As the Covid-19 pandemic is upending life as we know it, nonprofits are especially vulnerable: Groups must simultaneously adjust to a host of changes while also preparing to support their constituencies, many of whom need more help because of the pandemic.
An immediate challenge many nonprofits face is whether to cancel events such as conventions, conferences, fundraisers, and meetings. Will a nonprofit owe crippling cancellation fees to a venue and to vendors if it cancels? Does the timing of the cancellation matter?
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