Non-profits prided themselves on their self-sufficience, but with income gone, something’s got to giveThe staggering human impact of the Covid-19 pandemic has seen a groundswell of awareness and discussion over the long-term sustainability of the country’s not-for-profit organisations — the sector most directly involved in relief efforts to SA’s most vulnerable communities.
Government and private funds have implemented different mechanisms to help small, medium and micro-enterprises, and industry sectors, survive the impact of the pandemic. The Solidarity Fund is spending billions on prevention, detection and relief support. However, the NPO sector is unable to access many of these mechanisms at a time when they require support beyond the relief funds they have received.
Most of their income is gone, with little hope of accessing any relief. Well-established NPOs might have financial reserves, but these can usually only support the organisation for a few months before being depleted. Unfortunately, corporate social investment budgets are among the first to shrink in a time of crisis. But there are still numerous ways the private sector can continue to contribute. NPOs need resources to operate, and these are not limited to financial resources. In fact, if properly planned and sought, non-financial resources can also play a crucial role in the growth and development of an NPO.
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