NYC Covid Response & Impact Fund Report

On March 20, 2020, a group of donors (including UJA-Federation of New York) announced that they were launching the NYC COVID-19 Response & Impact Fund to provide emergency financial support to help small and midsize nonprofits respond to emerging needs, cover losses associated with the disruption of their operations, and continue their critical work.

While the pandemic affected all nonprofits, the fund focused its grantmaking on supporting organizations
that worked in two key areas: human services and arts and culture.

Through additional contributions, the NYC COVID-19 Response & Impact Fund grew to $110 million. Of that total, $73.1 million supported more than 750 nonprofits through a rapid-response grant program housed at The New York Community Trust. Another 45 nonprofits received $37 million in no-interest loans through a partnership with Nonprofit Finance Fund.

This report provides a closer look at the fund’s grant program, the nonprofits it supported, and the road ahead.