In its fourth COVID-19 survey, conducted from June 25 to July 10, CAF America, in partnership with CyberGrants and The Association of Corporate Citizenship Professionals (ACCP), captured the voices of 73 corporations and corporate foundations that shared the impact of the pandemic on their philanthropic giving.
Since March, when the pandemic was first acknowledged as a global crisis, CAF America published a series of monthly reports to tell the story of the unfolding trends and the challenges of charitable organizations facing COVID-19 worldwide. Aggregating survey responses from over 1,700 organizations, a bleak picture has come into focus— the majority are negatively impacted by the pandemic and when asked about their ability to persevere, one-third of the respondents shared they are likely to be "forced to close down in the next 12 months if the situation remains unchanged." With such dramatic and widespread implications for the nonprofit sector, the corporate donor perspective is of critical value to inform the global response.
We are at an inflection point. This report provides insight into corporate philanthropic efforts since the pandemic began. The experiences of the past few months enable donors to consider how actions taken to support the resilience of communities in need have fared, and how this knowledge can help the global community navigate the best path forward.