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Opportunities for Not-for-Profits in the Latest COVID-19 Relief

January 18, 2021

KSM

The Consolidated Appropriations Act, 2021, creates new tax provisions, expands Paycheck Protection Program (PPP) funding, and provides additional unemployment insurance benefits. But what does that mean for your not-for-profit organization?

On Jan. 13, 2021, KSM professionals discussed the opportunities available to not-for-profit organizations from this latest legislation. Topics included the following:

  • PPP loans, including round one and two
  • Tax opportunities, including the Employee Retention Credit
  • Increased incentives for charitable giving
  • Extension of paid sick leave
  • Grants for shuttered venues
  • Higher Education Emergency Relief Fund


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