Racial bias creeps into all parts of the philanthropic and grantmaking process. The result is that nonprofits led by people of color receive less money than those led by whites, and philanthropy ends up reinforcing the very social ills it says it is trying to overcome.
A recent study found that the number of US nonprofits with annual revenues of more
than $50 million has increased dramatically.
Four guidelines provide a road map for leaders to identify and develop the right funding model for their organization.
Measurement can attract money. A nonprofit that can demonstrate results and improvement is more inviting to potential donors than one that can’t.
With an understanding of these 10 funding models, nonprofit leaders can use the for-profit world's valuable practice of engaging in succinct and clear conversations about long-term financial strategy.
