Aid for Nonprofits Dealing With COVID-19
The $2 trillion federal stimulus package, CARES Act, is expected to go into effect on Friday, much to the relief of thousands of individuals, nonprofits and organizations. If you’re currently struggling with shrinking operational funds, this article from Nonprofit Quarterly details how nonprofits may be eligible to access funds to avoid laying people off or closing your doors. From emergency support for nonprofits with less than 500 employees to loan support for larger entities, there’s relief for everyone… even donors.
Fewer Events, More Digital Marketing
Right now, I’m having trouble looking a few days into the future — not to mention several months of years. Nevertheless, I thought this analysis of how the coronavirus may change marketing (at least in the B2B space) was insightful. Budgets that were allocated for in-person events, retreats, conferences, fundraisers and trade shows are now being shifted to the online space for marketing. Whatever you do, don’t totally chop your marketing and communications budget! It’s important to stay connected with your audience and maintaining a sense of normalcy — even if the current situation is so unpredictable.