COVID-19 has financially impacted the nonprofit sector, and many do not know if they will survive the crisis. Charities Aid Foundation of America surveyed nearly 550 nonprofits in 93 countries in March 2020, and 96.5 percent of respondents reported negative impacts related to the virus.
The second quarter ushered in much needed relief across all major equity asset classes, including commodities and global real estate. The performance rebound recovered a significant amount of the decline over the first quarter, but left most equity indexes still in red for the year as the world continued to grapple with COVID-19.
Thirty-six percent of all businesses are women-owned, and the number continues to grow. However, it’s still a struggle to make it as a female entrepreneur. A 2019 Columbia Business School study found that female-led ventures are 63% are less likely to receive VC funding — even though when female-led ventures do receive VC funding, they are just as likely to achieve exit outcomes through IPOs or acquisitions.
Students, parents, and faculty nationwide will have to redefine their image of what the typical “college experience” will look like this fall, as many classes go remote and off-campus for the safety of everyone due to COVID-19.