DHS Vice Chairman, Fernando Aguirre, Approves Client's Grant to Nonprofits for COVID-19 Relief

Human Services and Society Benefit charities received most from the COVID-19 relief grants, with 68% and 37% higher grant volumes respectively.

Online PR News – 21-October-2020 – Washington, DC – DHS today announced that one of its clients has recommended more than $23 million in grants from his donor-advised fund accounts so far this year, with over $75 million of that designated to support nonprofits’ COVID-19 response.

The $23 million for COVID-19 relief will support over 9,600 charities and achieves the challenge DHS gave its donors last month to double their giving to COVID-19 relief organizations. The total giving so far in 2020 ($37 million) is an 18% increase from this time last year.

“The $23 million in grants from our client so far this year will go a long way in helping sustain all nonprofits through this crisis and beyond,” said Fernando Aguirre, Vice Chairman of DHS. “We believe our clients will continue to act generously as the needs facing the nonprofit community and society at large have never been greater.”

Total grant volumes are up over 30% vs. this time last year, with Human Services charities, like food banks and homeless shelters, seeing the largest increase in grants (68% higher volume). Among the grants designated for COVID-19 relief, over one-third (36%) went to these organizations, likely a result of increased awareness of the unprecedented challenge facing food banks and others providing essential services to vulnerable populations.

Society Benefit charities, which include community foundations and social advocacy groups, saw a 37% increase in grant volumes compared to early 2019. Nearly 20% of grants designated for COVID-19 relief benefited these organizations. Increasing giving to medical relief organizations, many of which operate domestically and internationally, has also driven a 36% increase in grant volumes in the International Affairs charitable sector compared to this time last year.

Encouragingly, a recent DHS study of a broad population of American donors at the outbreak of the crisis found that most (79%) plan to maintain or increase the amount they give to charity this year. However, with fundraising and programming harshly impacted by the pandemic, nonprofits will need more assistance to continue providing crucial services. In fact, the study respondents also included a subset of nonprofit employees: 95% said that COVID-19 had impacted their ability to deliver in one or more of these areas: programming, fundraising, or engaging volunteers.