As you read this whitepaper, grant seeking entities are responding to a global coronavirus pandemic with no clear end in sight. Earlier this year, Candid and the Center for Disaster Philanthropy (CDP) published Philanthropy and COVID-19: Measuring one year of giving. Key findings from the report included:
- Candid tracked some $20.2 billion in funding from corporations, foundations, public charities, and high-net-worth individuals in 2020.
- Corporations accounted for 44 percent of the $20.2 billion that was awarded in 2020.
- Community foundations awarded more grants than any other grant-maker type, accounting for 54 percent of total awards.
The destabilizing impact of COVID-19 has fueled a rise in the digital divide (e.g. half of the planet doesn’t have access to the internet) and historical inequalities that have placed a heavy burden on good governance and have forced the world to flatten in its response to address a shrinking safety net, injustices and barriers to health systems, education and online services globally.