Event

Demystifying PPP Loans & Stimulus Funding for Nonprofits

04/22/21
1:00 pm - 2:30 pm

Have you felt hesitant to apply for PPP loans or other COVID-19 related stimulus programs due to their complexity, or because of unfavorable experiences during the first PPP round? You’re not the only one!

Join us for a candid conversation where our panel will demystify the process of applying for PPP loans and other stimulus programs available to nonprofits. Learn about how and why these programs could be strategic opportunities for your organization. You’ll also hear from nonprofit leaders of various sizes or sub-sectors who have successfully applied for and received PPP loans, and from lenders currently accepting nonprofit applications.

Speakers include:

Allandra Bulger, Executive Director, Co.act Detroit

Allandra Bulger is a forward-thinking creative and servant leader with experience in nonprofit leadership, organizational development, project management, program design and implementation, and community and economic development. As the inaugural executive director of Co.act Detroit, she is leading the development of a resource hub where Southeast Michigan’s nonprofit and philanthropic community connect and access the knowledge, skills and resources needed to collaborate, innovate and amplify impact.

Prior to joining Co.act, Allandra served as deputy director of Detroit Future City, where she managed the organization’s strategic priorities, internal operations and fiscal affairs while providing key leadership in strategic planning, management and connecting organization mission, vision, values, and programmatic priorities. She has also worked as a consultant at DEXDesign Associates, where she specialized in developing and delivering capacity building technical assistance to community based nonprofit organizations and small businesses, and she managed the Title IV-E Funding Program of the Wayne County Juvenile Assessment Center.

Donna Murray-Brown, President and CEO, Michigan Nonprofit Association

Donna Murray-Brown is the president and CEO of Michigan Nonprofit Association (MNA), a charitable organization dedicated to nonprofits and the communities they serve by promoting antiracism and social justice. MNA, a statewide membership organization, achieves its mission through advocacy, training, technology services and civic engagement. Murray-Brown is the driving force behind MNA’s strategic direction and operations.

Before becoming president and CEO in 2013, Murray-Brown served as director of the Metro Detroit Partnership Office and senior director of capacity building at MNA where she led a successful strategic alliance program for arts and culture organizations in metro Detroit and steered the merger negotiations of four organizations to create the Belle Isle Park Conservancy. Additionally, Murray-Brown has served over 20-years in various senior management roles in the banking industry, including vice president and Community Reinvestment Act (CRA) director for Charter One Bank, where she developed and executive CRA strategy.

Christine Coady Narayanan, President and CEO, Opportunity Resource Fund

Christine Coady Narayanan is the President/CEO of Opportunity Resource Fund, a U.S. Treasury certified community development financial institution offering social impact investment opportunities for individuals and corporations throughout Michigan. OppFund in turn provides small business loans, funds affordable housing development, issues single family mortgages and is licensed and regulated as such by the Michigan Department of Finance and Insurance Regulation.

Ms. Narayanan joined OppFund’s team in 1989 and has more than 35 years of experience with nonprofit corporations and in the public sector. She is a former elected official and currently serves on a number of boards and commissions. Ms. Narayanan was appointed to the Board of the Federal Home Loan Bank of Indianapolis as a public interest director in 2008 and continues this service; she currently and chairs the Succession Planning Committee of the Board.  She holds a B.A. in management and organizational development from Spring Arbor University, is a graduate of the National Internship in Community Economic Development and Michigan Municipal League’s Elected Officials Academy, and has completed certification through the Indiana University Center of Philanthropy.

Rhonda Fields, Executive Director, Girls on the Run of Southeastern Michigan

Rhonda Fields is a seasoned advocate in the field of non-profit and educational social services with the ability to be empathetic, strong minded and the ability to work with diverse populations. In her role as the Executive Director of GOTR of Southeastern Michigan, she ensures the success of a proven physical activity-positive youth development program that encourages girls to make connections and develop their character. The program also supports girls in learning how to care for themselves and others, instilling confidence and competence and offering opportunities to make a positive contribution to our community. Founded in 2001, Girls on the Run of Southeastern Michigan serves Washtenaw, Livingston, Monroe, Lenawee and Jackson Counties. Prior to joining GOTR of Southeastern Michigan, she served as a Clinical Social Worker at the University of Michigan Health System.

 

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