Foundations Respond to Crisis: A Three-Part Series

Source(s): 
Center for Effective Philanthropy

In early spring of 2020, as the COVID-19 pandemic worsened, foundations in the U.S. began to respond by shifting resources and practices. Some funders, nonprofits, and others in the field called for fundamental changes in how funders approach their work — including upping the provision of long-term, flexible funding; shifting the funder–grantee power dynamic; placing greater trust in nonprofits; and increasing foundation payout.

The pandemic has exacerbated long-standing structural inequities — especially in Black, Latino, Native American, low-income and working-class communities, and for people with disabilities. As such, foundations have also been called on to invest in communities hit hardest by the pandemic, and to integrate racial equity more comprehensively into their work.

Given these calls, what’s actually changing in foundations’ practices? And what does this mean for the future?