• Latest
  • Trending
  • All
  • Market Updates
  • Cryptocurrency
  • Blockchain
  • Investing
  • Commodities
  • Personal Finance
  • Technology
  • Business
  • Real Estate
  • Finance
Government shutdown puts some nonprofits in jeopardy

Government shutdown puts some nonprofits in jeopardy

October 26, 2025
Tesla Stock Is Up 219% Since 2020. Can Investors Still Make Money With This Texas-Based Company?

Tesla Stock Is Up 219% Since 2020. Can Investors Still Make Money With This Texas-Based Company?

October 26, 2025
Positive signs emerge of a US-China deal

Positive signs emerge of a US-China deal

October 26, 2025
If Gandhi Lived in the Age of ChatGPT

If Gandhi Lived in the Age of ChatGPT

October 26, 2025
Bitcoin Reserves On Binance Fall To July Lows — What This Means For Price

Bitcoin Reserves On Binance Fall To July Lows — What This Means For Price

October 26, 2025
AWS Outage Shows Crypto’s Weak Spot: Centralized Dependence

AWS Outage Shows Crypto’s Weak Spot: Centralized Dependence

October 26, 2025
OpenAI’s Sora Loses Its Top App Store Ranking to Dave’s Hot Chicken

OpenAI’s Sora Loses Its Top App Store Ranking to Dave’s Hot Chicken

October 26, 2025
Black Friday 2025: Here’s how to save like a shopping editor this holiday season

Black Friday 2025: Here’s how to save like a shopping editor this holiday season

October 26, 2025
Soft Manager – Trading Ideas – 5 August 2025

Why You Keep Ignoring Your Stop Loss — and Pay for It Later – Other – 26 October 2025

October 26, 2025
CMC Markets, IG, oneZero, and More: Executive Moves of the Week

RADEX MARKETS, B2Prime, Tickmill, and More: Executive Moves of the Week

October 26, 2025
Coinbase’s x402 Transactions Rise 10,000% in a Month

Coinbase’s x402 Transactions Rise 10,000% in a Month

October 26, 2025
Amazon’s Outage Wasn’t a Fluke — It Was a Warning

Amazon’s Outage Wasn’t a Fluke — It Was a Warning

October 26, 2025
Gear News of the Week: There’s Yet Another New AI Browser, and Fujifilm Debuts the X-T30 III

Gear News of the Week: There’s Yet Another New AI Browser, and Fujifilm Debuts the X-T30 III

October 26, 2025
Sunday, October 26, 2025
No Result
View All Result
InvestorNewsToday.com
  • Home
  • Market
  • Business
  • Finance
  • Investing
  • Real Estate
  • Commodities
  • Crypto
  • Blockchain
  • Personal Finance
  • Tech
InvestorNewsToday.com
No Result
View All Result
Home Personal Finance

Government shutdown puts some nonprofits in jeopardy

by Investor News Today
October 26, 2025
in Personal Finance
0
Government shutdown puts some nonprofits in jeopardy
492
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter


The government shutdown is 'beginning to bite,' says SEC Chair Paul Atkins

The Incapacity Consciousness Council in Chapel Hill, North Carolina, assists people with disabilities in the neighborhood, providing support starting from transportation to housing advocacy. However for now, many companies are on maintain.

“Due to the shutdown and cuts, core incapacity companies that folks depend on each week are both paused, lowered or operating with unpaid labor,” mentioned Timothy Miles, the group’s director and board liaison.

Because the standoff in Washington drags on, many nonprofits have misplaced entry to federal grants and should make robust selections about what support they’ll supply and for the way lengthy.

On the similar time, the shutdown has put some federal help, such because the Supplemental Nutrition Assistance Program, or SNAP, in danger simply when the necessity for assistance is increasing. With a whole bunch of 1000’s of federal workers and contract employees furloughed and with out pay, that provides to the pressure on nonprofits which can be wanted to assist fill the hole.

“Nonprofits are on the frontlines of serving communities, however a authorities shutdown makes it more durable for them to meet their missions,” mentioned Diane Yentel, president and CEO of the Nationwide Council of Nonprofits, an trade affiliation. 

“The longer this shutdown lasts, the extra individuals and communities are left with out the vital companies they rely upon,” she mentioned.

The present authorities shutdown is now the second-longest federal funding lapse in U.S. history.

Learn extra CNBC private finance protection

Many nonprofits had been already dealing with monetary stress earlier than the shutdown on account of disruptions in authorities funding earlier this 12 months that was proscribing their skill to satisfy group demand, in accordance with the City Institute, a nonpartisan policy research group.

The typical nonprofit receives about 28% of its funding from the federal government, and 60% to 80% of nonprofits would not be capable to cowl their bills in the event that they misplaced that grant support, in accordance with the institute’s evaluation of IRS information.

With a lapse in appropriations, nonprofits are actually dealing with a possible shortfall, mentioned Sarah Saadian, the Nationwide Council of Nonprofits’ senior vice chairman of public coverage and campaigns.

“For these nonprofits that had been ready to get their grant renewed or want approval, there is not any one there,” Saadian mentioned.

Miles mentioned that is among the largest challenges the Incapacity Consciousness Council at present faces. “We’re ready on some funding from the federal authorities,” he mentioned, however there may be “no direct contact with among the businesses.”

The funding hole means some staffers will go unpaid and packages will likely be placed on maintain, in accordance with Miles. The group has a workforce of seven and serves a whole bunch of individuals within the space.

‘Actual long-term penalties’

The longer the shutdown continues, the more durable it will likely be for nonprofits to proceed serving their communities, Saadian mentioned.  

In lots of circumstances, if a company lays off employees or places a program or service on pause, it may be tough to renew operations as soon as the shutdown ends and funding kicks in.

“As soon as these organizations endure these sorts of impacts, there might be actual long-term penalties, as a result of they’ve misplaced that infrastructure, they’ve misplaced that employees,” Saadian mentioned.

Subscribe to CNBC on YouTube.



Source link

Tags: GovernmentJeopardynonprofitsputsShutdown
Share197Tweet123
Previous Post

AWS Outage Shows Crypto’s Weak Spot: Centralized Dependence

Next Post

Bitcoin Reserves On Binance Fall To July Lows — What This Means For Price

Investor News Today

Investor News Today

Next Post
Bitcoin Reserves On Binance Fall To July Lows — What This Means For Price

Bitcoin Reserves On Binance Fall To July Lows — What This Means For Price

  • Trending
  • Comments
  • Latest
Private equity groups prepare to offload Ensemble Health for up to $12bn

Private equity groups prepare to offload Ensemble Health for up to $12bn

May 16, 2025
The human harbor: Navigating identity and meaning in the AI age

The human harbor: Navigating identity and meaning in the AI age

July 14, 2025
Equinor scales back renewables push 7 years after ditching ‘oil’ from its name

Equinor scales back renewables push 7 years after ditching ‘oil’ from its name

February 5, 2025
Niels Troost has a staggering story to tell about how he got sanctioned

Niels Troost has a staggering story to tell about how he got sanctioned

December 14, 2024
Why America’s economy is soaring ahead of its rivals

Why America’s economy is soaring ahead of its rivals

0
Dollar climbs after Donald Trump’s Brics tariff threat and French political woes

Dollar climbs after Donald Trump’s Brics tariff threat and French political woes

0
Nato chief Mark Rutte’s warning to Trump

Nato chief Mark Rutte’s warning to Trump

0
Top Federal Reserve official warns progress on taming US inflation ‘may be stalling’

Top Federal Reserve official warns progress on taming US inflation ‘may be stalling’

0
Tesla Stock Is Up 219% Since 2020. Can Investors Still Make Money With This Texas-Based Company?

Tesla Stock Is Up 219% Since 2020. Can Investors Still Make Money With This Texas-Based Company?

October 26, 2025
Positive signs emerge of a US-China deal

Positive signs emerge of a US-China deal

October 26, 2025
If Gandhi Lived in the Age of ChatGPT

If Gandhi Lived in the Age of ChatGPT

October 26, 2025
Bitcoin Reserves On Binance Fall To July Lows — What This Means For Price

Bitcoin Reserves On Binance Fall To July Lows — What This Means For Price

October 26, 2025

Live Prices

© 2024 Investor News Today

No Result
View All Result
  • Home
  • Market
  • Business
  • Finance
  • Investing
  • Real Estate
  • Commodities
  • Crypto
  • Blockchain
  • Personal Finance
  • Tech

© 2024 Investor News Today