Financing, not fundraising has become something of a battle cry for many in the nonprofit world. Developing alternative ways of financing nonprofit work is important to the future health of the sector. And that has become even more obvious as a result of the Great Recession.
Recently, a report from the Nonprofit Finance Fund (NFF) revealed that nonprofits that raise growth capital were able to increase services to their communities by almost four times and increase organizational revenue by 170%.
I asked Nell Edgington, an expert on philanthropic equity at Social Velocity, to analyze the report and comment. She did that and even more.