letterhead-electronic-header 11.17.14
 
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Obligatory animal photo. Nothing but information after this. Pictured: Horse, wind in mane, standing in front of gorgeous mountains and fields.

Hi Friends,

We received a notice from Polk Bros Foundation this morning about an important and time-sensitive opportunity that will soon be available to help organizations avoid closing or laying off staff while navigating challenges related to the COVID-19 pandemic.

Through the new federal Coronavirus Aid, Relief, and Economic Security Act (CARES Act), nonprofits and for-profit organizations with fewer than 500 employees will be eligible for Paycheck Protection Program loans of up to $10 million to meet payroll and associated costs such as health insurance premiums, facilities costs and debt service. Importantly, the loans are forgivable if your organization meets certain criteria, including keeping staff on payroll between March 1 through June 30, 2020.

The application for this program is not yet live, but may be available as early as this Friday. We encourage you to act quickly to access this federal emergency financial assistance. This is a first-come, first-served opportunity and more than four million organizations nationally are eligible to apply.

There is a webinar later today, March 31, to learn more about this opportunity, and as of right now space on the webinar is full. However, if you register, you will be added to the wait list and receive the webinar recording.

WEBINAR | Federal Coronavirus Relief Bills: What Do They Mean for Nonprofits? Hosted by National Council of Nonprofits

Tuesday, March 31 at 2:30pm

Learn More and Register

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For additional information on resources to help your organization weather the public health and economic crisis, please check out:

Forefront's CARES Information Page

U.S. Chamber of Commerce Coronavirus Emergency Loans Small Business Guide and Checklist

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We hope that you are all doing as well as possible in this stressful time. Please don't hesitate to reach out to us if you have any questions, an intermission idea, or need any other support.

Thank you and Well Wishes,
McAlpine Consulting for Growth

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Obligatory animal photo: The Sequel. Pictured: A snow snout covered Pomeraian in the snow.

COVID-19 Info & Resources

Information and Resources:
* City of Chicago Response Center
* The Doc is In: Ask Dr. Awady via Mayor Lori Lightfoot Twitter Feed (Daily at 11am)
* State of Illinois COVID-19 Response
* Greater Ravenswood Chamber of Commerce Resources Page (great for small businesses!)
* Forefront COVID-19 Resources and Updates
* Housing Action Illinois Resources

Funding Opportunities:
* Crossroads Fund Critical Response
* Chicago COVID-19 Response
* Evanston Community Foundation Rapid Response

 
 
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