Financial planning has never been a particularly easy task, but COVID-19 has made it even more complicated, particularly for the non-profit community. Financial health typically relies upon accuracy, consistency, and relatively predictable planning cycles, not the unclear economic conditions and time horizons of a global pandemic with no clear end in sight. The economic downturn and growing recognition that there will be no “back to normal” underscore the tremendous challenges non-profits will face to emerge stronger and financially healthy on the other end of this pandemic. Trust Your Planning Ability When the worst happens, it’s easy to go into “panic” …
