CT governor denies Coronavirus Relief Funds for nonprofits; US economy in free fall; $4 billion of state contracts held back in NY; & more!
CT governor denies Coronavirus Relief Funds to nonprofits with PPP loans!; US economy in free fall; watch out—state contract problems ahead!; & more!
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** Building a Co-op Economy in Maine—And Perhaps in Your State Too ([link removed][UNIQID])
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What does it take to build a supportive co-op ecosystem? Two Mainers give us their take, building on the unsung example of Finland and its recovery from a depression in the 1990s.
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** Nonprofits with PPP Loans Blindsided in Connecticut ([link removed][UNIQID])
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If your nonprofit is in Connecticut and has received a PPP loan, says the Gov., it will not be allowed to receive other federal relief money. Wait! What?
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** US Economy Shrinks 9.5% in One Quarter—Portrait of an Economy in Free Fall ([link removed][UNIQID])
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What is most disturbing about the nation’s gross domestic product numbers is not the economy’s historic decline last quarter, but the prospects for further pain ahead.
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** NY State Passes Down Cash-Flow Problems to Nonprofits—Heads Up! ([link removed][UNIQID])
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If your nonprofit depends on state contracts, be aware that in recessions many states opt to pay themselves first and nonprofits much later—and that may be fatal this time.
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Artificial intelligence promises to be a powerful asset for major gift fundraisers. Here’s how to put solid building blocks in place and ramp up for its capabilities.
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** “The Virus Beat Us”: Colleges Move Online as COVID-19 Cases Rise ([link removed][UNIQID])
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Many of the best made plans for reopening colleges ([link removed][UNIQID]) are being changed, just a month or two after initial decisions were made.
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** Katrina Provides Lessons for a Post-COVID Rebuild, If We Pay Attention ([link removed][UNIQID])
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As many other natural disasters have taught us, the United States doesn’t need a recovery—we need a rebuild on a foundation of racial justice and equity.
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This white paper is an active project plan to help you and your organization focus on implementation; including checklists and step-by-step changes to key reports. Download Understanding. Preparing. Implementing. FASB ASU 2016-14 Reporting Requirements for Not-For-Profit Organizations.
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