Top-rated charities are in jeopardy amid White House cuts to foreign aid
President Donald Trump’s order to suspend all U.S. foreign aid, which was announced on January 20, is currently on hold amid a legal review. Charity Navigator CEO Michael Thatcher shares insight on the state of nonprofits, charities and public service organizations that rely on federal funding.
The freeze on foreign assistance funding sent “a shock wave through the nonprofit sector,” said Michael Thatcher, the CEO of nonprofit evaluator Charity Navigator.
Many international organizations operate with less than 100 days of working capital, according to Thatcher, which means “this is going to change their ability to pay their staff and maintain operations,” he said. “About half may not survive.”
In some cases, individual donors can bridge some of the funding gap, Thatcher said. “If some of these causes are things you care deeply about, now is the time to dig deep.”
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