Insights

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Many private foundations have increased and expedited their grant-making efforts as a result of the economic impact of the COVID-19 pandemic.

Private clubs, like most businesses, are still being affected by government-related restrictions and shutdowns, and some private clubs, such as tax exempt 501(c)(7) clubs, are not able to take advantage of certain CARES Act relief provisions such as the Paycheck Protection Program (PPP) loans.