Posts Tagged: covid-19

What Nonprofit Employers Need to Know to (Re)Open Under COVID-19 Rules

February 24, 2021 Posted by Kristen Anderson in COVID-19, Employment Matters, Nonprofits

All employers have been greatly impacted by COVID-19 and nonprofit employers are no exception. We have posted frequently about the impact of COVID-19 on the nonprofit sector. To address the myriad issues related to being open for business while the pandemic continues, we invited our colleague, Richard Rosenberg, a trusted employment law attorney of Ballard …

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COVID-19 Relief Grants Available to California Nonprofits

December 29, 2020 Posted by Kristen Anderson in Applying For Grants, COVID-19, Nonprofits

California will offer almost $500 million in COVID-19 relief grants to small businesses and nonprofits. Through the California Small Business COVID-19 Relief Grant Program, nonprofits may be eligible to receive grants of up to $25,000. Applications will be available for the first round of grants beginning December 30, 2020. Program Details There will be two …

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Nonprofit Endowment Funds

December 2, 2020 Posted by Kristen Anderson in COVID-19, Economic hardship, Nonprofits

As nonprofits struggle financially during the pandemic, many may wonder if they may use endowment funds to keep them afloat. Due to their heavily regulated nature, nonprofits must be extremely careful before they use endowment funds to supplement their budget. Even before a nonprofit can determine whether and how it may use its endowment funds, …

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New Financial Relief for Nonprofits

August 4, 2020 Posted by Kristen Anderson in COVID-19, Non-profits, Nonprofits, Pandemic

New financial relief is available to nonprofits thanks to the Federal Reserve. As a result of the CARES Act, the Fed created the Main Street Lending Program (“MSLP”) to provide support to small and medium-sized businesses to offset financial devastation caused by the COVID-19 pandemic. At first, it was not available to nonprofits. However, on …

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Nonprofit Operations During a National Emergency

May 8, 2020 Posted by Kristen Anderson in Board, National emergency, Nonprofits

As the COVID-19 pandemic disrupts normal nonprofit operations, many nonprofit leaders are wondering how to operate their organizations during a national emergency. For many nonprofit boards, this may be the first time they have had to govern during a crisis. Although it may be difficult, or at times impossible, to continue with normal board actions, …

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PPP Loan Uncertainty

May 5, 2020 Posted by Kristen Anderson in COVID-19, Crisis, Non-profits, Nonprofits

In the wake of the chaos of applying for a loan under the Paycheck Protection Program (PPP), borrowers are now uncertain if they even qualify for the PPP loan they have already received. The Small Business Association (SBA) released an updated FAQ with guidance that should make borrowers think harder about the required certification they …

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