Our work is grounded in data and information gathered from reliable, global resources. As we all begin to plan for an uncertain future resulting from COVID-19, our research team is curating articles from experts in industries influencing the philanthropic sector and beyond. Please check back regularly for this content, and don’t hesitate to reach out to us at kr@grenzglier.com if we can be of further assistance.

Additionally, our consultants are offering their expertise through our thought leadership and webinar series, “Fundraising in a Public Health Crisis.”  Together, we can manage this precarious time with informed thinking. We welcome you to the conversation.

News, forecasts and insights

News

A Record 6.6 Million Applied for Unemployment in U.S. Last Week – (The Washington Post, April 2, 2020) Account required

Figure is a stunning sign of an economic collapse triggered by coronavirus.

US Representatives Introduce Bill to Provide $60B in Emergency Relief to Nonprofits – (NonProfit Pro, April 1, 2020)

Under CARES Act many nonprofit organizations were eligible to receive a portion of the $350 billion reserved for small business loans, known as the Paycheck Protection Program. But it comes with a caveat: Organizations that have over 500 employees would not be eligible to receive any emergency funding from this bill.

How to Adapt Your Nonprofit’s Sick-Leave Policy During COVID-19 – (The Chronicle of Philanthropy, March 31, 2020)

Many nonprofit leaders are wondering how to adapt their organization’s sick-leave policy to support employees and keep the organization running as smoothly as possible during the coronavirus outbreak. However, experts stress that no human-resource playbook exists for this unprecedented crisis.

Growing Number of States Say They Are Closing Schools for Rest of 2019-2020 Year – (The Washington Post, March 31, 2020) Account Required

With infectious-disease experts saying that the spread of the disease will become worse, it is likely that many states will keep students at home, doing distance learning for the rest of the school year.

Museums Scramble to Document the Pandemic, Even as it Unfolds – (The New York Times, March 31, 2020) Account Required

With photographs, field interviews and mass surveys, institutions are trying to preserve information about everyday life during the crisis for future study.

As Liberty University Reports First COVID-19 Case, Students and Parents Grapple With Conflicting Information – (The Chronicle of Higher Education, March 30, 2020)

In a statement released late Sunday, Liberty officials sharply disputed The New York Times’s account, calling it “fake news” that gave a distorted view of what was actually happening on campus. The university broke down the numbers on its website.

Coronavirus May Add Billions to the Nation’s Health Care Bill – (The New York Times, March 30, 2020)

China Created a Fail-Safe System to Track Contagions. It Failed – (The New York Times, March 30, 2020)

China Gets Back to Work While U.S. Extends Coronavirus Shutdowns – (The Wall Street Journal, March 30, 2020)

Coronavirus Slowdown in Seattle Suggests Restrictions Are Working – (The New York Times, March 30, 2020)

President Trump extends social distancing guidance until end of April – (The Washington Post, March 29, 2020)

How widespread is coronavirus in New York? We need to know – (VOX CERP Policy Portal, March 29, 2020)

Applications Open for $75 Million in NYC COVID Relief – (The Nonprofit Times, March 27, 2020)

Applications are now open for loans as part of the $75-million NYC COVID-19 Response & Impact Fund, hosted by New York Community Trust and administered by the Nonprofit Finance Fund (NFF).

A record 3.3 million Americans filed for unemployment benefits as the coronavirus slams economy – (The Washington Post, March 26, 2020) Account Required

Last week saw the biggest jump in new jobless claims in history, surpassing the record of 695,000 set in 1982.

Big Givers to Chicago’s Nonprofits: We’re Still Here for You – (Crain’s Chicago Business, March 26, 2020)

In a joint letter, the heads of more than 30 local foundations pledge to maintain support for local philanthropic organizations during the COVID-19 crisis.

In a Moment of Crisis, Philanthropy is Showing its Unique Value – (Inside Philanthropy, March 26, 2020) Account Required

While the crisis continues to lay bare problematic systems and layers of social injustice, it also shines a spotlight on the value and courage of philanthropy.

3 ways we can (and must) help small nonprofits now – (The Chronicle of Philanthropy, March 26, 2020)

Well, my friends, the helpers need our help.

U of T launches action fund to support high-impact research in battle against COVID-19 – (University of Toronto, March 25, 2020)

Are You Leading Through the Crisis … or Managing the Response? – (Harvard Business Review, March 25, 2020) Account Required

The coronavirus crisis, like every crisis, is unfolding over an arc of time with a beginning, middle, and end. It is useful to think what distinguishes what wasis, and will be.

Congress is poised to pass a coronavirus stimulus deal. Here’s what’s in it for higher ed – (The Chronicle of Higher Education, March 25, 2020)

Congress is poised to give colleges and students whose semesters were upended by the coronavirus pandemic more than $14 billion in emergency relief, according to the text of a spending deal struck on Tuesday night by the White House and the U.S. Senate.

5 Key Things in the $2 Trillion Coronavirus Stimulus Package – (The New York Times, March 25, 2020) (Account Required)

The largest economic stimulus measure in modern history would authorize direct payments to taxpayers and loans to small businesses, and create a $500 billion corporate bailout fund.

Coronavirus Upends College Giving Days as Institutions Pivot to Raise Money for Students’ Basic Needs – (The Chronicle of Philanthropy, March 25, 2020)

Over the last decade, giving days have become a popular means for charities to recruit new donors. For colleges and universities hoping to engage students and young alumni in lifetime giving, these fundraising drives can be especially valuable.

Nonprofits Included In COVID-19 Tax Bill – (The NonProfit Times, March 19, 2020)

Nonprofits are included in a payroll income tax credit as part of federal legislation that will provide emergency paid sick leave, more funding for food assistance and unemployment benefits, and coronavirus testing.

Canada Rolls Out Fiscal Boost and Tax Deferrals for Coronavirus Relief – (The Wall Street Journal, March 18, 2020) Account Required

The measures amount to nearly 4% of GDP and would be targeted at people unable to earn income

Nonprofits seek $60 billion federal aid package – (The Chronicle of Philanthropy, March 18, 2020)

Nonprofits are seeking $60 billion in assistance from the federal government to help them respond to special needs and offset the loss of income that many are suffering.

Rules Eased on Colleges Seeking to Close Their Campuses Amid Outbreak – (The New York Times, March 10, 2020)

The Education Department is offering colleges and universities flexibility on higher education rules as campus closures have begun to cascade.

 

Forecasts

GivingTuesday Launches Giving Day Supporting Pandemic Response – (The Chronicle of Philanthropy, April 1, 2020)

In response to the unprecedented need caused by Covid-19, GivingTuesday announced what it described as a day of giving, generosity, and unity set to take place May 5.

Coronavirus Has Choked Off Revenues for Private Colleges. How Much Cash Do They Have on Hand? – (The Chronicle of Higher Education, April 1, 2020) Account Required

Some name-brand private institutions — think Ivy League colleges with hulking endowments — have more than enough cash to make payroll or issue room-and-board refunds. But institutions with shallower pockets will have to establish or draw upon credit lines to keep the lights on.

Preparing for a Fall Without In-Person Classes – (Inside Higher Ed, April 1, 2020)

If campuses are still off-limits to students come September, this spring’s version of remote learning won’t suffice. Some colleges are preparing (quietly) to deliver better online learning at scale if needed.

If the Coronavirus Collapses State Budgets, What Will Happen to Public Colleges? – (The Chronicle of Higher Education, March 26, 2020) Account Required

Across the country, leaders of regional public universities told The Chronicle that they’re bracing for cuts in their next year’s state appropriations, although the situation also remains remarkably uncertain.

Worries About Coronavirus Surge, as Most Americans Expect a Recession-or Worse – (Pew Research Center, March 26, 2020)

Americans are increasingly alarmed by the rapid spread of the new coronavirus, with sharply growing majorities saying the outbreak poses a major threat to the health of the U.S. population and the nation’s economy.

Powell says economy may be in recession, virus will dictate timetable – (The Wall Street Journal, March 26, 2020) Account Required

Chairman says the Fed’s job is to make sure businesses of all sizes have a bridge of support so the economy can recover faster

What We Have Learned From Crises and Can Use in Coronavirus Age – (The Chronicle of Philanthropy March 17, 2020)

The Chronicle asked Laura MacDonald, vice chair of the Giving USA Foundation, which publishes the annual “Giving USA” report on fundraising trends, about what fundraisers can learn from past crises — like the 2001 terrorism attack, the Great Recession, the dot-com crash, and even the Bernie Madoff Ponzi scheme scandal.

Insights

Emergency Funds are Multiplying. Will They Last as Long as the Outbreak? – (Inside Philanthropy, March 19, 2020, requires subscription)

A rare piece of good news after a call to action to ensure the continued operation of nonprofits serving the most vulnerable members of society: Less than a week after the first few COVID-19 response funds were announced, the total number is more than 100 and rising, according to industry tracking sources.

HBR: 5 steps to mastering internal & external crisis communications – (Becker’s Healthcare, March 19, 2020)

When facing a rapidly growing and changing global crisis like the coronavirus pandemic, an organization’s first instinct may be to batten down the hatches and go silent while riding out the uncertainty.

Grantmakers Must Put Equity at the Forefront of the Coronavirus Response – (The Chronicle of Philanthropy, March 19, 2020)

Dispelling the racist misinformation, providing general operating grants, and supporting funds that help those who lack sick leave and have been laid off are among the actions that will ensure the neediest are protected, says a coalition of organizations that connect foundations.

CEO Corner: Talking to Your Donors about COVID-19 (AHP Connect, March 17, 2020)

While it may feel like an inappropriate time to ask your communities for help, in reality, your organizations have never been in greater need, and your donors’ dollars will do more for our communities than ever before.

Experts Urge Charities to Communicate Their Needs Clearly to Their Donors – (The Chronicle of Philanthropy, March 17, 2020)
As the coronavirus quickly spreads across the country, many donors are unsure how to step in and help.

Philanthropy Has a Duty to Respond Quickly to the COVID-19 Outbreak. Here’s How We Can Do It. – (Inside Philanthropy March 16, 2020, subscription required)

A foundation president argues that the virus has exposed the failure of funders to think holistically about grantees’ financial needs as functioning organizations and employers—and offers recommendations for what needs to happen now.

How to Lead in a Crisis – (The Chronicle of Higher Education, March 16, 2020, subscription required)

Scott Cowen offers disaster advice from his time as president of Tulane University during Hurricane Katrina.