Impacts of COVID-19 on the Nonprofit Sector: An Economic & Community Update

by SMAC May 5, 2020

written by SMAC May 5, 2020

Nonprofit organizations play a crucial role in protecting public health and community well-being. The novel coronavirus continues to impact nearly every facet of the world, including Minnesota’s nonprofit organizations. From increased demands for services, to creative augmentation of programming, to financial implications and business operations – many nonprofits are tasked with management challenges not yet seen.

Join Minnesota Council of Nonprofits and partners on Friday, May 8 at 10 a.m. for Impacts of COVID-19 on the Nonprofit Sector: An Economic & Community Update, an exploration of the latest research and anecdotes on the economic and community impacts of COVID-19 on Minnesota’s nonprofit sector.

During this free 60-75 minute virtual briefing, you will learn more about:

organizational and economic impacts on Minnesota nonprofits, drawn from an impact survey conducted in partnership by MCN and the Federal Reserve Bank of Minneapolis;
nonprofit applicant experience and next steps on the SBA’s forgivable Payroll Projection Program loans;
current status of disaster funding by Minnesota foundations; and
recovery and equity implications and opportunities for Minnesota communities

MCN will share the Minnesota Nonprofit Economy Report Update: COVID-19 Impacts referenced in this webinar on our COVID-19 Resource Page (expected release date 5/8/20).

About the Presenters

Kari Aanestad is the director of advancement for MCN/ In this role, Kari advances the mission and work of MCN and Minnesota’s nonprofit sector through strategic visioning, fundraising, relationship development, sector research, and education. As a member of MCN’s leadership team, Kari provides strategic direction and input on the organization’s trajectory, evolution, opportunities, and partnerships.

Kate Barr is the president and CEO of Propel Nonprofits, which fuels the impact and effectiveness of nonprofits with guidance, expertise, and capital. Kate brings decades of nonprofit finance and strategy experience to her role, having most recently served as executive director of Nonprofits Assistance Fund.

Susie Brown is the president of the Minnesota Council on Foundations, a state association of grantmaking foundations that seeks to connect, mobilize, and strengthen its members. Susie has spent her career in the nonprofit sector, with public policy and executive director leadership roles at The Family Partnership, Child Care Works, MCN, and the Hennepin County Bar Association.

Impacts of COVID-19 on the Nonprofit Sector: An Economic & Community Update

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