6 Steps for Grant Makers to Take Now to Ensure Nonprofits Recover From Coronavirus Spread
While we do not know how bad [COVID-19] will be, we have the advantage we lacked in 2001 of being able to plan in advance. Now is the time for grantmakers to act quickly and collaboratively to respond to this fast-growing crisis.
Organizations like Tacoma Community House and leaders like Lauren are the fabric our social safety net is woven from and will be essential parts of how we get through this public health crisis. But they operate in a flawed funding system that does not cover the full cost of services and places crippling restrictions on how they can use the funding they receive. As a result, too many lack adequate financial reserves or the flexibility to navigate the disruption that this health crisis could bring.
Source: The Chronicle of Philanthropy