Nonprofit Resources
Questions and Answers About the Economic Injury Disaster Loan (EIDL) Program
July 2, 2020 - The Economic Injury Disaster Loan (EIDL) program reopened applications to qualified small and agricultural businesses on June 15, 2020 after receiving more funding through congressional action. Learn about the funding available, who is eligible to receive it, and how it can be used.
FIPSE Provides Additional Funding Option for Higher Education
July 2, 2020 - A portion of the CARES Act provided additional COVID-19 relief for higher education institutions through the Fund for the Improvement of Postsecondary Education (FIPSE). Here’s what your institution should know about accessing and using the funds.
Transitioning from Now to Next: Leading Through a Time of Accelerating Change
June 30, 2020 - The COVID-19 pandemic has forced nonprofit leaders to face many uncertain scenarios and make rapid adjustments to their operational models. Learn the eight things leaders say when they fear change and practical solutions for shifting mindsets.
How “Stressed” Is Your Institution?
June 30, 2020 - The need for an updated roadmap for institutions of higher education became urgent when COVID-19 was declared a pandemic. Here's a look at insight from "The College Stress Test" and how you might apply it at your higher education institution.
Status of the Market: The Church Can Thrive In Crisis
June 29, 2020 - Nathan Artt of Ministry Solutions shares his insights on the differences between the current economic situation and the 2008 financial crisis, specifically related to churches.
Revenue Recognition and Lease Standards Deferrals
June 26, 2020 - FASB ASU 2020-05 allows certain companies and organizations that have not yet applied the revenue recognition and leases guidance to delay their implementation by one year.
New COVID-19 Resources for Nonprofits, Churches & Higher Ed
June 25, 2020 - New resources this week include an article on liquidity considerations, tips for talking with your church lender when cash flow is a challenge, and more.
SBA and Treasury Agree to Make More PPP Data Public
June 22, 2020 - The data to be disclosed includes business names, addresses, nonprofit information and loan amount range. The objective is to provide "enhanced transparency" regarding the PPP.
New COVID-19 Resources for Nonprofits, Churches & Higher Ed
June 18, 2020 - Cybersecurity tips for your remote work environment, insights from our PPP loan application survey, a free liquidity webcast and more.
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.