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Five Ways to Gauge Your Crisis Reaction Giving Strategy

LinkenIn May 17, 2020
This article is deemed a must-read by one or more of our expert collaborators.
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5 Ways To Gauge Your Crisis Reaction Giving Strategy Giving Compass
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Giving Compass’ Take:

• Kris Putnam-Walkerly offers philanthropists advice on how to analyze their crisis reaction for more efficient giving towards coronavirus prevention.

• How are you monitoring your crisis reaction? Why is it important not to get stuck in slow motion as the pandemic continues? 

• Learn more about why everyone in the philanthropic sector should increase their giving throughout the coronavirus.


Want to understand where your organization falls on the crisis reaction spectrum? Ask yourself if any of these six behaviors sound familiar and then, if you haven’t already, embrace what makes you most effective and leave behind what’s holding you back.

1. Your first instinct is to hide.

Rather than one of the philanthropists out front making headlines, you’re in retreat mode, unsure of what to do, frozen with fear, a deer in the headlights. But if you let fear take over, and then run for the hills, you exist in a separate privileged reality without the necessary knowledge, connections and relationships to be an effective leader.

2. You’re waiting to see what happens next.

During COVID-19, there are any number of factors and unknowns from technology to government funding that will continue to unfold and impact the sector. But if you hit the pause button you’re missing out on change-making opportunities.

3. You’re giving fast.

This is like triage at the hospital. You identify and prioritize the areas of greatest needs and get the money out the door as quickly as possible. Maybe that means additional funding to existing grantees, or funding that helps keep first responders safe. Or you’re helping to shore up local crisis response funds.

4. You’re giving differently.

Deadlines, funding parameters, applications and more have changed so you can achieve your mission by offering critical and relevant support to grantees when and where they need it most.

5. You’re creating new response mechanisms that haven’t existed before.

Many community foundations are at the heart of some of these new endeavors creating central crisis response funds. Other philanthropists are recognizing that together with new partners and collaborations they’ll get more done.

Read the full article about crisis reaction giving by Kris Putnam-Walkerly at LinkedIn.

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Interested in learning more about Coronavirus? Other readers at Giving Compass found the following articles helpful for impact giving related to Coronavirus.

  • This article is deemed a must-read by one or more of our expert collaborators.
    Click here for more.
    What COVID-19 Has Taught Us About Future Impact Investing

    Giving Compass' Take: • Komal Sahu, in an article for AVPN, lists four sectors that impact investing should focus on for increased resilience to global threats like COVID-19. • How can you increase your impact in those areas today? What can you do to ensure greater preparedness in the future? • Discover opportunities to make an impact right away. AVPN has identified four high-impact sectors that the public and private sectors can leverage to increase their resilience against future socio-economic shocks. Public Health: Build a Resilient Infrastructure The need to invest resources in a resilient public health infrastructure is no longer contested. Important investments that can bridge huge systemic gaps include constructing and building the capacity of hospitals, biotech companies that develop vaccines and testing kits, manufacturing companies that produce medical supplies, affordable and accessible health insurance agencies and awareness-raising for healthcare workers. Technology: Break Boundaries Across Sectors Harnessing the power of digital innovations is now more important than ever before. Not only can it reduce the impact of COVID-19 on individuals and businesses, but it can also break boundaries across sectors through increased pathways for monitoring and communication. Numerous healthcare apps have been developed within a very short time, and can support medical institutions through contact tracing, mental health management, and/or community support for the last mile. Find out which innovative healthcare solutions on the ground are saving lives, and how you can scale their impact. Clean Energy: Grasp the Window of Opportunity With international travel grounding to a halt and manufacturing production taking a pause, air pollution and global emissions have dropped quite substantially. This presents a unique opportunity for governments and investors to address climate change – but it will require strong leadership to stay the course on this path. Ecosystem: Build Networks of Trust Instead of apportioning blame, more collaborative efforts are needed to tackle the crisis. Investments made in knitting together ecosystems and networks can help communities, companies and portfolios weather the inevitable surprises of pandemic, recession or climate change. Read the full article about COVID-19 and impact investing by Komal Sahu at AVPN.


Looking for a way to get involved?

If you are interested in Coronavirus, please see these relevant events, training, conferences or volunteering opportunities the Giving Compass team recommends.

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