NEW YORK – While celebrities and billionaires have announced huge gifts to combat the COVID-19 pandemic, many charities and nonprofits are still struggling.
Donations to some churches have plummeted, and many charities have had to cancel crucial fundraising events such as galas, bike races and walkathons.
There’s plenty of big-time philanthropy: Nine-figure gifts for coronavirus relief efforts — including food banks and medical research — were recently announced by billionaires Jeff Bezos, George Soros and the Bill and Melinda Gates Foundation.
Nonetheless, nonprofits are facing hard times amid prolonged lockdowns and a floundering economy. “The arts and culture sectors are in trouble because they can’t earn revenue from performances and