The National Council of Nonprofits, an organization in Washington representing state nonprofit associations, has issued two reports on how the economic-stimulus package that President Obama signed into law last week will affect charities.

One summarizes the major spending and tax-cut provisions in the $787-billion
American Recovery and Reinvestment Act and identifies potential grant opportunities for charities.

The second offers tips for groups that are considering applying for stimulus money. Among them: “Get Ready Now,” “Stress the Official Purpose,” “Read the Entire Act,” and “Just Because Grant Money Exists Doesn’t Mean You Should Ask for Some.”