Some 41 percent of respondents are more optimistic and expect a short, sharp COVID-19-driven recession followed by a strong recovery.
61 percent are taking immediate action to reduce their costs, expenses, and spending rate to protect the corpus.
The survey was conducted online by NEPC's Endowments and Foundations Practice Group in March 2020.
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The position young people are dealt with can be complex, and yet the entire economic system is still focused for an age that’s almost gone astray. The solution? Promoting social enterprise and getting these young people integrated into work.