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Federal Reserve Releases FAQs for Nonprofit Lending Facilities under Main Street Lending Program

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Category: Non Profits

Federal Reserve Releases FAQs for Nonprofit Lending Facilities under Main Street Lending Program

By Jonathan L. Cabot and Neal R. Pandozzi on July 30, 2020

On July 23, 2020, the Board of Governors of the Federal Reserve System (the “Federal Reserve”) released Frequently Asked Questions… Read More

Federal Reserve Approves Nonprofit Organizations for Main Street Lending Program and Releases Updated Term Sheets

By Jonathan L. Cabot and Neal R. Pandozzi on July 24, 2020

On June 15, 2020, the Board of Governors of the Federal Reserve System (the “Federal Reserve”) proposed the expansion of… Read More

Federal Reserve Considers Expanding the Main Street Lending Program to Accommodate Nonprofit Organizations – Comments Welcome

By Jonathan L. Cabot and Neal R. Pandozzi on June 18, 2020

The Board of Governors of the Federal Reserve System (the “Federal Reserve”) is seeking public comment on a proposal to… Read More

A Proactive Approach For Nonprofit Boards

By Jonathan L. Cabot on February 26, 2020

THE FIRST STEP Volunteering to serve on the board of a nonprofit corporation can be a rewarding experience, providing those… Read More

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