1/26/21 Policy Alert - Sign On Letter

Nonprofits Call on Federal Leaders to Provide COVID Relief Tailored to Nonprofits

On Friday, January 22, a coalition of nonprofit organizations sent an initial letter to federal leaders urging Congress and President Biden to enact a package of solutions tailored to the needs and realities of nonprofits serving the public good. The letter, after highlighting the unique role of charitable nonprofits in providing pandemic relief and economic recovery, urges federal leaders (President Biden, Speaker Pelosi, and Leaders Schumer, McCarthy, and McConnell) to include provisions in the next COVID relief package that accomplish the following:

• Provide Nonprofit-Specific Grants, Forgivable Loans, and Refundable Tax Credits for All Nonprofits via a carveout or nonprofit-specific PPP relief that lifts the 500-employee cap and removes the 25% decline in gross receipts in the PPP Second Draw, as well as passage of the updated WORK NOW Act and for emergency grants.
  
  
• Strengthen Charitable Giving Incentives by increasing and extending the above-the-line deduction while preserving the itemized charitable contribution deduction, all to ensure that nonprofits have the resources to serve their communities.
  
  
• Provide 100% Unemployment Benefit Reimbursement to nonprofits that self-insure these benefits, both retroactively to 2020 and extended through the first three quarters of 2021.
  
  
• Provide Substantial Financial Aid to State and Local Governments to avoid layoffs and cuts to essential programs and services, and to prevent the imposition by governments of new costs and burdens on their nonprofit partners.

You have the opportunity to voice your organization's support of this letter by signing on here. We suggest you sign on by Friday, February 5.

Read the full letter

Content Credit: National Council Of Nonprofits