Employee Benefits are a vital component to recruiting and retention, especially in the Non Profit sector. Understanding how your benefit strategies stack up to those of your peers can provide valuable information which can assist in designing solutions current and prospective employees find attractive.
2020 has been a relentless year of change so far for businesses across all industries. The abrupt “pause” in March experienced by New York businesses was rather disruptive, as no one expected a once in a century pandemic to shutdown day-to-day life not just locally but globally.
The Coronavirus Aid, Relief and Economic Security (“CARES”) Act was signed into law on March 27, 2020, to mitigate the effects of the coronavirus pandemic on businesses, including nonprofit organizations.
Numerous nonprofits have survived many challenges for decades and hopefully will thrive in the face of the Covid-19 pandemic as well. Truth be told, it is not easy to adapt to changes and reposition your organization to keep up with the changing times, especially when it comes to fundraising for nonprofits.
On Friday, July 17th the Federal Reserve updated the Main Street Lending program to provide information related to nonprofit organizations ability to participate in the program as mandated by the CARES Act. The facility now