Groups navigating economic fallout of pandemic's storm
- March 27, 2020 |
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WILLIAM EHART
Nonprofits are in ‘uncharted territory' as they can't gauge depth, duration of virus downturn Shocked associations are in financial triage as the COVID-19 pandemic has shut down face-to-face meetings with no clear end in sight. The extent of the damage remains to be seen, but advocates warn that many groups face an existential threat. More coverage Associations grapple with impact of virus on events, industriesGroups helping get stimulus money rolling Associations organized under 501(c)(3) of the Internal Revenue Code benefit in several ways from the historic $2.2 trillion stimulus act signed March 27 by President Donald Trump, most importantly through access to $349… Read More
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