Nonprofit Resources
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.
Preparing for Paycheck Protection Program Loan Forgiveness
April 22, 2020 - If your nonprofit applied for and received a loan through the Paycheck Protection Program (PPP), it’s important to take immediate steps to ensure the funds are correctly handled and tracked during the next eight weeks.
IRS Extends Deadline for Self-Correction of 403(b) Plan Provisions to June 30
April 21, 2020 - If your nonprofit sponsors a 403(b) retirement plan with provisions that fail to meet Internal Revenue Code (IRC) Section 403(b) requirements, you can correct this by adopting plan amendments. The IRS has extended the deadline to June 30, 2020.
Waiver of Time Requirements for Certain Individuals Eligible for the Foreign Earned Income Exclusion
April 21, 2020 - The IRS has granted individuals otherwise eligible for the foreign earned income exclusion to waive days of presence in the U.S. due to the COVID-19 pandemic.
Direct Financial Aid Grants for Students Under the CARES Act
April 15, 2020 - As more guidance about the CARES Act becomes available, higher education institutions have questions about the funds available to them. Here's a look at two common questions about direct financial aid grants for students under the CARES Act.
Key Provisions of the CARES Act and Paycheck Protection Loan Program
March 30, 2020 - Resources to help your organization understand and navigate the new COVID-19 legislation.
Education Department Highlights Enforcement of GLBA Cybersecurity Requirements and Potential Penalties
The Education Department (ED) has released a memo about GLBA compliance and the potential consequences. Here are the key takeaways for higher education institutions.
New COVID-19 Resources for Nonprofits, Churches & Higher Ed
March 26, 2020- A recap of COVD-19 resources we’ve added this week, including IRS and DOL FAQs and recorded webcasts.
Education Department Provides COVID-19 Update
March 19, 2020 - The Education Department has published a memo with guidance for interruptions of study related to COVID-19. We’ve summarized key practical steps for your institution to consider.
Keeping Data Secure for Remote Workers
March 18, 2020 - Remote work has become a necessity at many organizations. Follow these five steps to create a remote working environment that supports your organization while maintaining the security of your systems and data.