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How Companies Can Partner with Nonprofits

CFO News Room

In today’s ESG-focused world, there is no taboo about corporations seeking advice and partnership opportunities with nonprofits. What contact they have had with nonprofits has usually been through their corporate giving or corporate social responsibility programs. The very best nonprofits have much to teach corporations.

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Nonprofit Operating Reserves: How Much Do You Need?  

The Charity CFO

No matter what corner of the nonprofit world you find yourself in, every organization has one thing in common – the need for nonprofit operating reserves. While it may sound complex, it’s a vital part of the financial picture for nonprofit leaders to consider. What is a Nonprofit Operating Reserve?

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How Can The Main Street Lending Program Help Your Business?

CSC Advisors

If your business is struggling during the ongoing pandemic, you still have options for economic relief. The reserve put aside $600 billion of business aid in the Coronavirus Aid, Relief and Economic Security (CARES) Act to assist the businesses that were financially sound before the impact of the pandemic negatively affected their finances.

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Wells Fargo Shifts Gears To Extend Small Business $10B In Relief Loans

PYMNTS

Wells Fargo announced it will begin taking loan applications on Monday (April 6) as part of the Paycheck Protection Program (PPP) and will disperse $10 billion to nonprofits and businesses with fewer than 50 employees. Therefore, we are focusing our efforts under the Paycheck Protection Program on these groups,” said Scharf.

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How Can the Main Street Lending Program Help Your Business?

CSC Advisors

If your business is struggling during the ongoing pandemic, you still have options for economic relief. The reserve put aside $600 billion of business aid in the Coronavirus Aid, Relief and Economic Security (CARES) Act to assist the businesses that were financially sound before the impact of the pandemic negatively affected their finances.

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Big-Box Retail CEOs Say Stimulus Checks Boosted Sales

PYMNTS

The Coronavirus Aid, Relief and Economic Security (CARES) Act provided income-eligible taxpayers with a $1,200 check, or $2,400 for couples. A survey by the National Bureau of Economic Research, a nonprofit group, found that after a week or two, consumers had spent more than 40 percent of the money from the checks. “A

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FTC Warns Taxpayers About Stimulus Fraud

PYMNTS

No one will call to ask for your bank account, credit card or Social Security number, the FTC said. Don’t pay to get any economic impact payment, and keep your info to yourself,” Leach wrote. A survey released last week by SocialCatfish.com, the identity verification nonprofit, reported U.S.