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Coronavirus Aid, Relief, and Economic Security Act (CARES Act)

Late Friday afternoon (March 27) President Trump signed into law the latest relief package designed to help individuals and companies affected by COVID-19. The bill itself is around 900 pages long and is going to take a bit of time to review, digest, and interpret by various government agencies assigned to implement it. But in anticipation of its passing and signing, several reputable groups and nonprofit associations began working to understand the bill and its probable impact on nonprofits as information became available (H.R. 748 The Coronavirus Aid, Relief, and Economic Security Act). The following is a brief overview of some of the key components of the bill with impact on nonprofit organizations.


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