As charities face an existential threat to their existence, F&P looks at what the sector is doing to get through the pandemic.[caption id="attachment_373816" align="alignnone" width="1240"] “We’re seeing really interesting, agile and thoughtful and creative responses from not-for-profit organisations and charities across the county to COVID-19."[/caption]
As many as 300,00 of the 1.3 million people who are employed by charities could find themselves unemployed. These sobering stats were delivered by Rev Tim Costello upon the launch of the Charities Crisis Cabinet.
In a subsequent Zoom meeting of sector leaders, Costello acknowledged that in six months some of the leaders’ charities would no longer exist.
The former chief executive of World Vision Australia was speaking in his capacity as the co-chair of the Charities Crisis Cabinet, initiated by the Community Council of Australia (CCA).
He is not alone in such a dire prognosis. In an audio message, David Knowles, Partner and Head of Philanthropy & Social Capital at Koda Capital, says this about COVID-19 and the charities sector:
“What is almost certain is that this has created an almost perfect storm for charities and fundraisers, and it now…