According to a recent survey from the Alliance of Arizona Nonprofits, fundraising and program cancellations as a result of COVID-19 have cost Arizona nonprofits an estimated $53 million in lost revenue (as of June 11).
In response to the Federal Reserve Board’s announcement of a proposed framework to extend the Main Street Lending Program to nonprofit organizations, Independent Sector and the National Council of Nonprofits released the following joint statement...
Upon the signing into law of the Paycheck Protection Program Flexibility Act, National Council of Nonprofits President and CEO Tim Delaney released the following statement:
Nonprofits are facing an unprecedented challenge: Revenues have plummeted and at the same time, demand for their services has skyrocketed, said Rick Cohen, chief operating officer at the National Council of nonprofits.
“Keeping the people in our nonprofits safe is really, really important right now, just as important as keeping our health care workers safe,” said Dean, executive director of Momentum Nonprofit Partners, a nonprofit itself whose work is improving...