Community Matters Magazine, Spring 2020

Page 7

ard During Crisis

Collaboration Connects Nonprofits to Coronavirus Relief With local nonprofits facing an uncertain future, the Community Foundation used the power of collaboration to deliver fast answers to important questions about new federal coronavirus relief opportunities. Just days after the $2 trillion CARES Act was signed into law, we joined forces with the region’s other major philanthropic organizations for an exclusive webcast. It connected local nonprofits to financial experts who could help them navigate complicated rules for getting federal loans to fill budget shortfalls and keep people employed.

to get needed supplies during the coronavirus crisis.

More than 1,000 people participated in the first-ofits-kind webinar, produced in collaboration with Berkowitz Pollack Brant Advisors and CPAs. The firm’s experts explained how to apply for paycheck protection program loans, and how to ensure loans are forgivable through the CARES Act. With this help, the nonprofits that participated in the webinar have received nearly $5 million in federal relief. More webinars and other outreach are planned as needed. They are examples of how the Community Foundation creates bold impact through collaboration and partnerships. “We’re all in this together,” Community Foundation President/CEO Linda B. Carter said. “And together we’ll help Broward through this crisis and beyond.”

gift cards are among items included in care packages being delivered to struggling Fort project started by H.O.M.E.S., Inc. with support from the Community Foundation of Broward.

The Community Foundation of Broward teamed with these South Florida philanthropic organizations to help nonprofits access federal coronavirus relief opportunities.

hardworking residents become self-sufficient are among the ways Community Foundation Fundholders tackle Economic Independence – one of Broward’s top Issues That Matter. More support for programs that promote Economic Independence will be key to overcoming the immediate and long-term local effects of the coronavirus. It’s how local philanthropists can help neighbors in need get through this current crisis – and be better prepared for future economic challenges. cfbroward.org

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