Ernst Wintter & Associates LLP

Recently, the Federal Reserve announced a major change to the Main Street Lending Program, which is worth $600 Billion. Before the COVID-19 pandemic, only for-profit businesses with more than 100 employees could benefit from this government capital program. https://www.ewallp.com/nonprofits-are-now-able-to-benefit-/

When times are tough, nonprofits rely on their board of directors for leadership more than ever. Unfortunately, not every nonprofit board is equipped to lead well in a crisis. https://www.ewallp.com/how-to-replace-your-nonprofit-board/

Most of us know that there are situations when charitable contributions are ineligible for tax deductions. This can be so even when someone itemizes their deductions and gives to tax-exempt organizations. One of these situations is quid pro quo donations. https://www.ewallp.com/how-to-treat-quid-pro-quo-nonprofit/

There’s no question that the COVID-19 pandemic has turned our economy upside down. Massive unemployment and shutdowns are causing a reduced ability for your nonprofit to function at the same time that demand for services is soaring. Unfortunately, it also means that many nonprofit donors are temporarily unable to donate money to their chosen charities. https://www.ewallp.com/properly-valuing-donated-services-a/

Some nonprofits, including California nonprofits, are overwhelmed with requests for services or financial help, while others have been forced to close temporarily. Either way, it’s critical that you know about new legislation passed in response to this crisis. https://www.ewallp.com/how-the-new-covid-19-legislation-im/

Most large U.S. employers have matching gift programs. Matching gifts are a corporate giving program that help nonprofits financially. https://www.ewallp.com/double-donor-donations-matching-gif/