COVID-19: RESOURCES FOR NONPROFITS
We appreciate all the work that nonprofits are doing to address the needs of our community in the midst of the COVID-19 pandemic, and we know that many are struggling financially during this global health and economic crisis. We have compiled these resources to assist local nonprofits.
We will be updating this webpage as we receive current information.
Share Your Voice: Take the San Mateo County Nonprofits COVID-19 Impact Survey
Thrive Alliance has partnered with the County of San Mateo to survey nonprofit organizations to capture information about the serious impacts San Mateo County nonprofits are experiencing as a result of the COVID-19 crisis. The survey deadline is April 10, 2020.
On March 27, 2020, Congress passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act. It is an estimated $2 trillion package that specifically allocates $10 billion for Economic Injury Disaster Loans and $350 billion for Paycheck Protection Loans to help small businesses including nonprofits during the COVID-19 pandemic. After the initial tranches of funds were depleted by mid-April, additional funding for programs benefiting small business - including $320 billion for the Paycheck Protection Program and $60 billion for the Economic Injury Disaster Loans Program - was approved and signed into law on April 24, 2020.
Coronavirus Aid, Relief, and Economic Security (CARES) Act
* National Council on Nonprofits: What's in the CARES Act for Nonprofits
* Nonprofit Quarterly: "How Nonprofits Can Utilize the New Federal Laws Dealing with COVID-19"
* Office of Congresswoman Jackie Speier: Coronavirus Relief for Small Businesses and Nonprofits
* U.S. Chamber of Commerce: Coronavirus Aid, Relief, and Economic Security Act: What Small Businesses Need to Know
* Small Business Finance: The Small Business Owner's Guide to the CARES Act
Small businesses (including sole proprietorships, independent contractors and self-employed persons) and nonprofits are eligible for COVID-19 emergency relief under the federal CARES Act. Visit the Small Administration (SBA) website to find out how you can apply. Key relief programs include:
Paycheck Protection Program: A new loan program to help small businesses including nonprofits to cover payroll during the immediate crisis. SBA will forgive loans if all employees are kept on the payroll for eight weeks and the money is used for payroll, rent, mortgage interest, or utilities.
The SBA will resume accepting Paycheck Protection Program applications from participating lenders on Monday, April 27, 2020 at 7:30am PDT.
Economic Injury Disaster Loan and Emergency Advance: The EIDL program provides small businesses including nonprofits with working capital loans to help overcome the temporary loss of revenue they are experiencing. As part of this program, small businesses can apply for a $10,000 advance, which will be made available within days of a successful application and will not have to be repaid.
SBA is unable to accept new applications at this time for the Economic Injury Disaster Loan (EIDL)-COVID-19 related assistance program (including EIDL Advances) based on available appropriations funding. Applicants who have already submitted their applications will continue to be processed on a first-come, first-served basis.
For assistance, contact the SBA San Francisco District Office.
Charitable Tax Deductions
For the 2020 tax year, the CARES Act allows households to take up to a $300 tax deduction for certain qualified charitable contributions even if they are taking the standard deduction and are not itemizing. There are also expanded charitable tax deductions for corporations and for taxpayers who itemize.
San Mateo County Strong is a county-wide effort funded by $3 million in emergency funding approved by the Board of Supervisors as well as community donations. It supports individuals and families with basic needs, local small businesses, and nonprofits providing services to the most vulnerable populations like seniors, homeless individuals or people with disabilities.
The goal of SMC Strong's nonprofit efforts is to provide emergency grants through the Silicon Valley Community Foundation to support nonprofit organizations serving San Mateo County whose services are most impacted by the COVID-19 pandemic. The first round of funding for non-profits of $1 million was designated for the eight core services agencies in the County and the Shelter providers. The second round of funding is targeted to organizations whose organizational activities or everyday operations have been disrupted by COVID-19.
What can nonprofit organizations use the grant funding to pay for?
• Supplies related to health and hygiene (e.g., masks, gowns, gloves and other protective equipment) as recommended by the Centers for Disease Control or the county public health department
• Technology upgrades or purchase of virtual communication vehicles
• Other operational and staffing expenses that relate to the shift in direct service plans or the provision of emergency services
The grant funding is a maximum of $20,000 per organization, subject to availability of funds.
The application period will be from Wednesday, May 6, 2020, at 8:00 a.m. until receipt of 250 applications or Monday, May 11, 2020, at 5:00 p.m., whichever comes first.
You can access the San Mateo County Strong Fund Nonprofit Grant application form at the website www.smcstrong.org starting at 8:00 a.m. on Wednesday, May 6, 2020.
For more information, visit here.
The Silicon Valley Community Foundation has created three emergency funds, including one that offers operating grants to nonprofit organizations providing emergency-related services and to nonprofits that have experienced unexpected costs due to the COVID-19 pandemic.
The San Francisco Foundation is offering emergency grants to nonprofits addressing racial bias, worker protection, homelessness and renter protection/housing security, and food security.
The Horizons Foundation is providing emergency funding to Bay Area LGBTQ nonprofit organizations to help them respond to the COVID-19 pandemic, especially to support individuals, couples, and families impacted by the pandemic and those in vulnerable and underserved parts of the community.
Other grant and loan programs available to small businesses may also be available to nonprofit organizations. Please see our Small Business Assistance page for additional resources.
National Council on Nonprofits: Nonprofits and Coronavirus, COVID-19, including analysis of the CARES Act