The economic uncertainty is starting to hit the nonprofit sector. Some foundations are already talking about how, given the devaluation of financial assets, grants will be smaller in number and size in the coming year. And wealthy individuals, suffering similar financial hits, will likely restrict their giving. At the same time, the need for the […]
In recent months there has been an increasing call among writers and thinkers in the social sector for growth capital in the nonprofit sector. In the for-profit sector, successful businesses reach a point at which they need significant investment capital (separate from operating revenue) to grow their business to the next level. Successful nonprofits have […]
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