COVID-19 Funding Sources for Nonprofits

At the Federal Level

New Federal Bill introduced for Nonprofits Save Organizations that Serve America Act
Below copied from the Massachusetts Nonprofit Network: Federal Policy Updates
“On March 27, Representatives Seth Moulton (D-MA) and Brian Fitzpatrick (R-PA) introduced the Save Organizations that Serve (SOS) America Act. The legislation would provide emergency funding for nonprofits and create a universal charitable deduction. The representatives are also advocating for nonprofits of any size to qualify for newly-expanded Small Business Administration (SBA) loans. Read our blog here for more detailed information.
The SOS America Act would:
Expressly provide charitable nonprofits with $60B for any emergency funding proposals. The bill provides for $60 billion in emergency support for charitable nonprofits and a mechanism to rapidly infuse cash to those organizations serving immediate needs in communities facing lost and declining revenue due to the pandemic.
Create a robust universal charitable deduction. Improve the proposed above-the-line charitable deduction of the CARES Act (which set a $300 cap) by significantly raising the cap and allowing all taxpayers to immediately claim the deduction on their 2019 taxes and beyond.”

At the State Level
Funding for Local Communities
National Foundations
Philanthropic Funding Sources
General Resources