Month: March 2020

Visit here for more information on Nonprofit Quarterly‘s free Town Hall meeting titled “Responding to COVID-19: A Bold Conversation.”  Information from NPQ on this event is as follows:  

“As nonprofit leaders, activists, and funders we are in unchartered waters. Even as we deal with how COVID-19 is impacting our own families and loved ones, we are called to contribute to a larger response: the response of our organizations, our movements, and of civil society at large.

NPQ, believes that how we shape our responses to COVID-19 has far greater implications than the successful containment of this particular and terrifying public health crisis, or even the survival of our individual institutions, though obviously both are critical. NPQ  knows that public health is interconnected with every aspect of our society from access to health care, to financial security, to climate change. And, most fundamentally, to racial justice and the state of our democracy itself.  (more…)

There is an immediate opportunity for impact with 100% match on nonprofit gifts through Benevity.  Starting yesterday, Benevity is committing $300,000 in matching funds for any nonprofit donations made through their donation portal. This $300,000 match will likely go fast.  Transaction fees are 2.9%, as they are with many donation portals.  The link to donate is here.  

NOTE:  Please be sure to click the box for “share my name and comments.”

For OneSource Center supporters interested in making a donation, we are appreciative!  

The Government Affairs Department of the Cincinnati Regional Chamber has distributed the following information late last night for nonprofits and businesses in response to the current COVID-19 situation.  This is an evolving story.  Please sign-up for Chamber updates here.

SBA Economic Injury Disaster Loans (EIDL)

• • These are low-interest, 30-year loans of up to $2M to assist businesses who are experiencing economic hardships due to COVID-19.
  • The governors of Ohio and Kentucky have submitted the required application to allow small businesses to apply for EIDL funds.  It is expected that the SBA will approve state applications by Friday.  When the application is approved, individual businesses will need to apply directly to the SBA for funds.  It is estimated that businesses will start to see funds in-hand 14-21 days after their application is received.  The SBA is working to expedite this timeline.  Applications can be accessed here.
  • To assist in this process, the Ohio Development Services Agency (DSA) is asking all affected businesses to complete this form and return it to james.laipply@development.ohio.gov. 
  • DSA is also asking businesses to complete this survey to economic damage throughout the state.
  • Please note, the form and the survey do not take the place of the SBA application.  That is a separate application that will come once Ohio’s application is approved. 
  • For additional information, please contact BusinessHelp@Development.Ohio.Gov in Ohio or econdev@ky.gov in Kentucky or visit https://www.iedc.in.gov/ in Indiana.

Unemployment Benefits

• • Governor DeWine signed an order this week to expand unemployment compensation availability in light of this crisis.
  • The order allows those who have been forced to quarantine, those who have been laid off due to COVID-19 effects, and those who work in businesses that were forced to close to qualify for unemployment compensation. 
  • The state will waive both the one-week waiting period for benefits and the requirement that individuals seek additional employment while receiving benefits.
  • Additional information can be found at http://jfs.ohio.gov/ouio/CoronavirusAndUI.stm. 
  • In Kentucky, Governor Beshear also waived the waiting period and job search requirements for those facing unemployment due to COVID-19.  More information can be found here.

Additional Resources

• • REDI Cincinnati has compiled a list of economic resources from a number of regional sources here.

There is ample information being distributed through trusted sources, but OneSource Center wanted to highlight several sources of information we felt were noteworthy for nonprofits: 

• Sign up to receive United Way of Greater Cincinnati updates.  (Sign-up at the bottom of the page.)
• Sign-up for Cincinnati Regional Chamber updates.
• Check Cincinnati.com for updates on local stories re: Coronavirus. (Coronavirus updates are free to nonsubscribers.)  
• Ohio Lieutenant Governor Husted said small businesses and nonprofits are eligible for Economic Injury Disaster Loans (EIDL) from the Small Business Administration (SBA) to pay fixed debts, payroll, accounts payable and other bills. The Ohio Development Services Agency (ODSA) is coordinating state efforts to gain Ohio’s access to SBA’s Economic Injury Disaster Loans. ODSA has opened an online portal for businesses and nonprofits to complete an economic damage assessment survey and to sign-up to receive information about these loans. Information received by ODSA will be used for Ohio’s submission to DSA. The form can be found here.  (Please repost/recirculate this link as needed.) Businesses can also email businesshelp@development.ohio.gov. More information on the SBA EIDL program can be found at: SBA.gov/disaster.