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Corporate Member COVID-19 Response Call: Key Trends (April 2, 2020)

Publication date: 
Thursday, April 2, 2020
Now and for the duration of this pandemic, SCG’s mission in response to COVID-19 is to mobilize philanthropy to respond rapidly, effectively, and equitably to the pandemic, by fostering inclusive collaboration, learning, and bold actions. SCG's corporate members have requested a dedicated space to convene with one another in order to discuss current needs, what their peers are doing, and potential opportunities for collaboration.  SCG will be scheduling more conversations in the coming weeks. If you have questions, please reach out to Jessica LeTarte at [email protected]

Supporting Nonprofit Resilience

Corporate members are continuing to make investments at the national and local levels across a variety of issue areas including food security, economic stability, digital access, healthcare, shelters, and more. They are also adopting new strategies to support grantee resilience such as transforming current grants into general operating/unrestricted support funds, expediting payments, and suspending reporting requirements.  

SBA Loans & the CARES Act

Increasingly, nonprofits are elevating questions around the relief programs offered by the Senate’s stimulus bill. Financial institution members expressed that nonprofits have primarily been reaching out looking for general support on application eligibility and other forms of technical assistance. 

The State of Frontline Healthcare Providers

Hospitals and safety-need clinics across the state that serve vulnerable and low-income populations are struggling to remain open and respond quickly to this crisis. They’ve taken an incredible financial hit because in-person visits— which are directly tied to their ability to receive medical reimbursements— have dramatically declined as a result of the COVID-19 outbreak. As these frontline providers deplete their medical revenues, some have begun furloughing their staff and closing down clinical sties. While the federal stimulus is on its way, healthcare providers are unsure what the dollars will be used for, who will be eligible for it, and how quickly it will get on the ground. At this moment, these safety-net providers need emergency operating funds to sustain them while federal funds arrive and to buy the professional medical equipment they critically need.  

Volunteerism & N95 Masks

Volunteerism continues to be a big topic for corporate members, especially those with staff members who are eager to help during this pandemic. For the most part, volunteer programs have been put on pause, but some companies have found creative ways to give back such as writing letters to kids or making their student mentorship programs virtual. Many companies mentioned that their employees would like to make masks for hospital workers considering the current shortage of medical supplies and the latest public mandate for the general public to wear them. However, members in the medical sector stressed that hospitals need medical-grade supplies— specifically N95 masks— and that the people can help by ensuring that these resources make it to healthcare workers. To do this, members suggested that volunteers could make masks for themselves and other community organizations working at the frontline (i.e. shelters) to ensure that medical supplies don’t get redirected away from hospitals and clinics. 

Catalog of Corporate Funding

Currently, some corporate members have focused on funding organizations they already have close relationships with as opposed to participating in public, pooled funds. While they are open to participating in these funds, corporate members expressed an interest in knowing which corporations are already giving to specific funds. They proposed having a catalog created with this information in order to help them direct their own funds. 

 

Funding Issue Area & Geographic Regions
Type of resource 
Types of Support