These are truly historic times. The United States – along with the rest of the world – is in the grips of a pandemic that most of us could never imagine, even in our worst nightmares. At the time of this writing, the deaths within our borders alone are running into tens of thousands, and the global number of cases is now being counted in millions. Most of the country is under some sort of stay-at-home mandate, our economy has basically sputtered to a crawl, and our stock markets appear to be in a continual free-fall. These are desperate times, when everyday Americans are fearful for their lives, and for the safety and well-being of their loved ones. Beyond those immediate concerns, folks are worried about their jobs and the sudden declines in the values of their retirement accounts. How can we presume that donors will think about planned gifts – or charitable gifts of any kind – at a time like this?
The Coronavirus Aid, Relief, and Economic Security Act, or CARES Act, which the President signed into law on March 27th, provides more than $2 trillion in relief touching nearly every corner of the U.S. economy: large and small businesses, health care providers, non-profits, individual citizens, and on and on. Included in its 880 pages are several provisions of particular interest to gift planners and to fundraisers generally. Let’s go through them. I’ll start with the most dramatic change.
In our ongoing efforts to ensure the highest level of customer data protection in our GiftWrap application, PG Calc has completed the steps necessary to become compliant with the European Union General Data Protection Regulation (GDPR). The GDPR is a regulation in EU law on data protection and privacy in the European Union and the European Economic Area. It also addresses the transfer of personal data outside the EU and EEA areas. GDPR also addresses the protection of users with regard to the processing of personal data and on the free movement of such data.
To our Clients, Prospective Clients, and Friends of PG Calc,
Updated April 6, 2020 The novel coronavirus, or COVID-19, is spreading like wildfire around the globe, unsettling the stock market and causing operational disruptions to industries of every description. High schools and colleges are sending students home for the remainder of the term. Social distancing and self-quarantine are being applied by health officials. Millions of Americans are living in uncertainty and fear of what will come next. So… Is now a good time to send that next direct mail postcard on CGAs or QCDs? Yes!