Foundation Funded is the fourth lesson in the series of seminars on the 5 most common Nonprofit Business Models.
Candid just announced that Foundation giving increased by 3% year over year in 2022, aligning with a longer-term shift noted by Giving USA, indicating that foundation giving is increasing even as the category of individual donations decreases as a proportion of overall giving.
Foundations have their own unique challenges and opportunities that should be reflected in your nonprofit business model.
In this lesson, you will learn the following:
- What the growing and diverse grid of foundations looks like in the US, and what you can expect from each type;
- What basic administrative processes and tools need to be in place to administer foundation funding;
- What the characteristics are of foundation funding, generally – positive and not so much;
- How nonprofits go about converting non-financial or social capital to foundation grants;
- How to tell a foundation your financial story to secure the exact kind of funding you need;
- How to negotiate the best possible grant terms for your budget;
- What nonprofit leadership needs to be and do to be successful with various types of foundations.
Instructors:
Hilda Polanco
Managing Partner, BDO FMA
Maple Walker Lloyd
Director of Development and Community Engagement, Block Club Chicago
Emily Roseman
Research Director, Institute for Nonprofit News
Financial Commons - Foundation Funded Webinar
RESOURCES
Tools:
Case Studies:
The Criticality of Social Capital to Foundation Grant Getting
Research:
Foundation giving and payout in 2022: What changed and what’s next
Fundraising Bright Spots: The Secrets of Successful Fundraising from Individuals