Federal Government wants to provide funds for non-profits

According to plans by the federal government, non-profit organizations are to receive separate support as part of the economic stimulus package. This emerges from a joint key point paper from the ministries in charge of finance, economy, work, family, and home affairs. “The non-profit sector in Germany plays an eminently important role in society as a whole. The selfless promotion of the general public in material, intellectual and ethical fields supports social cohesion in a fundamental way,” several newspapers quote the paper.

Non-profit organizations are oftentimes as affected by the Corona crisis as commercial companies. One billion Euros are to be made available through global loans from the state-owned KfW bank. The choice of non-profit organizations should be left to the Federal States.

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