Nonprofit organisations

Grants multiply as government agencies and foundations seek to rescue US cultural organisations amid pandemic

Latest allocations include $32.8m from the National Endowment for the Humanities and $47.1m from New York’s Department of Cultural Affairs

Citing devastating coronavirus impact, five US foundations plan to increase payouts to strapped nonprofits by $1.7bn

In a novel strategy, at least three of the foundations will borrow money to finance giving