Nonprofits now have a number of options to navigate doing business in the midst of COVID-19.
On March 27, 2020, President Donald J. Trump signed into law the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), intended to help stimulate the economy in light of the COVID-19 pandemic that has shut down operations and threatened the sustainability of businesses and organizations across the United States, including those in the nonprofit community. This Client Alert provides a high-level overview of provisions of the CARES Act that may be relevant to nonprofits seeking to determine whether they can continue to operate, keep employees on payroll, and otherwise find a way to weather the storm.
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