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COVID-19 Crisis: Philanthropy faces a major dilemma as need increases but endowments shrink

As COVID-19 rapidly spreads through the world, it has created in its wake a pressing need from almost every segment of society. The world of philanthropy has made donations both large and small to fight coronavirus and its effects. But facing the possibility that the current situation is one that will last for months – perhaps up to two years – some foundations are asking themselves how they can offer sustainable support.

 

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