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The $2 trillion COVID-19 Stimulus Plan was signed into law this afternoon. Among the many benefits, the emergency relief plan contains several measures that directly apply to nonprofits that we would like to highlight: The plan includes a temporary universal charitable deduction. The bill enables all Americans to give up to $300 to charities, tax-free, […]
Note: On August 29, 2022 we announced the removal of the reserve requirement. Note: On Nov. 2, 2021 we announced new faster payment terms as the pandemic risks have subsided. We lowered the reserve to 2.5% and pay immediately after an event unless there are above normal chargeback risks. The Coronavirus is impacting us all. […]
Further your mission–but first, take care of your people This is and will continue to be an extremely difficult time for nonprofits. It’s time to go back to basics: engage your communities. People need connection more than ever. Focus on your employees, beneficiaries, and volunteers first, and keep any donations and fundraising messaging simple, actionable, […]
