posts


By Nonprofit Practice Leaders | August 10, 2020

Updated: Main Street Lending Program Now Open to Nonprofits

Recently the Federal Reserve announced an expansion to its Main Street Lending Program (MSLP) to aid nonprofit organizations impacted by COVID-19. Though the application process is not yet open, organizations should begin forecasting... read more


By Lee Klumpp | July 21, 2020

Congress Passes the Protecting Nonprofits from Catastrophic Cash Flow Strain Act to Assist Nonprofit Organizations

On July 2, 2020, the Senate unanimously passed legislation to assist nonprofits and governmental entities. The House passed the bill in a pro forma session on July 9, 2020. The bill is now headed to the president for his signature. read more


By David Clark | July 06, 2020

Higher Education and COVID-19: Tips for Navigating Federal Relief Funding

When the Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law on March 27, approximately $14 billion was earmarked to support post-secondary education students and institutions through the Higher Education... read more


By Nonprofit Practice Leaders | June 29, 2020

OMB Adjusts COVID-19 Single Audit Extensions

On June 18, the Office of Management and Budget (OMB) released a new memo outlining changes to previous single audit submission extensions, as well as new criteria related to emergency funds used during the coronavirus pandemic. Our... read more


By Nonprofit Practice Leaders | June 22, 2020

Federal Reserve Proposes Expanding Main Street Lending Program to Nonprofit Organizations

On June 15, the Federal Reserve announced a proposed expansion to its Main Street Lending Program (MSLP) to address the liquidity needs of nonprofit organizations that have been impacted by the COVID-19 pandemic. Our latest post outlines... read more


By Nonprofit Practice Leaders | June 17, 2020

New Data – Nonprofits, Benchmark Against Your Peers and Push Your Mission Forward

Facing unprecedented disruptions, the world is relying on nonprofits more than ever before. Now in its fourth year, our annual Nonprofit Standards benchmarking survey arms your organization with the metrics needed to gauge how you stack... read more


By Nonprofit Practice Leaders | May 14, 2020

Nonprofit Financial Sustainability During COVID-19

While the Coronavirus Aid, Relief, and Economic Security (CARES) Act provided some financial relief for struggling nonprofits, it falls far short of fully covering their needs. Our latest blog post offers tips for sustaining nonprofit... read more


By Nonprofit Practice Leaders | May 07, 2020

What You Need to Know About FEMA Public Assistance Program Funding

As a result of the novel coronavirus (COVID-19) pandemic, many nonprofits may qualify to receive reimbursements from the Federal Emergency Management Agency (FEMA) under its Public Assistance Program. Our latest blog post has everything... read more


By Nonprofit Practice Leaders | April 09, 2020

7 Steps for Nonprofits to Manage a Crisis

As the novel coronavirus (COVID-19) pandemic upends our daily lives, nonprofits are being called on to deliver their services under extraordinary circumstances. Read our latest post to learn how nonprofits can navigate crisis and fulfill... read more


By Nonprofit Practice Leaders | April 03, 2020

How does the CARES Act Help Nonprofits and Higher Education Institutions?

While the programs and initiatives in the Coronavirus Aid, Relief, and Economic Security (CARES) Act are primarily intended to assist businesses, there are many programs nonprofits and higher education institutions can benefit from. As... read more