For most of the 1.3 million nonprofits in the U.S., the coronavirus has simultaneously heightened the need for their food, shelter, education and other social services while reducing their revenues.

Without an injection of funding, some of these organizations may have no choice but to pause or even shut down their operations, affecting not only their employees but also their community members.

In response, states, the federal government and foundations are working on solutions to ensure short-term relief, both in the form of cash and information. Here is an overview of some of the most trusted, comprehensive and practical nonprofit-specific resources available at this time, vetted by our industry experts.
 

Financial relief for nonprofits nationwide

If your nonprofit needs financial help, consider consulting the many thorough listings of aid opportunities from some of the industry's major players. Our favorites include:
 


State-specific financial aid for nonprofits

According to Community Foundation, some 250 community foundations in nearly every state have created relief funds to support locals affected by COVID-19, including nonprofits.

We highly recommend exploring Community Foundation’s state-by-state listing of available aid, which includes opportunities like:

  • The OC Community Resilience Fund from the Orange County Community Foundation in California. The fund is deploying grants from $10,000 to $50,000 to community health clinics and nonprofits that are serving vulnerable communities.
  • The $75 million NYC COVID-19 Response & Impact Fund to support New York City-based social services and arts and cultural organizations whose revenue has been affected by the virus. Loans will range from $100,000 to $3 million.
  • The Chicago Community Trust’s Chicago Community COVID-19 Response Fund, in partnership with the City of Chicago and United Way of Metro Chicago, which has earmarked more than $3.5 million and counting for nonprofits in the region. (Nonprofits can’t yet apply, but you can log your interest for when funds are released.)
     

Understanding the CARES Act for nonprofits

Like for-profit businesses, nonprofits are eligible to receive financial support through the CARES Act, the $2 trillion federal relief package. Understanding this legislation and other future laws will be critical to ensure your organization receives maximum relief.

These links explain the law as it relates to nonprofits:

Learn about how NetSuite is helping nonprofits and how to Connect Dollars to Outcomes.