A letter signed by fifty-five nationwide nonprofits urges President Joe Biden and congressional management to acknowledge and put money into the nonprofit sector’s crucial function in rebuilding the financial system, restoring livelihoods and strengthening communities.
The letter highlights how “charitable nonprofits have…stretched past all cheap measures and proceed to advance their missions regardless of unfathomable challenges” and “have stepped as much as help vaccine distribution and consciousness.” Given the nonprofit sector’s function in offering pandemic reduction and supporting the nation’s financial restoration, the letter asks “that Congress and the Administration enact a package deal of reduction options tailor-made to the precise wants and realities of those organizations that, such as you, are dedicated to serving the general public good.”
Particularly, the signatories urge Congress to go the Work Alternatives and Sources to Maintain Nonprofit Organizations Properly (WORK NOW) Act (S. 740/H.R. 1987), which might infuse $50 billion into nonprofits throughout the nation and assist make sure that nonprofits are in a position to meet the wants of the populations they serve; lengthen the Worker Retention Tax Credit score and modify nonprofit eligibility past the present “gross receipts” check to replicate the elevated prices charitable organizations skilled in the course of the pandemic; and direct the Bureau of Labor Statistics to supply quarterly knowledge on nonprofit employment and wages to assist inform nonprofits’ choice making. The letter additionally urges Congress and the administration to boost the cap on the above-the-line deduction for charitable donations that was established within the CARES Act, lengthen it not less than by means of 2022, and protect the itemized charitable deduction; acceptable funds for emergency grant packages that allow nonprofits to advance their missions and serve their communities; and make investments $100 billion to ensure all residents entry to reasonably priced high-speed broadband, construct out the infrastructure to prioritize the hardest-to-serve communities, and fund the Emergency Connectivity Fund.
Signatories to the letter embrace the American Alliance of Museums, Affiliation of Fundraising Professionals, Goodwill Industries Worldwide, Impartial Sector, Nationwide Council of Nonprofits, and United Method Worldwide.