Robin Ferriby, a CMF member and senior counsel at Clark Hill, PLC, explains the implications of payments made to individuals by employers and philanthropic organizations following the declaration of COVID-19 as a national emergency. Plus: Additional considerations shared by Jennifer Oertel, a CMF member, shareholder with Bodman PLC and CMF’s Impact Investing Expert in Residence.

The U.S. has been under a state of emergency since March 13 due to the COVID-19 pandemic. The declaration enacted by the president unlocks federal resources to combat the virus under the Robert T. Stafford Disaster