Some Nonprofits Will Close, Not Enough Reserves: National Philanthropic Trust CEO

The video discusses the challenges faced by charities during the COVID-19 pandemic, highlighting financial strains, donor behavior, and the impact on arts organizations. It emphasizes the need for structural changes and future preparedness, considering government debt and increased reliance on private philanthropy. Recommendations include supporting charities through community foundations and loan funds.

What challenges are small nonprofits facing during the COVID-19 pandemic?

How do donors' preferences affect the financial stability of charities?

What advice is given to arts charities that are struggling with fundraising?

What structural changes are suggested for charities post-pandemic?

What role do unrestricted funds play in the sustainability of charities?

In what ways has the pandemic affected the giving patterns of individuals?

How can community foundations assist in charitable giving?