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Independent Sector Letterhead Jeffrey L. Bradach, Chair The Bridgespan Group April 20, 2020 Fred Blackwell, Vice Chai The San Francisco Foundation The Honorable Jovita Carranza Sonya Campion, Secretary Administrator Campion Advocacy Fund U.S. Small Business Administration Jennifer Reedy, Treasurer 409 3rd Street, SW Bush Foundation Washington, DC 20416 Sarah Kastelic, At-Large Member National Indian Child Welfare Association Dear Administrator Carranza: Daniel J. Cardinali, President and CEO Independent Sector On behalf of the nonprofit sector, we want to thank you and all SBA employees around the country working overtime to help the nation in a time of unprecedented Nicole Anderson need. As you know, nonprofits are on the front line in this crisis. Even as this AT&T Foundation pandemic has shut down vast portions of our economy, our organizations continue Antony Chiang to meet a wide range of needs, from providing meals to families, to offering Dogwood Health Trust emergency childcare, to even identifying emergency financial support for those Jim Clark who’ve lost their jobs in recent weeks. Boys & Girls Club of America On April 6, acting as a voice for the nonprofit and philanthropic sector, Independent Marco A. Davis Sector authored an open letter to the U.S. banking industry, urging banks that are Congressional Hispanic Caucus Institute participating in the loan assistance Paycheck Protection Program (PPP), created in Jim Gibbons the CARES Act, to ensure nonprofits have equal access to these loans. There are Ron Kagan now more than 440 nonprofit and philanthropic organizations – large and small, and Detroit Zoological Society from all over the nation – that have signed that letter to the banking industry. Larry Kramer The William and Flora Hewlett Foundation Today, we write to you to ask for an additional piece of data on SBA loans, which we believe will help uncover solutions to ensure that critical organizations receive the Janine Lee financial support they need to continue helping on the front lines of COVID-19. For Southeastern Council of Foundations many nonprofits with limited banking relationships, this loan application process has Terry Mazany been challenging. There is also real concern that charities, particularly those that are Community Foundation for Greater Atlanta led by people of color or serve communities of color, may find themselves shut out of the process to secure financial resources that are critical to their very survival. Michael McAfee PolicyLink Our commitment is to make certain that this does not happen. As we said in our Diane Melley communication to the financial institutions, we stand ready to work in partnership The Philadelphia Foundation with government and private financial institutions to devise and deploy strategies Stacey D. Stewart that ensure all nonprofits that qualify for SBA 7(a) PPP loans are able to receive the March of Dimes resources needed to continue providing critical, life-sustaining services at this time. We look forward to working with policymakers to build upon and improve these Henry Timms lending provisions of the CARES Act in subsequent legislation. Lincoln Center David Williams The first step in understanding how to uncover solutions to significant challenges, Deloitte LLP we believe, is to understand the underlying data. The Honorable We absolutely understand, and support, that the first priority of the SBA right now John W. Gardner (1912-2002) Founding Chair must be to ensure successful implementation of the CARES Act provisions. Nonprofits and small businesses alike are counting on that. We do ask, however, Brian O'Connell (1930-2011) that a subsequent priority is a public and timely release of data detailing the Founding President and distribution of these SBA loans, specifically the breakdown between loan President Emeritus awards for nonprofit and for-profit entities. In addition to our vital role in serving the community, nonprofit and philanthropic organizations employ more than 10 independentsector.org 1620 L St. NW, Suite 900, Washington, DC 20036 | 202-467-6100 2 percent of the private workforce and rank as the third largest employer in the country compared to other industries. With objective data in hand we can then turn our attention to working in partnership with government and industry to build on successes or improve upon shortcomings. The data you collect is key to beginning that process. We trust you share our commitment to making certain that those whose mission it is to serve the most vulnerable across our nation have equitable access to these vital resources. Independent Sector stands ready as a partner and offers our unique insight into nonprofit and philanthropic needs, so that the SBA can help get loans to those most in need. Working together, we will get this right. Sincerely, Dan Cardinali President and CEO Independent Sector Co-signing Organizations 501 Commons Aspen institute's Nonprofit Data BluePath Service Dogs A Place Called Home Project BMP Consulting Academy Pittsburgh Association of Children's Museums BoardSource AchieveMission Atheist Alliance International Boys & Girls Clubs of Chicago Action for Healthy Kids Athletics & Beyond Bread of Heaven Nashville Advancing Community inClusion & Atlanta Fire Rescue Foundation Restoration Ministry Equality on the South Shore Audubon International Bridge the Gap Inc Advancing States Autistic Women and Nonbinary Bridgespan Group AFARI Network Brigadas De Amor Y Enlaces Inc After-School All-Stars Autoimmune Encephalitis Alliance, Burlesque Hall of Fame, Inc Alachua Conservation Trust Inc. Burnam | Gray LLC Alexandra M. Hunter Aviva Strategic Advising LLC Cameron Community Ministries Inc All Good Work Foundation B D T Housing Services Campbell Culture Coalition Alleghenies Unlimited Care b7 Properties Cape Fear Regional Theatre Providers Ballet Folklorico de Chicago Capital City Village Alliance for Strong Families and BALORICO Dance Capital Consulting Finance, LLC Communities Baraga County Community Cause Effective Amalgamated Bank Foundation Cause Strategy Partners, LLC American Association of Barber Shop CCS Fundraising Caregiving Youth Barrington Area Development Cedarmere Foundation American Autoimmune Related Council Center City Diseases Association Bayer Center for Nonprofit Center for Juvenile Management, American Indian Child Resource Management Inc Center Bender JCC of Greater Center for the Arts at Kayenta Americans for the Arts Washington Center for Volunteer & Nonprofit Arbor Brothers Big Brothers Big Sisters of Island Leadership Arch Advisory Group County Center Makor Arcora Foundation Big Brothers Big Sisters of Central Florida Foundation Arizona Resin Teaching Services Southwest Washington Central MN Arts Board Asian American Arts Alliance Blue Nose Creative independentsector.org 3 Chagrin Foundation for Arts & CSforALL Friends of the St. Clair River Culture Culture4MyKids Friends of the Terrain Therapy Charity Navigator Dad's Garage Garden Project Charlottesville Abundant Life Damion Gosa Memorial Full Moon Farm, Inc. Ministries Foundation Fundación Intellectus Cherished Miracles Learning Danspace Project, Inc. Fundacion Puertorriqueña Del Center, INC Defense Transport Incorporated Riñon, Inc Chicago Cares Diamond Enterprises Island Gurl Games for Change, Inc Chicago Community Trust Dat GenesisHOPE Chicago Foundation for Women Disaster Central Georgia Charitable Care Network ChickTech Dorothy A. Johnson Center for Georgia Division of Family and Child and Family Resources, Inc. Philanthropy Children Services Child Empowerment International Dunamis Community Organization Germantown Avenue Crisis ChildFund International Earth2 Ministry Children’s Funding Project East Bay Center for the Performing Glendale Arts Children’s Aid Arts GLOBAL ADVANCEMENT Christian Ministries East Harlem Block Nursery, Inc. ORGANIZATION Chuckanut Health Foundation Educational and Treatment Global Footprint Network Chugiak-Eagle River Senior Council, Inc. Global Youth for Education and Center EL Hogar del Nino Change CJ's Hair and Art Studio Enabling Nonprofits Grand Vision Foundation Clairvoyancy, LLC ENNA Foundation Grassroots Ecology Club Z! Tutoring Enrichment Works Greater Pittsburgh Arts Council Coalition for Clean Air EnventU Greater Tacoma Community Coastside Children's Programs Equal Hope Foundation College Bound Opportunities Esperanza Community Housing GreatNonprofits Collins Consulting Services, LLC Corporation Green’s Outreach Services Colors of Hope Eugene and Agnes E. Meyer Griffin Museum of Photography Common Impact Foundation GrubStreet Communication Mark Evanston Child Development Guardian Angels for Soldier's Pet Communities In Schools of Center Handweavers Guild of America, Memphis Excell Marshall Morris III INC Inc. Community Ant-Drug Coalitions of Faith in Action of the River Cities, Harold Hunter Foundation America Inc. Hawaii Community Foundation Community Caregivers of Greater Family Counseling Service of Healthy Places by Design Derry Northern Utah Heart to Honduras Community Crisis Center Family Promise of Greater Des Hearts With A Mission Community Foundation for Moines Helping Neighbors-in-Need Southwest Washington First Peoples Fund Outreach Center Community Partners Fiscal Management Associates Hill District Consensus Group Community Rebuilds (FMA) Hispanic Federation Community Rescue Corp Services FitnessAbility Inc Hmong American Partnership Complete College America Florida Impact to End Hunger Hollywood Police Activities League Congressional Hunger Center Florida Nonprofit Alliance Home of the
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