Call for ‘Emergency Charity Stimulus’ as Billionaire Wealth Soars and US Nonprofits Sink

As billionaires have seen their collective wealth increase by nearly $700 billion and ordinary Americans face increasing economic insecurity amid the Covid-19 pandemic, nonprofits in the U.S. that rely largely on charitable giving—increasingly from a small number of high-dollar donors—are struggling to survive under the current conditions. According to the Washington Post on Monday, nonprofit …

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