Congressional Democrats are pushing a federal bill that would give nonprofits $50 billion to help them retain employees, hire newly unemployed workers and expand their operations to combat the devastating effects of the coronavirus pandemic.
The bill, which was reintroduced in the U.S. Senate this week by U.S. Sen. Amy Klobuchar and three other Senate Democrats, would give individual nonprofits grants of up to $3 million.
However, experts say the bill's chances of passage this time remain unclear. Most of the money will cover wages and benefits for existing or new employees with salaries of up to $50,000.
Nonprofits can also use some of the funds to pay expenses, like rent and utilities, and program costs. The bill would also allow