As the pandemic spreads and economic uncertainty looms, many nonprofits are struggling to stay afloat. Here’s a collection of resources that report on the impact of the crisis on nonprofits and offer guidance on how to access emergency aid and address financial challenges.
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NewsHow Nonprofits Are Dealing With Money, Staff, and Board Issues During the Pandemic
Organizations are turning to loans and lines of credit, trying to avoid layoffs, and coming up with strategies to ride out tough times. -
Finance and Revenue
How One Social-Justice Organization Diversified Its Revenue
When its views clashed with those held by grant makers, leaders focused on fundraising events, individual giving, and more to keep growing. -
Technology
Nonprofit Tech Firm Offers Covid Impact Tracker to Boost Giving and Volunteering
The data is gathered directly from local nonprofits, which enter information about canceled fundraising events and program-revenue disruptions. -
Opinion
8 Steps Nonprofits Should Take Now to Survive the Pandemic Fallout (Opinion)
Resist magical thinking, consider hiring interim “restructuring” executives to help overwhelmed leaders, and get ready to make a lot of tough decisions as a new study finds that more than half of nonprofits think the worst is yet to come. -
Tool Kit
Chronicle Advice on How to Respond to Covid-19
Chronicle resources to help your nonprofit adapt its policies and operations, keep donors close despite social distancing, and continue serving the community during difficult times. -
Tips and Tools
Nonprofit Crisis Management: A Checklist
Steps to take to assess your organization’s strengths and weaknesses and strategies to adopt to help it weather this or any crisis. -
Finance and Revenue
Nonprofit Finances Hit on Several Fronts
Sixty percent said they are experiencing “destabilizing conditions that threaten long-term financial stability.” -
Management and Leadership
Facing Financial Stress, Nonprofits Lay Off Workers
Experts say there are less severe alternatives to consider when cutting personnel costs, but if groups need to let people go, they should be smart about the choices they make. -
Finance and Revenue
Small Nonprofits Struggle to Get Payroll Loans in New Federal Program
Complaints included overwhelmed bank websites, confusing or restrictive eligibility criteria, and a persistent fear the program will leave small nonprofits high and dry in the rush for funds. -
Podcast
Independent Sector CEO on How the Stimulus Package Can Benefit Nonprofits (Podcast)
Dan Cardinali says that nonprofits with 500 or fewer employees will have access to the Small Business Association loan program, which provides loans that are forgivable. -
Finance and Revenue
How Nonprofits Can Apply for Loans and Other Emergency Benefits
Get your paperwork together now and move fast, experts say, to access the multiple new federal programs that can provide financial support. -
Foundation Giving
Grant Maker Dilemma: Spend More Now or Protect Shrinking Endowments?
Some are ramping up spending when nonprofits need it most, but others are keeping a watchful eye on their ability to continue spending in the future. -
Management and Leadership
The Crisis Exposes Lack of Investment in Nonprofit Capacity and People
The coronavirus pandemic, and the social and economic damage it leaves in its wake, is laying bare the nonprofit world’s lack of investment in organizations’ operations and their people. -
Money Matters
Financing During a Pandemic: How to Adapt to a Crisis
How to know whether a loan, line of credit, emergency grant, or other financial options make the most sense. -
Opinion
Coronavirus: 6 Steps for Grant Makers to Take Now to Ensure Nonprofits Recover (Opinion)
Lack of flexible funds and reserves will cripple many nonprofits; grant makers can help by loosening reporting rules and restrictions and maintaining grant levels even as the stock-market swoon hurts their endowments.
