The charity, community and voluntary sector could be facing a shortfall of funding of up to half a billion euro due to Covid-19.
A body representing charities says the collapse in funding for some organisations has been devastating and that urgent support is required to help them with their cashflow. 'The Wheel', which represents more than 1850 organisations in the sector said that a survey of its members has shown that between 70-90% have had to cancel fundraising events Deirdre Garvey, CEO of The Wheel said in some cases that represents between 20% and 100% of an organisations funding and that it would have a serious impact on their ability to deliver services.