COVID-19 Relief: Policy Update

Council on Foundations

On Monday afternoon (12/21/20), Congressional leaders released the long-awaited end-of-the-year package, which includes funding for the federal government, a COVID-19 relief package, tax extenders, and several other provisions. The House and Senate passed the over 5,000-page package Monday evening and the President is expected to sign it.

COVID-19 Relief

The package includes more than $900 billion in response to the ongoing COVID-19 pandemic, providing some assistance to nonprofits, businesses, families, and communities. The National Council of Nonprofits released their chart of the Nonprofit Provisions in COVID Relief Legislation. The House Appropriations Committee released a comprehensive summary of the various relief-related provisions.

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