Financial resources and information for nonprofits and small businesses affected by COVID-19, updated May 18, 2020:
- Helpful COVID-19 webinar (from May 12), webinar slides, and resources from the Nonprofit Association of Oregon.
- The Form 990 deadline is now July 15.
- Seattle Foundation COVID-19 Response Fund. As of 4/17/2020, this fund holds $18.9m. “In order to move resources quickly and not further burden organizations on the frontlines of the pandemic, we are not hosting a formal application process at this time. Seattle Foundation is administering grants from the Fund in partnership with United Way of King County, King County’s Pandemic Community Advisory Group, and Fund partners. Check out the first round of grants. Grants are made on a rolling basis. As fundraising continues through the outbreak and recovery phases of the crisis, the Fund will adapt to emerging needs as the situation evolves.”
- 4Culture, the King County arts agency, is establishing a $1m Cultural Relief Fund. First round of applications will be accepted April 1 – May 15. 15-30 minute application, with notification in 10 business days. 4Culture is also extending and indefinitely postponing existing grant deadlines.
- The federal Families First Coronavirus Response Act, signed into law on March 18, 2020, outlines new requirements for paid sick time, protected paid family time, and insurance coverage for private-sector employees with fewer than 500 employees. Employer costs will be offset by tax credits.
- The federal income tax filing deadline for individuals and C corporations has been extended to July 15, 2020.
- The Washington Department of Revenue:
- Will be able to waive interest, fees, late payment/due date penalties; and extend due dates for a broad range of business taxes.
- Has extended the deadline for annual tax return filers from April 15 to May 15, 2020.
- The Washington Utilities And Transportation Commission will be suspending certain restrictions to expand the use of energy bill assistance funds to unemployed customers.
- Up to $5m of the Governor’s Strategic Reserve Funds will be made available as small grants to small businesses via the Washington Department of Commerce – application details TBD.
- If you’re in the City of Seattle, consider taking the Seattle Office of Economic Development’s 10-minute survey on the impact of COVID-19 on your nonprofit to help them development economic supports: https://www.seattle.gov/office-of-economic-development/small-business
Current Statistical Data: Covid19stats.live (formerly ncov2019.live). An extremely useful site created by King County’s own Avi Schiffman, a 17-year-old high school junior from Mercer Island. Democracy Now article; Mercer Island Reporter article.