The effects of the COVID-19 pandemic are expected to be far-reaching. Philanthropy has a critical role to play beyond the immediate, urgent needs. Here’s what our team is paying attention to so we can help you understand what’s next for how you can help.
The world does not yet know the full impact of the COVID-19 pandemic and its related social and economic disruption. However, we do know that with vaccine development predicted to take 18 months and the economic recovery uncertain, there will be demand for philanthropic support beyond addressing urgent, immediate needs. Over the next several weeks, our team will continue to monitor developments in the following areas, working to understand how philanthropy can best help.
- Medical and technological advances such as improved diagnostics, drugs, and new therapeutics using telemedicine
- An anticipated “second curve” of mental health, addiction, domestic violence, and related challenges based on the experience of past infectious disease outbreaks (For more about how to fund mental health, refer to Health in Mind: A Philanthropic Guide for Mental Health and Addiction.)
- Education disruption across all phases, from early childhood through post-secondary, which will require collaboration and support from philanthropy
- The continued effect on people’s livelihoods and local and regional economies
- The sweeping impact on the nonprofit sector overall, including organizations that weren’t discussed in this initial guidance but nevertheless contribute to the strength of our communities and society, such as arts, cultural, environmental, and other civil society organizations.
This guidance is based on the best information available as of April 15, 2020. We will continue to monitor developments and update this guidance as we learn more. We are still in the fast-moving first stage of this crisis, and recovery will take a long time. The economic and mental health effects will be long term, and relief efforts will be needed in stages.
To be notified of updates, sign up for CHIP’s email list. Our understanding of how donors can help is informed by the collective wisdom of organizations and colleagues locally and around the globe. To join those discussions, follow us on social media via the links at the bottom of this page.