03/20/2020

ASAE Requests Aid for Associations Impacted by COVID-19

Your organization - if impacted - should contact Congress, too

On March 18, 2020, the American Society of Association Executives (ASAE) delivered a letter to congressional leaders requesting emergency financial support for associations and other nonprofit groups experiencing significant revenue losses from event cancellations as a result of the COVID-19 pandemic.

Congress is currently working on a $1 trillion economic stimulus package to blunt the financial fallout from the coronavirus. While the airlines and other industries have obviously felt the impact of Americans sheltering at home, associations and other sponsors of in-person events are also projecting huge revenue losses from canceled meetings, conventions, and tradeshows. In its letter, ASAE asked Congress for $25 billion in immediate relief for associations and nonprofits so that they can continue to fulfill their missions.

“It is not news that associations and nonprofits are suffering major financial harm due to the unprecedented coronavirus (COVID-19) outbreak. Without swift action, harm will be irreparable, and many associations and nonprofits will shutter permanently and be unable to provide essential services to members during this time of immense tribulation,” ASAE President and CEO Susan Robertson, CAE, said in the letter.

Please select this link to read the complete article from Associations Now.