[UPDATE: November 16, 2020]
The trend of more specialized, non-geographically based, rapid-response funds has continued over the summer and into the fall.
[UPDATE: May 25, 2020]
The rapid-response funds springing up at the outset of the COVID-19 crisis have attracted significant public attention and support. While the first set of such funds were geographically based and often hosted by a region’s community foundation, other – more specialized – funds have been established in recent weeks.
For instance, the Native American Community Response Fund has been set up to “deploy trust-based funding to urban and tribal Native -led organizations impacted by the pandemic.” Similarly, seven Jewish foundations have banded together to launch the Jewish Community Response and Impact Fund (JCRIF) to provide “more than $80 million in interest-free loans and grants to help maintain the infrastructure of Jewish life that advances Jewish education, engagement and leadership.” And TechSoup, which is a nonprofit network that helps organizations with technology solutions has launched a COVID-19 Response Fund “to help grassroots nonprofits make critical technology investments while continuing to serve the most vulnerable communities through the crisis and into the future.”
[April 3, 2020]
Community leaders around the nation have quickly shepherded coalitions to provide emergency funding for nonprofit organizations as well as individuals impacted by the coronavirus outbreak and the government restrictions on movement and activities.
This trend began first in Seattle, where the virus first struck in force in the United States, and then moved to Northern California and nationwide. Generally, these funds are hosted by a region’s community foundation.
For example, The Seattle Foundation gathered “philanthropy, government, and business partners to create a fund that will provide one-time operating grants for ‘organizations in our region working with communities who are disproportionately impacted by coronavirus and the economic consequences of this outbreak.’”
The National Center for Family Philanthropy has compiled a map and listing of these rapid-response funds around the nation.