St. Louis Nonprofits Need Our Help: Give STL Day, May 7
Coronavirus is taking its toll on St. Louis area nonprofits. In a recent survey of 86 nonprofits, 87 percent reported their revenues would decline. Of those, 20 percent said the decrease would be 50 percent or more of their annual budget.
One way to help fill the void: Give STL Day, a 24-hour day of online giving that will help drive much-needed financial support to nearly 1,000 of the bi-state region’s nonprofits. The event, which will be held from midnight to midnight on Thursday, May 7, will encourage St. Louisans from O’Fallon, Mo., to O’Fallon, Ill. and all points in between, to visit GiveSTLDay.org and give $10 or more to one or several of the local nonprofits participating.
Now in its seventh year, the effort has directed more than $13 million to hundreds of local charitable organizations. This year, the event is sponsored by the Berges Family Foundation and is again powered by the St. Louis Community Foundation.
This year, thanks to the CARES Act for coronavirus relief, taxpayers who do not itemize on their federal return will be able to deduct up to $300 in charitable donations to nonprofits in 2020.
“Times are tough throughout the area, but our nonprofits provide services people in need, as well as enrich our daily lives as we live, work, and raise a family,” said Amelia Bond, president and CEO of the St. Louis Community Foundation. “In this environment every little bit helps, and I am hopeful that St. Louis will once again step up.”
A leaderboard that tracks the day’s progress will be visible on GiveSTLDay.org and on Stltoday.com. Six Power Hours, which are designed to lift the value of individual donations during designated time periods, will also take place throughout the day.
“Give STL Day has always been a fun day for us to show our love to our region’s nonprofits,” Bond said. “This year, it’s not just fun – it’s essential. Please visit GiveSTLDay.org and give on May 7.”
* Survey of 86 nonprofits responding by April 15 conducted by the Network for Strong Communities, Gateway Center for Giving, and the St. Louis Community Foundation and appearing the in April 23 edition of the St. Louis Business Journal.