Why Businesses Should Support Nonprofits Amid COVID-19

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Nonprofits are a key part of the U.S. economy — collectively, the third biggest employer by sector. And when the nonprofit sector is healthy and functioning, it benefits the for-profit sector as well. A recently published report found that nonprofits contribute more than $77 billion annually to the New York City economy — more than 9 percent of the city’s total economic output.

But as we all know, the COVID-19 pandemic has dealt a devastating blow to the U.S. economy, and millions of Americans are suffering — especially Black and Latinx Americans. Despite the many challenges…



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