In the last 48 hours I have been in multiple meetings, conversations, text threads, Facebook groups that all are starting to realize one thing: we are all about to lose a lot of money. Galas and conferences are begin cancelled. Programming is getting pulled. Clients are stopping work indefinitely. Fundraising campaigns are being put on hold. Endowments are crashing with the stock market. One client I spoke to said they learned their insurance policy doesn’t cover losses from bacterial or viral infections. No one - not one person - knows what to do and how to make up for these losses, no matter how short-term they may end up being.
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