August 19, 2012
Foundations Are Wise to Offer Grants and Management Coaching
As the economic downturn has persisted, grant makers have strived to increase nonprofits’ financial sustainability. Many foundation leaders recognize that nonprofits they support would fare better in the long run if they depended less on grant money and diversified their revenue.
But no clear formula exists to figure out how grant makers can be most helpful in this process of weaning a nonprofit away from foundation money.
Is it best to give a group general operating