7 Reasons Why Foundation Fundraising Should Be Focused
March 3, 2023 ⚊ 1 Min read ⚊ Views 107 ⚊ BUSINESS
In the course of speaking with almost 20,000 non-profits each month about their nonprofit fundraising needs and plans, we sometimes hear that “foundation funding is not part of our focus”. We believe that there are some very compelling reasons to introduce or re-visit foundations as a potential source of funding for your organization. Those reasons are:
Growth– the most recent GIVING USA report from Indiana University indicates that foundation funding was the fastest growing giving source in 2015, growing at a rate of 6.5%, compared to 3.8% for giving by individual donors. Foundations gave $58.46 billion, in the form of an estimated 832,000 grants – that is one grant for every two charities in the US so your odds of getting funded – if you apply of course – are good.
