The Forgotten Sector?

All nonprofit organizations, large or small, have one thing in common—they exist to provide a public benefit. Although smaller nonprofits, defined provisionally as having 500 employees or fewer, have been able to take advantage of government lending programs established in the wake of the COVID-19 outbreak—the Paycheck Protection Program (PPP) and the Main Street Lending Program (MSLP)—larger nonprofits have not. This is a major and potentially catastrophic oversight.