CARES Act 2020 Whitepaper
The CARES Act includes a number of provisions that provide economic relief and/or emergency funding to support private businesses, including not-for-profit organizations.
Here are just a few of the sections of the Act that may impact your organization:
- Division A: Keeping Workers Paid and Employed, Health Care System Enhancements, and Economic Stabilization
- Title II, Section 2204: Allowance of Partial Above-the-Line Deductions for Charitable Contributions
- Title II, Section 2205: Modification of Limitations on Charitable Contributions During 2020