Top Nonprofit Funding Strategies – How Can Nonprofits Raise More Money in 2021?
What to know about nonprofit funding strategies Firstly, nonprofit funding is on the rise, but not after an incredibly challenging year. The COVID-19 pandemic stripped many nonprofits of their ability to fundraise in ways that traditionally brought in recurring and episodic revenue. Lockdowns and social distancing prevented in-person fundraising events from happening and made it difficult for nonprofits to make good on their grant and contract-based work in the community. The Nonprofit Leadership Center surveyed nonprofit CEOs and executive directors in March and November 2020 and found that the top challenge respondents reported during that time was fundraising. The primary concerns nonprofits expressed were canceling fundraising events, losing corporate partners and funders, not meeting funding requirements, and risk associated with…...
