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Advisor(s)
Abstract(s)
This chapter seeks to provide empirical evidence of the financial shocks that non-profits experienced
during the coronavirus disease-19 (COVID-19) pandemic lockdown period. The research included a
literature review of the main up-to-date publications to understand non-profits’ financial vulnerabilities.
The statistical analyses’ results facilitate a fuller understanding of the impacts that the abrupt loss of
clients, volunteers, and employees due to the pandemic has had on non-profits’ finances. These results
are discussed in light of the previous studies. Through computer-assisted text analysis, this study examined non-profit managers’ perceptions of the most significant challenges faced by these organisations
in the pandemic’s initial phase. The findings reveal a dramatic situation characterised by a decrease in
revenues and increase in expenses, in which non-profits regulated by Portugal’s social welfare private
institutions statutes were the most strongly affected. The most salient challenges identified include technological preparedness, safety assurance, and physical distancing.
Description
Keywords
Pandemic Crisis Financial Capacity
Pedagogical Context
Citation
Publisher
IGI Global