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OMB’s Rescinds Previous COVID-19 Memos and Issues M-20-26

The U.S. Office of Management and Budget (OMB) issued M-20-26 to provide for an extension of allowability of salaries and other project activities through September 30, 2020 and to also extend the single audit submission through December 31, 2020,  to allow a responsible transition to normal operations.

While M-20-26 extends some of the flexibilities provided in previous expiring memos, it also eliminates the six-month single audit extension, requires auditees and auditors to separately identify Emergency Acts expenditures, and adds the requirement to exhaust other funding sources. You can learn more details about these changes here.

Third Memorandum Added to OMB COVID-19 Grant Exceptions

The OMB has issued a third memorandum to its list of grant exceptions in light of COVID-19. This addition allows Federal awarding agencies to repurpose their awards to support COVID-19 needs, including, but not limited to, the donation of medical equipment and supplies purchased with Federal funds.

You can learn more here.  

CARES Act

Under the Coronavirus Relief Fund, up to approximately $7.3 billion may go directly to cities to support communities and their fiscal capacity to respond to COVID-19. Learn more about this fund that falls under the CARES Act and how it helps cities’ and counties’ programs and initiatives during this global pandemic here.

On Friday, March 27 the president signed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), the third coronavirus response bill. The $2.2 trillion package expands on previous bills and includes several provisions related directly to state funding. Find more information here.  

Are you a nonprofit wondering how the Coronavirus Aid, Relief and Economic Security (CARES) Act may work for your organization? Check out this CARES Act resource guide for individuals, small nonprofits, and large nonprofits.

White House and Senate Pass COVID-19 Stimulus Package, Including Major Grant Dollars

On Wednesday, March 25 the White House and Senate passed a stimulus package in response to the coronavirus spread. The proposal is set to inject $2 trillion into the economy, including $500 billion for a major corporate liquidity program, $347 billion for a small business loan program, $100 billion for hospitals, and $150 billion for state and local governments.

Learn more about this stimulus package here.

Portal for Coronavirus Relief Fund Payments

State, local, and tribal governments can now access their payments in accordance with the CARES Act through this portal. You can also obtain payment forms here.

Resource: The Effect of COVID-19 on Grants

Just like many other industries, the spread of COVID-19 has affected the grants community in unprecedented ways. Thompson Grants has put together a resource to help you learn more about the federal resources available during this time, how the pandemic is affecting all grant processes, and when you may be able to access report submission extensions.

OMB’S March Grants Innovation Exchange Webinar Recording Now Available

Did you miss the OMB’s March Grants Innovation Exchange webinar which discussed OMB changes in light of coronavirus? This month’s session, which was entitled OMB Updates: Administrative Relief for Recipients and Applicants Impacted by the Novel Coronavirus; and Implementation of The GREAT Act, is now available via presentation slides and recording.

List of Coronavirus Relief Funds

If you are trying to secure funding related to coronavirus relief, Candid has been compiling a list of currently available awards. The list is mainly funding from US-based foundations for non-profits, although you may find other opportunities. Visit the list here.  

All About Department of Education Grant Funds During COVID-19

Do you receive or are you trying to receive funding from the Department of Education and are wondering how the coronavirus pandemic may affect this? Check out this fact sheet that details the use of Department of Education funds during this time as well as provides contact information should you have additional questions.

All About HRSA Grant Funds During COVID-19

Like many grant funders, the Health Resources & Services Administration (HRSA) has received a number of questions surrounding their grant policies during the coronavirus pandemic. To help efficiently answer any and all questions, the administration has compiled an FQA sheet that can be accessed here.

How to Operate Your Current Funding During Coronavirus Spread

Have questions or concerns about how COVID-19 could affect your current research or projects or collaboration with the National Institute of Health (NIH)? The NIH is keeping an up-to-date guide for its applicants and recipients on how they will manage awards during this period.

Find the FAQ here.

All About the Coronavirus Funding Package

Within the next 30 days states and localities will receive more than $400 million in grants for coronavirus preparedness. Not sure what all this $8.3 billion funding package encapsulates? Learn more about the six key provisions.

Preparing Nonprofits for Coronavirus Recovery

Nonprofits and foundations are not only one of the keys to helping during this time of crisis, they will also be necessary to rebuild our communities in the future. Read more about the steps a grant maker can take now to ensure nonprofits are still viable entities following the Corona spread.

Philanthropists – Don’t Stop, Just Slow Down

While many have stopped or paused their philanthropic efforts due to the recent coronavirus pandemic, you don’t have to. Learn how to slow down, specifically with your grant programs, so you can still work towards your organization’s mission during this time.