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Relief Measures 501(c)(3)

Farella Braun + Martel LLP

REFRESH Nonprofit Basics: Setting up a New Charity for Disaster Relief

Welcome to EO Radio Show - Your Nonprofit Legal Resource. I'm Cynthia Rowland, and this episode is a “refresh” of Episode 10. It provides a checklist of considerations when organizing a new charity to provide relief in the...more

Buchalter

Buchalter COVID-19 Client Alert: San Francisco Provides New Evidentiary Presumption in Continued Push to Provide Rent Relief to...

Buchalter on

Following the passage of its commercial eviction moratorium for certain qualified tenants in December 2020, the San Francisco Board of Supervisors, on August 4, 2021, provided additional assistance to the same class of...more

Bond Schoeneck & King PLLC

Updated Guidance Regarding Tax Credits Under the American Rescue Plan

Under the American Rescue Plan (ARP), certain private-sector and governmental employers may claim refundable tax credits which provide reimbursement for the cost of providing Families First Coronavirus Response Act (FFCRA)...more

Bond Schoeneck & King PLLC

Increased PPP Eligibility for Larger Nonprofits

On March 11, 2021, President Biden signed into law the American Rescue Plan Act of 2021 (the Rescue Plan) – a $1.9 trillion economic relief package. The Rescue Plan allocated an additional $7.25 billion to the Paycheck...more

Goodwin

The Consolidated Appropriations Act Of 2021: An Update For Tax-Exempt Organizations

Goodwin on

On December 27, 2020, “The Consolidated Appropriations Act of 2021” (H.R. 133) (the “CAA”) was signed into law by the President. The CAA includes various updates to, and additional funding for, programs established under the...more

Holland & Knight LLP

PPP and the Economic Aid Act

Holland & Knight LLP on

President Donald Trump signed the Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act (Economic Aid Act), which was included in the Consolidated Appropriations Act, 2021, on Dec. 27, 2020. In turn, the U.S....more

Bond Schoeneck & King PLLC

Syracuse Industrial Development Agency Announces COVID-19 Emergency Relief Program for Small Business and Nonprofits

The Syracuse Industrial Development Agency (SIDA) announced that it will be providing both grants and loans to small businesses and 501(c)(3) nonprofit corporations negatively affected by the coronavirus pandemic. Eligible...more

Hinshaw & Culbertson LLP

Main Street Lending Program Expanded for Nonprofit Organizations

The Main Street Lending Program has been modified by the Federal Reserve Board (Board) to provide new access to credit for nonprofit organizations such as educational institutions, hospitals, and social service organizations....more

Gould + Ratner LLP

Main Street Lending Program Now Provides Opportunities for Nonprofits

Gould + Ratner LLP on

Nearly three months after its initial announcement, on June 15, 2020, the Federal Reserve launched its Main Street Lending Program (MSLP), offering additional support for small and mid-size businesses struggling as a result...more

Farella Braun + Martel LLP

CARES Act Paycheck Protection Program Summary (Updated)

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) Paycheck Protection Program (PPP) aims to provide qualifying small businesses, nonprofit organizations, veterans organizations, tribal businesses, sole...more

Nossaman LLP

Financial Aid Expected for Struggling Nonprofits: The HEROES Act and Accessing PPP Loans

Nossaman LLP on

The week of May 11, 2020, the Democrats in the House of Representatives introduced a bill – the Health and Economic Recovery Omnibus Emergency Solutions Act (“HEROES Act”) – that would provide the next round of stimulus...more

Seyfarth Shaw LLP

Employer Sponsored Disaster Relief Programs – Four Options to Consider

Seyfarth Shaw LLP on

With the COVID-19 pandemic now a presidentially-declared national emergency—and for this purpose a “qualified disaster”—employers nationwide have several options available for providing employees and their families in need...more

Carlton Fields

COVID-19 – Tax and Other Relief for Not-for-Profit Organizations

Carlton Fields on

Not-for-profit organizations have not escaped the brutal toll that the coronavirus outbreak is having on employers and service providers. With an increased demand for social services, educational organizations providing...more

McNees Wallace & Nurick LLC

CARES Act: Financial Relief For Nonprofit Organizations

As employers continue to navigate the uncertainty of COVID-19’s financial impact on their organizations, many eligible business owners are taking advantage of emergency loan opportunities made available by the Coronavirus...more

Rosenberg Martin Greenberg LLP

CARES ACT – Paycheck Protection Program Loans

Is Your Business a Small Business? On March 27, 2020, the President signed into law the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act” or the “Act”).  One of the key programs initiated by the Act is...more

Farella Braun + Martel LLP

CARES Act Paycheck Protection Program Summary (Update #2)

On Friday, March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) was signed into law (the full 880-page text of the CARES Act is available here). One feature of the CARES Act, the “Paycheck...more

Rosenberg Martin Greenberg LLP

Small Business Loans Available in Response to COVID-19

The novel coronavirus (“COVID-19”) is here. While everyone is glued to their cell phones and smart TVs waiting to hear about the latest infection rates, governmental announcements, and death tolls, many small business owners...more

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