Read the article on Chronicle of Philanthropy
Many Nonprofits Made it Through the Pandemic
Lance Grandahl
According to the Chronicle of Philanthropy, many nonprofits weathered the pandemic thanks to their strong foundation and federal funds.
This week brings very good news about the pandemic’s impact: The collapse of tens of thousands of nonprofits that experts forecast didn’t materialize, all signs suggest. It turns out that the mix of federal aid and strong foundation spending helped organizations avert the worst-case scenario.
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