Know About the $2.2 Trillion Federal Covid-19 Aid
Nonprofits and those they serve will soon be able to access urgent types of emergency relief.
Report Recommends Huge Boost for Public Service Amid ‘Unprecedented Challenge’ of Coronavirus
After nearly three years of study, a congressionally chartered group’s final report made 49 recommendations to boost military and civilian service.
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.
Federal Aid Plan for Nonprofits Needs More Input From Black-Led Organizations
Fifty groups signed a letter seeking $60 billion in aid, but the approach they sought would not do enough to help black people, who tend to be disproportionately affected by disasters and economic downturns.
Senate Bill Would Create ‘Universal Deduction’ and Expand in Loans for Nonprofits
Much of the loan money would be forgiven with certain exceptions, according to an analysis of the legislation by the National Council of Nonprofits.
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.
Early Tax Data Shows Drop in Charity Donations Under New Law
The data is the first quantitative look at how charities fared in the first year of the new tax law, which reduced the number of people who itemize their taxes.
Why Vested Interests Don’t Want Donor-Advised Funds to Do More for Charities
Wall Street companies, donors’ financial advisers, and even associations of nonprofits opposed a mild regulatory effort in California, a sign of how difficult it is to change the system.
Critics of Dot-Org Sale Dismiss Promises Made by For-Profit Buyer
“These aren’t solutions to the issues raised by the global nonprofit community. They are misdirection and sleight of hand,” says Rick Cohen, chief operating officer at the National Council of Nonprofits.
Proposed Buyer of Dot-Org Domain Promises to Cap Nonprofits’ Price Increases
Ethos Capital said it would limit annual price increases to no more than an average of 10 percent per year for the next eight years and promised to safeguard against censorship.
Charity Tax Changes That Nonprofits Hate Could Be on the Way Out, Experts Say
The new tax law so drastically limited the number of Americans who could write off their gifts that the law won’t last long, said experts at a tax conference on Tuesday. But they warned charities that nothing would happen unless they united to advocate for change and urged foundations to finance such coalition building.
Some recent Facebook advertisements paid for by “Mike Bloomberg 2020" asked donors to help him make giving decisions, raising concerns about how a philanthropist running for president can keep charitable gifts and politics separate.
Calif. Scrutiny Delays Decision on Sale of Dot-Org Domain
State officials are seeking a wide range of documents and information about the proposed sale, moving the decision back to April 20.
Andrew Yang Proposes $100 Government Grant to Every American to Give to Charity
In response to questions from Independent Sector, Yang, Amy Klobuchar, and Pete Buttigieg vowed to expand national-service opportunities; Klobuchar and Buttigieg focused on volunteerism to curb climate change.
Donor-Advised-Fund Bill Sparks Fierce Lobbying Clash in Calif.
A long list of heavyweight nonprofits and umbrella organizations have lined up on both sides of the debate over legislation that would require greater transparency.