I once heard a local Executive Director say that fund raising in a non profit was like a new restaurant looking for investors by asking people to pay for forks. That’s exactly right! It’s illogical, yet it’s exactly right.
Nonprofits raise money through a myriad of sources, often one part of a program, project or piece of equipment a time. Then once a year, or more often, we submit reports on the use of those funds.
Grants, which used to fund general operating, are now far more often restricted to the priorities areas of the funding institution. Major donors fund in a similar way, with fewer restrictions usually, but still often to support a specific program or project and for a specific purpose.
It’s how it’s done, both on the side of the giving, and also on the side of the asking.
Granting intuitions – which for the purpose of…
View original post 686 more words