Surviving the COVID-19 crisis A nonprofit action plan - Crawford Ellenbogen

The COVID-19 crisis presents an immediate threat to most not-for-profits. To help ensure your organization’s survival, your leaders need to act now. Start by determining your cash position. How long is it likely to sustain operations without new funds coming in? Which revenue sources are dependable and which ones are likely to dry up? To bolster funds, consider applying for a Paycheck Protection Program loan and check with community foundations with special COVID-19 funds. Also, many private foundations have relaxed grant requirements and may be willing to increase financial support. Contact us for more revenue ideas.