I recently published a research report on the Impact of COVID on Canada’s Charitable Sector (July 2021) which provided some surprising insight. Notably, the industry as a whole increased its cash balances materially and received more government funding, while reducing expenditures on charitable activity and staff levels. What is particularly concerning is that all of these measures accelerated as the crisis lengthened. This in spite of the accommodating policies of government to assist the sector in managing the worst of the crisis.
I query whether this is the best response for our communities in need during the crisis.
Of course, there is much more to be gleaned from the report, and I encourage those with an interest to read the full report.
The Financial Post commented on the research report HERE.
You can view the Executive Summary of the research report and order a copy of the full report HERE.