There’s More Than One Way to Fund a Nonprofit

By Allison Gauss
www.classy.org

Fundraising is not just asking for donations. This is one aspect of nonprofit development, but the overall fundraising landscape is quite varied. Nonprofits can fund their work with sponsorships, grants, individual giving, events, fee-for-service, and more.

 This is good news because having multiple streams of revenue protects nonprofits in cases where one fundraising source falls through. To diversify your nonprofit’s revenue sources, it helps to know what opportunities are available. Here is an introductory overview of some of the main sources of revenue for modern nonprofits.

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