New York Foundations Create $75 M. Fund to Support Arts Nonprofits and Social Services Impacted by Coronavirus

Amid the increasing closures brought on by the coronavirus, a consortium of 18 foundations created a $75 million fund to support small and mid-size nonprofit arts and cultural organizations as well as others offering social services.
The NYC COVID-19 Response & Impact Fund, which will be administered by the New York Community Trust, allows organizations to apply for grants and zero-interest loans to “to help them respond to emerging needs, cover losses associated with the disruption of