Congress should include money for nonprofits in coronavirus aid bill - Business Insider

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Opinion | Congress needs to include a bailout of nonprofits in the next coronavirus aid bill or millions of Americans could lose a critical lifeline. By kpalm313.

will have to shut their doors because of the recession. There are ways to keep that number on the low end, but it will involve the foundations and corporations that fund nonprofits to drastically overhaul their practices.

For foundations, the most critical thing they can do is increase their payouts. The Ford Foundation and four other major charitable funds announced in March they would borrow money to. This is good news, but ignores the most obvious solution—spend more from their endowments. Indeed, one of the most common questions funders ask is "How will you sustain this program after your grant funding ends?" as if it would be simple to turn a food bank or crisis hotline into a revenue-generator. When the crisis started, many funders let their grantees transition program grants to general operating support. If nonprofits need flexibility on how they spend their money during a crisis, they will also need it after.

 

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kpalm313 Glad i put asleep all my businesses seeing how badly i stuck in The 🇳🇱. My clients’ nonprofits however partially sunk up because of that. Hey, Ur strong self confidence is a privilege, yet never lose Ur grip w/ reality, eh? U still can go back on Ur track, nevertheless.

kpalm313 “Nonprofits” is much to broad. It could include wealthy entities favored by the the Uber Rich.

kpalm313 Non-bailout for non-profits

kpalm313 Some non profits are not non profits! Scam for draining millions with no taxes! Ex NRA

kpalm313 BREAKING NEWS MillieWeaverDocumentary What They Don't Want You to 👀 will blow your 🤯

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