Colleagues,

Note the webinar and suggestion to sign up early.

Maureen

---------- Forwarded message ---------
From: Laura Pierce, Washington Nonprofits <info@washingtonnonprofits.org>
Date: Sun, Mar 29, 2020 at 12:57 PM
Subject: Federal Coronavirus Relief Bills
To: <Maureenhowardconsulting@gmail.com>

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Federal Coronavirus Relief Bills:
What Do They Mean for Nonprofits?

Washington Nonprofits is pleased to share this offering from our national coalition, the National Council of Nonprofits. We recommend signing up today; we anticipate the webinar will fill up quickly.

It is at times like this that our network is most needed. If you are not a member of Washington Nonprofits, please consider joining or donating. Your support sustains us. Thank you!

Become a member

From the National Council of Nonprofits:

In rapid succession over the last two weeks, Congress passed and the President signed two far-reaching pieces of legislation designed to provide relief to the American people and businesses – including nonprofits. Included in the provisions of these bills are major victories for nonprofits, operational relief, and new obligations.

On Tuesday, March 31 at 12:30 PST, the networks of the National Council of Nonprofits are hosting a national presentation to help all in the charitable community understand what various provisions of the two laws mean for nonprofits.

The Families First Coronavirus Response Act created new workplace obligations for employers and expanded supports for individuals affected by the COVID-19 pandemic. Eight days later, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) authorized more than $2 trillion in spending to inject cash into the economy, businesses, and nonprofits. There is a great deal to unpack:

Mandated paid sick and family leave and refundable payroll tax credits
Generous loan funds for small (< 500 employees) and mid-size (between 500 and 10,000 employees) nonprofit employers. Which program is best for your organization?
Above-the-line or universal charitable deduction available for 2020
Employee retention refundable tax credit
Expanded unemployment and enhanced funding for social support programs

This webinar will share the latest analysis and information for charitable nonprofits, recognizing that multiple federal agencies must write the rules and forms and establish processes for getting money into the hands of nonprofits as quickly as possible.

Take care,

Laura in front of the state capitol building in Olympia, WA

Laura Pierce
Executive Director
Washington Nonprofits

Washington Nonprofits makes sure nonprofits have what they need to succeed. We help nonprofits learn, increase their influence, and connect to people and resources. We are Washington’s state association for all nonprofits. For more information, please visit our website and our calendar of events. Stronger Together.

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