Minneapolis Star Tribunev reports…
Minnesota nonprofits lost an estimated $1 billion in revenue in April because the COVID-19 pandemic forced the cancellation of fundraising events and reductions or closures of other revenue-generating programs.
But the news isn’t all bad…
One silver lining of the crisis: It’s prompting nonprofits to develop new skills, to collaborate in new ways, and to diversify revenue sources. One organization that had studied telehealth delivery for four years figured out how to launch a program in just four days because of the crisis, Pratt said.