8/30/11

The Main Non Profit Funding Sources

By Lolita Jacobs


You might have used a not for profit organization when you were in need. It is said that people are always one step closer to needing help themselves. There is no shame in this. We however do feel that it is important you know about where the money comes from. Here is the primary non profit funding sources.

Donors are a big source. These are people who like the work that they are doing. They want to see it continue. This might be a one time donation. Some make it a yearly donation. Their amount to giving makes a lasting impression on these organizations.

Something we have found when working for one of these is that their biggest source of revenue comes from grants. They have to apply to them and you have to word the application just right. However, you can get a large amount if they think you have a worthy cause.

Other times, some businesses might help them out. Sometimes, they have a link as to this business offers this and the non profit handles the legalities of offering assistance. Other times, it might just be that they see the need people have and want to ensure they can get the help. If the non profit goes away, then they are out of luck and more people are in need.

Bills have to be paid so sometimes, they have to get creative and fundraise. Normally, with a fundraiser, you do not bring in too much cash. What you will learn when you work in this field though is that every little bit helps. So, fundraising is a source of funds.

The government is also something that plays a key role in helping them. Often times, when they apply for the grants, the government is the one giving them. They have the means to keep going if they use all resources, but they also have to follow certain guidelines.




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