COVID-19 Business Survival Series: “Being Philanthropic When It’s Needed Most”
COVID-19 does not discriminate, and it has impacted all sectors of the nation’s economy. But certain industries are being affected more than others, maybe none more so than not-for-profits. Why does this sector matter – especially now – and what should the business community be doing to help preserve this very important piece of Indiana’s ecosystem?
Katz, Sapper & Miller and Gerry Dick continue our COVID-19 Business Survival Series with a segment on Inside INdiana Business featuring Tim Cook, partner at KSM; Dr. Una Osili, associate dean for research and international programs at the IU Lilly Family School of Philanthropy at IUPUI; and Jay Love, co-founder of The Fundraising Standard and Bloomerang. The panel discusses the role philanthropy plays in the health of a community, how not-for-profits can sustain themselves, and why the business community must support this vital sector.
Osili says not-for-profits play a critical role in helping communities thrive in the midst of crisis. The industry can serve as a collaborator with government, helping fill in the gaps by serving those in need, as well as a voice for the most vulnerable populations.
Cook agrees, stating, “Now more than ever, we [the private sector] have to be there for our not-for-profits. KSM is proactively reaching out to the not-for-profits we’re involved with to let them know we’re here, and we’re going to continue to support them.”
Watch the full segment here:
Keeping you updated on COVID-19 and its impact on businesses and individuals.