October 13, 2005
Grant Makers Need to Speed Up Their Pace
In the days after Hurricane Katrina, many companies rushed to provide aid, as did numerous private foundations. But, with the exception of major natural disasters and catastrophes like the 2001 terrorist acts, grant makers rarely display such a sense of urgency.
By contrast, most nonprofit groups are acutely sensitive to the pressures of time. Urgency drives nonprofit operations. Salaries, rent, and other overhead costs have to be paid. Program and policy deadlines have to be met.
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