Without Safety Net, Nonprofits Go Above and Beyond in COVID-19 Response

On March 27, the height of the pandemic crisis in New York City, NFF launched the NYC COVID-19 Response & Impact Fund, designed to support NY human services and arts organizations with emergency, interest-free loans. As managers of the lending process, we reviewed hundreds of applications from nonprofits large and small, giving us a unique window into the state of the &hellip

Reflections on Full Cost from Voices in Contemporary Art

Guest blogger Lauren Shadford is executive director of Voices in Contemporary Art. In 2017, our small nonprofit Voices in Contemporary Art (VoCA) faced some serious growing pains. On the surface, there was much to celebrate: we had received transformative financial support from The Andrew W. Mellon Foundation and the good fortune of participating in the Foundation’s Comprehensive Organizational Health Initiative (COHI). Emboldened by our hard work and good fortune, &hellip

How Foundations Can Help Grantees Respond to COVID-19

Claire Knowlton recently participated in a conversation with a group of foundation leaders to discuss what nonprofit leaders need right now to weather the COVID-19 crisis on top of other crises that communities already face. The following are reflections and recommendations for what foundations can do differently to anchor their grantees and strengthen the social &hellip

Recovery Funds: Five Lessons from the PPP

The Paycheck Protection Program (PPP) was a lifeline for many businesses and nonprofits struggling with the economic devastation of the COVID-19 pandemic. The federal government moved funds to nonprofits and small businesses in record time to respond to mandated shutdowns. While PPP funds helped keep some organizations afloat, its implementation was marred by several failures &hellip