Beyond Donations: How Two Canadian Organizations are Rebuilding Community Wealth Post-COVID

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Author
Kenza Moller, Future of Good
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Description / Summary

Since COVID-19 first hit Canada in March 2020, the gap between the rich and poor has grown wider in communities, with nearly 40 percent of Canadians reporting deteriorating finances over the last year. The organizations that typically help them, however, are also suffering, with more than two-thirds of Canadian charities reporting an average 30 percent revenue drop, over the last year. To rebuild after the pandemic, organizations will need to experiment with innovative new ways to mobilize social finance and build community wealth.

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