Nonprofits Survived 2020 — What’s Next?
by: Alan Stein
While the COVID-19 pandemic has certainly created economic challenges across many industry sectors, there are parts of the nonprofit arena that survived and even fared well in 2020.
For example, 34.8 million people on #GivingTuesday donated a record-breaking $2.47 billion to U.S. nonprofits. Of course, not all nonprofits performed optimally in 2020, which points to the need to develop strategies for both survival and capitalizing on unexpected success from last year.
While there could be a light at the end of the tunnel with the vaccine distribution efforts and cases declining overall, there are still plenty of potential issues around the new virus strains.