charity

charity

The COVID-19 pandemic has been devastating to families who have lost loved ones, and businesses that have lost everything. But it has also taken a significant toll on many nonprofits, charities and government agencies—and the people who rely on them.

About 22,000 nonprofits nationally are in danger of closing because of COVID-19, says a study by Candid, a nonprofit that provides data about the sector. And according to a Johns Hopkins University study, 1.6 million people working at nonprofits lost their jobs between March and May of this year. On top of all this, many organizations are expecting their signature fundraisers to raise only about half of what was projected.

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Startup Tiltify wants to use lessons from Twitch's success in the gaming industry to change the way charities interact with their audiences. A recent $6.5 million raise will help them do just that.

The Los Angeles-based crowdfunding platform was launched in 2014 by Michael Wasserman and Mark Russell to get younger generations participating in charity fundraisers.

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