The CARES Act provides $30,750,000,000 for the Education Stabilization Fund of which approximately $14,237,250,000 is set aside for the Higher Education Emergency Relief Fund.
• Most higher education institutions will...more
The Coronavirus Aid, Relief, and Economic Security (CARES) Act provides over $2 trillion of economic stimulus and contains several items that benefit the nonprofit sector. There are significant appropriations provided to...more
LOAN ASSISTANCE PROVISIONS -
Express Bridge Loan Pilot Program:
Unilateral pronouncement of the SBA-
• While not part of the CARES legislation, the SBA announced as a response to COVID19, small businesses that...more
4/3/2020
/ CARES Act ,
Coronavirus/COVID-19 ,
Economic Injury Disaster Loans ,
Eviction ,
Forbearance Agreements ,
Foreclosure ,
Loan Forgiveness ,
Moratorium ,
Mortgages ,
Paycheck Protection Program (PPP) ,
Payroll Taxes ,
Relief Measures ,
SBA ,
Small Business Loans ,
Tax Credits ,
Tax Deductions ,
Tax Deferral ,
Tax Relief
In carrying out the mandate of the Public Health Service Act and in an effort to address the country’s drug crisis, the Department of Health and Human Services (“HHS”) has made $350 million available for grant funding to...more
The costs associated with employee relocation reimbursements may increase as a result of the Tax Cuts and Jobs Act (“Act”). This change affects both for-profit and nonprofit employers...more
Given declining funding from government sources and the continued pressure to minimize tuition increases, it is critical for higher education institutions to encourage private giving. The primary catalyst for private giving...more
8/22/2017
/ 501(c)(3) ,
Charitable Deductions ,
Churches ,
Colleges ,
Educational Institutions ,
Political Contributions ,
Private Funds ,
Tax Reform ,
Trump Administration ,
Tuition ,
Universities