National Emergency Declaration Concerning Coronavirus Enables Corporate Foundations to Assist Employees
April 11, 2020
April 11, 2020
FAIRFIELD, Connecticut, April 11 -- The Foundation Source issued the following news release:
While the IRS allows corporate foundations to make grants directly to individuals in need within their target communities, it typically does not permit them to assist employees of their sponsoring companies. However, as President Trump declared coronavirus a national emergency, corporate foundations can now provide disaster relief to those employees, reports Foundation Source, the nation's l . . .
While the IRS allows corporate foundations to make grants directly to individuals in need within their target communities, it typically does not permit them to assist employees of their sponsoring companies. However, as President Trump declared coronavirus a national emergency, corporate foundations can now provide disaster relief to those employees, reports Foundation Source, the nation's l . . .