Nonprofits urge Congressional leaders to act quickly on federal assistance

Nonprofits urge Congressional leaders to act quickly on federal assistance

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“Nonprofits are facing layoffs at best and closure at worst,” said Danielle Clore, executive director and CEO of the Kentucky Nonprofit Network.

No one expected the coronavirus to have such staying power. It’s been about six months since Kentucky reported its first COVID-19 case, and the pandemic continues to inflict economic damage across all sectors, including nonprofits.

More relief is needed, Clore said, and it’s needed now.

“We need agreement on the relief package,” she said.

KNN recently put more pressure on Congress to act quickly and to address these issues in the upcoming assistance package: expand the Payroll Protection Program by giving a second round of funding to nonprofits, provide low-cost loans to mid-sized and larger nonprofits that have not been able to access government funding, strengthen tax incentives for charitable contributions and provide full unemployment benefit reimbursement to nonprofits that self-insure those benefits.

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