Families First Coronavirus Response Act: Makes funding available for free COVID-19 testing, emergency paid sick leave, emergency family and medical leave, the Supplemental Nutrition Assistance Program (SNAP), child and senior food and nutrition, emergency unemployment insurance
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.”
PA Office of Unemployment Compensation will determine eligibility for unemployment benefits for any of your employees not able to work due to COVID-19. Workers are also eligible for compensation if your hours have been cut due to the virus.
Chester County Community Foundation’s COVID-19 Rapid Response Fund: Provides flexible resources to Chester County nonprofits that are disproportionately impacted by COVID-19 and the economic consequences of this outbreak, with three funding priority levels:
1) Front Line Grants: For community-based nonprofits that have increased demand for services due to COVID-19.
2) Service-challenged Grants: For nonprofits that are modifying their in-person service delivery modes extremely rapidly due to COVID-19.
3) Collateral Damage Grants: For nonprofits facing extreme difficulty because of lost revenue due to closures and cancellations.