Not For Profit Organizations Must Use Unconventional Funding Methods

Many not-for-profit organizations have relied on their grant writers and other generous government options for receiving the funding needed to run their programs. Unfortunately, times are changing and not-for-profits can no longer afford to sit back and depend on passive funding options. They must become more aggressive in their self generating efforts. A few of those options can include the following:

• Partner up with for-profit companies that have the same goals for the communities served by the organization.

• Income generating solutions that allow the organization to earn the money needed for operations and programs without becoming a for-profit entity.

• Seek self renewing donations from philanthropic organizations that have the same goals. More info: non profit funding sources

Comments are closed.