Legislative Update

The Philanthropy Roundtable held a webinar on the response bills on Friday, March 27th. WEBINAR CLARIFICATION: Nonprofits with 500 employees or fewer are eligible for the emergency small business loans and economic injury disaster loans, for which organizations can receive $10,000 in three days. Both can be forgiven. Nonprofits with more than 500 employees are eligible for mid-sized business loans, but those loans are not eligible for forgiveness.