Diversifying Funding Sources

Many donors urge NGOs to diversify their funding sources. Often it is seen that the chances of success for a proposal grow with the number of funding sources. The main reason donors want to see the diversified funding sources is to calculate the financial stability of a project and of an NGO. A stable, diversified funding base acts as a determining factor of many donors. ‘Diversifying funding’ is the mantra these days- but what does it actually mean and how can you diversify your funding sources?
TOPIC

Fundraising

PROGRAM

Accelerator

Co-working Space

Ecosystem

Incubator

Maker Space

Pre-Incubator

SECTOR
No sector specified
TYPE
Article
LANGUAGE

English

AUTHOR
proposalsforNGOs
UPLOADED

December 22, 2021

Was this a useful resource?
Share your feedback directly with the team

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Was this resource useful? Let others know

Recent Resources