Vida Joven in a nutshell? Misery-central @ intake: abandoned kids living unprotected on the streets. Yet most Vida Joven orphans eventually go to college (yay!) … overcoming multiple traumas en route. If I had to pick just one charity to give to (of the 3 dozen we DO give to) … it would be Vida Joven. Huge impact on those served? CHECK!An unimaginably tough… Read more »
The fact is that a financial glass ceiling exists for nonprofits — a limit, which many nonprofits hit, where the money just won’t grow. They may have a great solution to a social problem, but they are unable to attract the money necessary to deliver on that solution. I see this all the time in my consulting practice. A nonprofit has existed at a certain budget level — let’s say $1.5 million — for years and years, and though they have big ideas for how much more they could be doing, they just can’t seem to get past that $1.5 million mark.
The 2018 Foundation Operations and Management Report is based on the 17th operations and management survey of members of Exponent Philanthropy that was fielded in summer 2017. The report details trends in foundation grantmaking, operations, investments, and governance.