Nonprofits Hit From Every Angle By COVID-19

Nonprofits Hit From Every Angle By COVID-19

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The unique combination of an economic downfall along with restrictions and social distancing protocols the country is experiencing to slow the spread of COVID-19 is creating a snowball effect, devastating nonprofits according to National Council of Nonprofits Spokesperson Rick Cohen. 

“There are nonprofits that have a particular big fundraising event that they hold each year… and having to cancel those,” Cohen said. “And that means the loss of tens of thousands of dollars, which means laying off staff, it means cutting back on programs that help people in their communities. And for some, it might mean closing their doors.”

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The bill also allows nonprofits to take advantage of a number of small business loans as well as other loan programs to help keep their doors open. 

“These are huge victories for the nonprofit community,” Cohen said. “We know that nonprofits are going to need more and we're going to push forward in phase four, but what's in this bill really can be a lifeline for so many nonprofits."

For those looking for a way to help, consider donating to your local nonprofit of choice.

“Donate local is really the message right now because our communities really need these nonprofits doing the variety of work that they do every day,” Cohen said. 

Source Name: 
Georgia Public Broadcasting
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