Nonprofit News

7 CARES Act Benefits for Nonprofits

7 CARES Act Benefits for Nonprofits The recent Coronavirus Aid, Relief, and Economic Security” (CARES) Act provides relief to employers struggling to stay afloat during the novel coronavirus (COVID-19) pandemic. The not-for-profit sector is no exception. In fact, some provisions in the new law are specifically tied to charities. Following is a brief summary of…

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Nonprofit Tax Law Changes

3 Tax Law Changes Affecting Nonprofits The Taxpayer Certainty and Disaster Tax Relief Act passed late last year includes three significant tax law changes that can affect not-for-profit organizations. They deserve your attention now because the law’s provisions may affect the current tax year — and even previous tax years. Following are brief summaries of…

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Nonprofit Collaboration Is Key in Community Response to COVID-19 Pandemic

Nonprofit Collaboration Is Key in Community Response to COVID-19 Pandemic By Bob Reynolds, CPA, CGMA In response to the COVID-19 pandemic, health care providers, local business leaders, government and nonprofit organizations, and concerned philanthropists are working tirelessly to meet the needs of employees, customers, and those most at risk in their local communities. I recently…

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Nonprofit Response to COVID-19

Nonprofit Response to COVID-19 | MVNC Virtual Gathering The global pandemic has affected local nonprofit organizations in ways we thought would never happen. Join the Miami Valley Nonprofit Collaborative in a free virtual discussion about the way our industry is handling donor engagement, fundraising and events, client services and volunteer engagement. Your meeting facilitators include:…

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Update on SBA Economic Injury Disaster Loan (EIDL) Applications for Nonprofits

Update on SBA Economic Injury Disaster Loan (EIDL) Applications for Nonprofits As the application process moves forward, the SBA continues to provide guidance and clarification in regards to the disaster loan application process. Nonprofits can apply for loans through the program; however, we have been advised that personal guarantees are required for nonprofits similar to…

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