As the Covid-19 crisis enters its sixth month, the U.S. economic outlook has darkened: giving to charities has slowed, and some groups are experiencing existential crises. The sheer scale of the crisis has put grant makers in triage mode, trying to determine which urgent needs most warrant support. Foundations must make hard choices quickly, which adds more pressure.
To help foundation leaders, program officers, and other decision makers, the Open Road Alliance has created a new resource entitled Emergency Funding: a Quick Start Guide. The Open Road Alliance specializes in making grants and low-interest loans to nonprofits that encounter unexpected roadblocks that jeopardize projects, programs, or goals. The organization also works to to help nonprofits better plan for and manage risk.