Strategies for Navigating the Fiscal Cliff's Effects on Individuals and Nonprofits
During the pandemic, federal aid played a vital role in bolstering nonprofits, ensuring their survival, and providing essential support like food, childcare, and housing to those in need. However, federal funding has ceased, which has been referred to as a ‘waterfall,’ or a cliff and now there's a heightened demand for resources from alternative sources.
This shift impacts community-wide responses and nonprofit funding. Across the nation, community foundations have stepped in with creative solutions and strong leadership to bridge funding gaps and proactively address challenges like the fiscal cliff facing both individuals and nonprofits. This roundtable discussion, held on July 17, 2024, highlighted community foundation leaders, who shared their experiences, and how you can support your community.
During the discussion, participants heard from community foundation leaders and:
- Gained insights from data-driven initiatives and partnerships to support philanthropic initiatives,
- Drew inspiration from examples of unique, solution-oriented programs that address community needs.
In partnership with: