COVID-19 Tools and Resources for Nonprofits
Updated August 5, 2021
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As nonprofits cautiously emerge from the COVID-19 crisis, many face ongoing uncertainty about what comes next. For 40 years, NFF has provided nonprofits with finance, consulting, and actionable insights to strengthen nonprofit organizations and improve the nonprofit funding system. In addition to the resources we produced before COVID-19, we have designed a special set of tools to help nonprofits weather the current crisis and thrive in the long term. We hope these webinars, blog posts, and step-by-step guides can support you.
If you have a question and you can't find the answer here, check out our Ask NFF page.
Table of Contents
- Webinar series: managing in and beyond COVID-19
- Financial tools for nonprofits (and how to use them)
- Paycheck Protection Program and other government funding
- Resources for funders: how you can best support nonprofits
- Additional resources (including survey data)
- NFF finance, consulting, and accessible insights
Webinar series: managing in and beyond COVID-19
In the spring of 2020 we recorded a webinar series designed to support nonprofits through the COVID-19 crisis. You can view those webinars here.
- Strategic Priority-Setting (recording, PowerPoint Slides)
- Cash Flow Projections (recording, PowerPoint Slides)
- Budgeting and Scenario Planning (recording, PowerPoint Slides)
- Decision Making and Communication (recording, PowerPoint Slides)
- Understanding Debt (recording, PowerPoint slides)
- Managing Through Uncertainty Part 1 (recording, PowerPoint slides)
- Managing Through Uncertainty Part 2 (recording, PowerPoint slides)
NFF core webinar content
In addition to the COVID-19 webinars above, we have made our core webinar content available free of charge. While these webinars were recorded before the pandemic, they contain content that will help nonprofits manage through and beyond the current crisis.
Financial tools for nonprofits (and how to use them)
During the pandemic, these tools have been among our most frequently requested resources. We have also prepared short video walk-throughs of our Cash Flow Projection and Scenario Planning tools.
(Please click "CC" in the video player to access captions)
Paycheck Protection Program and other government funding
The federal government has launched several programs intended to support nonprofits (and businesses) through the pandemic. Here is an overview of these programs, including resources from NFF and beyond.
Note: as of July 28, 2021, the U.S. Small Business Administration (SBA) is launching a streamlined application portal to allow borrowers with Paycheck Protection Program (PPP) loans $150,000 or less to apply for forgiveness directly through the SBA. If your nonprofit has not yet applied for PPP forgiveness and you have a PPP loan of $150,000 or less, check with your lender to see if you can apply for loan forgiveness directly through the SBA.
Over 600 lenders are allowing their borrowers to apply for forgiveness through this portal. You can also view the list of lenders who are participating in the direct forgiveness program here.
Paycheck Protection Program (PPP)
The US Small Business Administration (SBA) launched the PPP to help businesses and nonprofits keep their employees on the payroll. You may be eligible for a forgivable loan through this program.
Among those offering PPP funding is Optus Bank, a Black-owned bank and CDFI that has built an online platform to service these loans efficiently and welcomes nonprofit business.
Note: NFF is not a PPP lender. You may search for PPP lenders using the databases below.
- Blog: PPP overview (NFF)
- Blog: PPP FAQs (NFF)
- Blog: Crisis Funding and Debt (NFF)
- Webinar: PPP overview (NFF)
- Webinar: PPP loan forgiveness (NFF)
- Website: official PPP overview (SBA)
- Website: PPP toolbox (FMA)
- Website: How to apply for nonprofit relief funds (Independent Sector)
- Database: PPP lenders (SBA)
- Database: CDFIs (can search by PPP) (Opportunity Finance Network)
Shuttered Venue Operators Grants (SVOG)
This SBA program offers grants (not loans) to theaters, venues, and other spaces dependent on live performance for revenue. Both businesses and nonprofits may apply. Organizations may apply for both SVOG and PPP funding.
Economic Injury Disaster Loans (EIDL)
In addition to the PPP, the SBA also offers the EIDL program. Terms of these loans are different than PPP loans; in addition, these loans are not restricted to payroll and related expenses.
Resources for funders: how you can best support nonprofits
How Foundations Can Help Grantees Respond to COVID-19 – Claire Knowlton (nff.org – July 14, 2020)
With Capital, Communities of Color Can Lead Our Economic Revival – Antony Bugg-Levine and James Gutierrez (The Hill – June 3, 2020)
We Can’t Let Nonprofits That Serve People of Color Fail – Antony Bugg-Levine (Chronicle of Philanthropy – May 5, 2020)
Why Grantmakers Need to Break Their Restriction Habit—Permanently – Claire Knowlton (Nonprofit Quarterly – April 17, 2020)
A ‘New New Normal’ for Foundation Giving: 3 Acts That Will Make a Difference – Antony Bugg-Levine (Chronicle of Philanthropy – March 20, 2020)
6 Steps for Grant Makers to Take Now to Ensure Nonprofits Recover From Coronavirus Spread – Antony Bugg-Levine (Chronicle of Philanthropy – March 9, 2020)
Additional resources (including survey data)
NFF COVID-19 Survey Results – data and stories that can be used to advocate for the actions nonprofits need from funders and investors (nff.org – April 14, 2020)
Webinar series: Best Practices for Nonprofit Boards (nff.org – April 14, 2020)
COVID-19 Resources for Nonprofits and Funders (Bridgespan)
COVID-19 Funding Summary (Candid)
COVID-19 Resource Hub (Council on Foundations)
Information on COVID-19 (Independent Sector)
NFF finance, consulting, and accessible insights
NFF launched and/or administered several low- and no-interest loan funds and consulting projects in direct response to COVID-19.
Metro Denver Loan Fund (currently accepting applications from Denver-area nonprofits)
NFF is committed to supporting nonprofits through the pandemic and beyond through our core offerings: finance, consulting, and accessible insights.
Finance: NFF loans and other financing help nonprofits and social enterprises expand opportunities in low- and middle-income communities. Learn more about our financing options.
Consulting: NFF offers workshops, one-on-one deep dives, and other advisory services designed to help nonprofit leaders realize their visions. Learn more about our consulting options.
Accessible insights: Want to learn more about what we've learned over 40 years of investing in nonprofit success? Have a question you can't find the answer to? Learn more about our work or ask NFF a question.
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