Covid-19 exposes American philanthropy’s strengths and weaknesses

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Covid-19 exposes American philanthropy’s strengths and weaknesses
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  • 📰 TheEconomist
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Donations to immediate coronavirus relief efforts can make a huge difference, but will do nothing to tackle the structural problems the virus has exposed

THE CORONAVIRUS has thrown many of the ills of American society into sharp relief: slow decision-making, inequality and a safety-net full of holes. A superpower that should have been well prepared to fight the pandemic is floundering instead. Yet the virus has also shown how far Americans will go to help one another. The country’s philanthropic sector, the biggest in the world, has leapt into action.

To fight the pandemic and its knock-on effects, organisations that bridge the gap between big donors and hyper-local efforts have become increasingly important. They include community foundations, which largely pre-date the virus, and new emergency rapid-response funds set up by some of the hardest-hit cities like Seattle, New York and Washington, DC.

The NCRP and the Centre for Effective Philanthropy, a similar outfit, are urging private foundations to take measures now to maintain their funding levels—even if the covid-induced downturn is even deeper and longer than feared. There are three ways, the groups say, to help non-profit groups through the crisis.

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