This report looks at the philanthropic dollars that were distributed for COVID-19 in the first half of 2020. Although not a complete picture of the global philanthropic response, due to the ever-changing response
to the pandemic, the report offers some insight into funding flows seen thus far. Some key findings:
— In the first half of the year, we identified more than $11.9 billion awarded for COVID-19 globally
— Corporations accounted for nearly two-thirds of funding
— Community foundations awarded more grants than any other grantmaker type (49 percent of total awards)
— Gifts by high-net-worth individuals accounted for at least $1.6 billion
— A combined $452.9 million was donated to COVID-19 response through the donor-advised funds of Fidelity Charitable, Schwab Charitable, and Vanguard Charitable.
— Proportionately little institutional funding was explicitly designated for specific populations and vulnerable communities
Candid and the Center for Disaster Philanthropy plan to release a follow-up research brief in February 2021.