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.
Turning 10 is a big deal, especially for the nation’s biggest community day of giving, which this year will occur September 20. Communities Foundation of Texas will mark North Texas Giving Day’s milestone year with a slew of newness and improvements, ranging from a new platform that enables personalized crowdfunding, an ambassador program to spread the word and increase participation, four new qualifying counties… Read more »
A majority of U.S. nonprofit and foundation leaders are concerned about a potential decrease in charitable giving in the wake of tax legislation passed by Congress late last year, a new study released today by the Center for Effective Philanthropy (CEP) reveals.