Nonprofit Resources
PPP Loan Application Survey Results
June 18, 2020 - We surveyed leaders of churches, faith-based higher education institutions, and nonprofits about their experience in applying for funds through the CARES Act. Here are the results.
Considerations for Reducing Expenses at Your Institution
June 11, 2020 - If your higher education institution is preparing to tighten expenses, here are some considerations to help you undertake cost-savings measures in a way that ensures valuable and memorable student experiences and outcomes.
Unpacking the Paycheck Protection Program Flexibility Act
June 4, 2020 - The Paycheck Protection Flexibility Act of 2020 makes several important changes to the PPP loan program, including extending the minimum loan maturity and expanding the loan forgiveness Covered Period.
A Second Look at PPP Loan Forgiveness
May 29, 2020 - This article discusses new information found in the PPP loan forgiveness interim final rules and changes to our understanding resulting from the publication of these new interim final rules.
Webinar for Nonprofits: Liquidity – Unprecedented Uncertainty
June 25, 2020 - What can small, faith-based nonprofit organizations do to get immediate liquidity if they do not have discretionary cash? This webinar will explore the best practices of organizations addressing the question of liquidity while facing a new level of uncertainty.
First Look at Applying for PPP Loan Forgiveness
May 18, 2020 - The SBA has released the Paycheck Protection Program Loan Forgiveness Application and accompanying schedules and instructions. Here's an overview.
Education Dept. Guidance on Initial Higher Education Emergency Relief Fund Reporting
May 18, 2020 - Institutions that received funds through the Higher Education Emergency Relief Fund must post the following information on their website within 30 days of receiving the allocation.
Payroll Costs and Paycheck Protection Program Loan Forgiveness
May 13, 2020 - Many organizations have questions about what costs can be included in allowable payroll costs in order to maximize PPP loan forgiveness.
IRS Provides FAQs About Emergency Relief Funds Disbursed to Students
May 11, 2020 - The IRS has provided answers to questions about funds disbursed to students under the Higher Education Emergency Relief Fund created by the CARES Act.
SBA Issues Guidance on Student Workers and PPP Loan Eligibility
May 7, 2020 - The SBA has provided guidance on whether higher education institutions can include student workers when determining the number of employees for purposes of PPP eligibility.