From the course: Nonprofit Management Foundations
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Pursuing government grants and contracts
From the course: Nonprofit Management Foundations
Pursuing government grants and contracts
- Nonprofit leaders have a love/hate relationship with government funding. You love the ongoing revenue stream that government contracts and grants can provide. But you hate the complex application process, the cumbersome reporting requirements, and the sometimes insufficient payments that come along with gettin' a government grant. Despite all these dysfunctions, nonprofits keep coming back for more, and for good reason. Of the more than 300,000 human service organizations in America, nearly 2/3 won government contracts last year. However, tapping into government funding can be time consuming and frustrating. So it's important to conduct a cost benefit analysis up front to determine if you even want to go this route. Let's say you do, then there's two main types of strategies for getting government funding. One strategy, I call responsive engagement, and the other is proactive. Let's start with the first type, responsive engagement, because this is more accessible for most…
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Contents
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Understanding sources of revenue4m 41s
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Fundraising from individuals4m 25s
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Foundation grants4m 47s
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Pursuing government grants and contracts5m
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Creating value through business partnerships4m 45s
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Earning revenue through services and products4m 14s
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Fundraising at different stages of growth4m 17s
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Using social media to raise money4m 59s
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