Center for Nonprofit Excellence

• 81% found funding has become either somewhat harder or much harder than normal to secure.
• 70% of respondents who wanted help from CNPE asked for advice on fundraising.
• 40% reported both that their workflow has increased because of the pandemic and that they expect it to increase even further in the next three months.
• 92% have no plans on how to continue their mission if their organization does not survive this crisis.

Both nonprofits and those in the foundation and philanthropic community will find the results of this survey useful in understanding what is happening in the nonprofit/social impact sector. We have also provided some recommendations that may be helpful as you make future decisions.

SBA’s new loan forgiveness form lets some borrowers align “Covered Period” with pay periods
The SBA’s much-anticipated Loan Forgiveness Application, issued on May 15, lets borrowers with weekly or biweekly pay periods – including nonprofits – have their “Covered Period” match their pay periods. The “Covered Period” is used for measuring whether borrowers have spent enough of their borrowed funds on allowed expenses to have their loans forgiven. The newly defined “Alternative Payroll Covered Period” (which the AICPA lobbied heavily for) should help PPP borrowers qualify for loan forgiveness more easily. (This alternative is not available for employers that pay employees monthly or semimonthly.)

Upcoming CEO Roundtable webinar
On Thursday, May 28, at 9:00 AM, we’ll look at the importance of establishing – or reestablishing – routines to help you navigate a world where normal routines seemed to disappear. Organizational coach Greg Pestinger help us with Mastering the New Routine, sharing actions you can take to make your virtual work life efficient and empowering, so you can have the most impact possible on your organization. You can register here.

Check “The List”: CNPE continually curates its useful COVID-19 Nonprofit Resources List. You will want to check it for updates. New this week: a new category, “Resources for Reopening,” which compiles federal and state guidelines along with other timely resources like a link to office-space management software and a template letter to employees about face coverings.

CNPE Self-Care Tip of the Day: Assess the ergonomics of your home office setup. Making even simple changes to ensure that your feet and knees are aligned, your wrists hit your keyboard at the right angle, and your screen is at the optimal height to reduce eye strain can boost your energy and your long-term health. PC Magazine and Inc. magazine have helpful tips.

Hang in there. CNPE has your back. We hope you’re getting the resources you need and that your home office is a productive zone for you. Stay well.

My best,

Ann L. Coffey, CEO