Nonprofit leaders had wanted the stimulus bill to allow taxpayers to deduct up to $2,000 in charitable contributions, and had wanted taxpayers to be able to claim the deductions on this year’s taxes, but the bill didn’t include those requests.
The National Council of Nonprofits, the nation's largest network of nonprofits, provides expert insight on key issues relevant to nonprofits and the communities they serve. The Council of Nonprofits is uniquely positioned to provide both a national perspective and a connection to one of our State Associations for a local perspective.
Read on for a sampling of the recent articles quoting experts from our organization and network.
“We’re just now looking at the CARES Act and all the SBA stuff trying to understand what kind of relief is available to nonprofits,” says Montana Nonprofit Association Executive Director Liz Moore.
The unique combination of an economic downfall along with restrictions and social distancing protocols the country is experiencing to slow the spread of COVID-19 is creating a snowball effect, devastating nonprofits according to National Council...
Fundraisers are being postponed or canceled. Donations have fallen as much as 75%. Businesses and events that nonprofits operate to earn money, ranging from opera performances to autism therapy centers, have been shuttered.
Crucial spring fund-raisers and conferences have been canceled or moved to less lucrative online venues. Donors are stretched in many directions, preoccupied with their own problems, and much less flush than they were two months ago.
