Charities battered by coronavirus as fundraising slumps – The National

  • Date: 20-Apr-2020
  • Source: The National
  • Sector:Financial Markets
  • Country:UAE
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Charities battered by coronavirus as fundraising slumps – The National

Charities battered by coronavirus as fundraising slumps. Sector experts warn that hardly any UK charity will come out of the coronavirus lockdown unscathed.. Daniel Fluskey, head of Policy and External Affairs at The Institute of Fundraising NCVO , said: "There may be some individuals that have success but no charity will be unscathed.. "Most charities see approaching a huge financial hole and anything raised is mitigation against that.". Other charities will be needed after the pandemic to help in a country that is likely very different from what it was before the pandemic.. Pretty much every charity is losing support from volunteers who cannot leave their homes or making employees redundant.. Mr Fluskey said: "The main areas for charities are closed, from local shops where doors are shut to big events like the London marathon or the Great North Run.. "The cancellations of these events will have put a big hole in the charity reserves.. Despite high profile success stories like Captain Tom Moore's inspirational £20 million fundraiser from his back garden, the charity world is reeling.. Mr Fluskey said that charities are coming up with virtual fundraisers and innovative online events but it is a drop in the