Tag: McKinsey & Co

A transformative moment for philanthropy

If ever there was a time for foundations to consider permanently accelerating the pace and volume of giving, it’s now. Here’s how the positive changes in individual and institutional philanthropy sparked by the COVID-19 pandemic can take root and grow. The philanthropic response to the COVID-19 pandemic has shown the sector at its best. From the launch of community-based rapid-response funds to the development of diagnostics and vaccines, philanthropy is showing up both to help flatten the curve in the short term and to address the inequities the crisis will exacerbate over the long term.