ten nonprofit funding models
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Ten Nonprofit Funding Models. October 6, 2009. Paradox . . . so much time, so little money. - PowerPoint PPT PresentationTRANSCRIPT
Ten Nonprofit Funding Models
October 6, 2009
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2091609-SSIR.Foster
Paradox . . . so much time, so little money
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3091609-SSIR.Foster
Our fundraising strategy used to be ‘let’s raise more money this year than last’ and we were always unsure where we’d be. Then we got serious in thinking about our model and identified an ongoing type of government funding that was a good match for our work: While it required some program changes to work, we now predictably cover 70% of our costs in any locality through this approach.
- Earl Martin Phalen, co-founder of BELL
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Why it’s so hard achieve. . .
•Our inclinations
•Conventional wisdom
•Tough economic times
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For nonprofits . . . funding is a its own strategic question
Company
$
Pro
duct o
r serv
ice
Customer (Payor=
beneficiary)
For profit sector
Beneficiary
Organization
Nonprofit sector(generally)
Payor
$
Pro
duct o
r serv
ice
? ?
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What we know . . .
•Realism is important
•At scale . . . robust funding is generally concentrated in one source
•Natural matches will dictate a few paths
•Organizational capabilities are required
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Top ten nonprofit funding models (1 of 2)
Source: Foster, W., Kim, P., Christiansen, B. (Spring 2009). “Ten Nonprofit Funding Models;” Stanford Social Innovation Review, pp. 32 – 39.
TBG
8091609-SSIR.Foster
Top ten nonprofit funding models (2 of 2)
Source: Foster, W., Kim, P., Christiansen, B. (Spring 2009). “Ten Nonprofit Funding Models;” Stanford Social Innovation Review, pp. 32 – 39.
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9091609-SSIR.Foster
Funding-related articles in SSIR
Note: Artwork courtesy of the Stanford Social Innovation Review
Spring 2007 Fall 2008 Spring 2009