In its third COVID-19 survey conducted from May 28 to June 3, Charities Aid Foundation (CAF) of America captured the voice of 414 organizations that are fighting unprecedented challenges to remain resilient as the coronavirus global pandemic crisis ravages the philanthropic sector. The respondent charitable organizations’ work spans 125 countries and approximately 30% of the survey respondents are organizations that have not participated in the previous two surveys. Key Findings include:
- 1 in 3 responding organizations foresee that they will be forced to close down within the next 12-month period.
- 16.27% of the surveyed organizations did not receive any funding in the last month and many are struggling to manage increased need for their services while seeing a significant decrease in the size of the grants provided by long-term donors.
- Close to 50% of the respondents were allowed grant extensions on current projects and over 39% were able to redirect funds to other projects.