As Economy Struggles, Nonprofits Ask Congress For Help
As members of Congress continue to struggle to agree on terms for an emergency aid package aimed at addressing the financial consequences of the coronavirus pandemic, a coalition of national nonprofit groups is asking lawmakers to do more to help the nation's charities.
Nonprofit groups say the nation's charitable sector is especially hard-hit at this time. Several national groups – among them the United Way, the YMCA and YWCA, and the American Cancer Society – are asking Congress for $60 billion in emergency funding to nonprofit organizations nationwide. They also are requesting additional tax breaks and other incentives meant to encourage charitable contributions, and access to federal small business loans for nonprofits.