Study Shows 56 Percent Approval Rate for Nonprofit Pandemic Loans
Forty-four percent are still waiting to hear the fate of their applications, according to a study of Jewish federation applicants.
By MICHAEL THEIS
Contributor
Simplified Rules Proposed for Nonprofits With Business Income
The proposed rules are designed to give clarity to a provision of the 2017 tax overhaul that required nonprofits with business income unrelated to their charitable mission, called UBIT, to calculate each “trade or business” separately.
By Michael Theis
Contributor
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
Calif. Attorney General Urges Icann to Reject Dot-Org Transfer
His letter raised questions about the viability of the dot-org registry under private control, criticized the proposal for lack of transparency, and questioned why the matter wasn’t subject to a public bid process.
By MICHAEL THEIS
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
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
How the New $300 ‘Universal’ Deduction Works
The new measure applies to cash gifts only in an attempt to jump-start giving for coronavirus and economic relief efforts by middle-class donors — and to support all other causes hit hard by the crisis.
By Alex Daniels and MICHAEL THEIS
Foundations and Donors Step Up Grants to Help Workers Hurt by the Pandemic
A $7.1 million effort unveiled Tuesday aims to grow to $20 million as philanthropy seeks to provide immediate needs for low-wage workers and help them gain more power and benefits after the immediate crisis is over.
By Alex Daniels
Contributor
Private-Equity Company Offers Changes Designed to Quell Criticism of Its Dot-Org Purchase
Major nonprofit advocates said the announcements were hollow gestures designed to make the $1.1 billion sale easier to swallow.
By MICHAEL THEIS
Contributor
Pluralism in democratic governance has been key to the strength and endurance of the American republic, but in the pandemic that we now face, might we even begin to ask whether federalism can also kill.
IRS Extends Tax Day for Nonprofits and Foundations
Nonprofits and foundations facing tax deadlines of April 1 to July 14 now have until July 15 to file their returns.
By MICHAEL THEIS
Contributor
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.
By MICHAEL THEIS
Contributor
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
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.
By Roger Low and Karen Quarles
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.
By Alex Daniels
Contributor
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