Colorado nonprofits struggle to stay afloat as pandemic captures funders’ attention, dollars

Colorado nonprofits struggle to stay afloat as pandemic captures funders’ attention, dollars

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The picture of the economic toll on Colorado’s nonprofits should become more clear as the year goes on, said Renny Fagan, president and CEO of the Colorado Nonprofit Association. Nonprofits are experiencing the same problems other businesses are, he added. If they provided in-person services and couldn’t shift to online, such as arts and theater programs, they’re losing money.

Organizations that rely on big events to boost their income have had to cancel or postpone them or try to go virtual. Those that depend on volunteers might be short handed as people have stayed home to avoid exposure to the virus.

COVID-19 relief funds generally went to organizations serving people immediately affected by the pandemic, Fagan said. “Now, those funds and communities are turning toward, ‘Well, what about the other nonprofits that are still very important to the fabric of our community’s life.’”

Source Name: 
Greeley Tribune
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