Published April 27, 2020 | Nonprofit News
The federal government has announced a number of policy measures for nonprofits and charities, including the $350 million Emergency Community Support Fund (ECSF). Additional support is necessary to cover core operational costs that allow charities to keep their lights on and continue their programming amidst the added challenges COVID-19 presents. Add your voice to our call for a Sector Resilience Grant Program.
Request for Critical Support
At the core of the support instruments for the nation’s charities and nonprofits is a request for a
Stabilization Fund that would represent an investment of $10 billion. To date, government investments total $2.8 billion for the sector, therefore the sector’s request for support is currently $7.2 billion. When using this term, it is intended to be defined as:
Stabilization Fund – a suite of interventions designed to keep Canadians employed in the charitable and nonprofit sector and to ensure the continuity of supports and services the sector provides to Canadians and the world (i.e. ability of organizations to survive the crisis).
The Stabilization Fund is aimed at ensuring that charities and nonprofits can continue to provide services during the Covid-19 crisis (both in Canada and internationally), where feasible, and are in a position to serve and help rebuild communities as the nation emerges from the crisis.
It is recommended that The Stabilization Fund comprise two main elements:
- Wage Subsidy Program – Criteria already released.
- Sector Resilience Grant Program – Grants for core operating support of the full sector to respond to rising community needs and costs; offset the collapse of revenue pipelines that are used to support operations outside of wages (i.e significant financial gaps that are not addressed by the wage subsidy); and to strengthen the sector for the longer term and improve resiliency in the face of COVID-19.
The sector is deeply appreciative of the Government’s inclusion of charities and nonprofits in the Canada Emergency Wage Subsidy. However to ensure that services are able to continue amid rapidly rising costs and substantial demand, the proposed Sector Resilience Grant Program is even more urgently needed.
Read more here.