Foundations: Use Your Balance Sheet to Help!
If foundations cannot step up to fulfill their mission in times of crisis, who else will save the social sector?
During this massive economic upheaval caused by the COVID-19 pandemic, much attention has been focused on businesses, financial markets, and the economy, but the impact on our nonprofit sector will be worse. What can be done to avert the double whammy of a crisis of need at the same time as a drop in contributions?
One often-overlooked resource is the collateral in foundation endowments.
FSG is a mission-driven consulting firm supporting leaders in creating large-scale, lasting social change. Through customized consulting services, innovative thought leadership, and support for learning communities, we help foundations, businesses, nonprofits, and governments around the world accelerate progress by reimagining social change. Learn more at www.fsg.org.