Emergency and Hardship Grants to Individuals in the COVID-19 Crisis

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The COVID-19 pandemic has left certain groups of people with unique urgent need for support.  Foundations have a role beyond grantmaking as usual. The current state of national emergency declared by the President enables private foundations to make grants to individuals in need without the IRS pre-approval normally required. Hear two experts discuss the ins and outs of practicing this unique type of disaster-relief grantmaking and the ramifications for reporting it on your 990PF.

While we pride ourselves on our advice, please realize Exponent Philanthropy is not a law or accounting firm. The information contained in this webinar is being provided for informational purposes only and not as part of an attorney-client relationship. The information is not a substitute for expert legal, tax or other professional advice tailored to your specific circumstances, and may not be relied upon for the purposes of avoiding any penalties that may be imposed under the Internal Revenue Code. It is our advice that you seek independent counsel, for any tax, accounting or legal issues you may have, related to matters that are of a material concern to you or your organization.