One Year Later
Unraveling: Nonprofits, COVID-19 and the Fabric of BC Communities
One year later, the charitable sector continues to reel from the impacts of the COVID-19 pandemic that has affected many of the vital services and programs we rely on every day. The recent report “Unraveling: Nonprofits, COVID-19 and the Fabric of BC Communities” paints a picture of how many charitable organizations have managed to pivot services and keep their doors open, but also points to alarming warning signs in the days ahead.
Another important takeaway from the report is the importance and urgency for Trust-Based Philanthropy. Trust-Based Philanthropy is a granting model used by Victoria Foundation to provide organizations with core and discretionary funding so they can build a strong foundation from which to sustain, pivot, innovate, adapt, and start-up their work.
At this critical time, when charities across BC are digging deep and maximizing their capacity to be resilient – trusting that they know what they need and helping them access undesignated funding to do it is one of the best ways we can work together to strengthen their important work.