Most people think of philanthropy as a niche, feel-good space supported by simple donations rather than the massive global market that it is. A market that continues to affect policy and change millions of lives worldwide. The nonprofit space currently encompasses an impressive 2.1 percent of the total U.S. GDP, mobilizing over 1.5 million nonprofit and funder organizations, and $410 billion of investments in the social sector.
There’s no daily grind quite like that of nonprofit fundraising. While working at a nonprofit is intrinsically rewarding in countless ways, most industry veterans can recount horror stories of months (or even years) where their nonprofit was barely hanging on and that next grant or big donation meant the difference between keeping the lights on or closing down.
Popular online magazine Slate recently released a new series about philanthropy. With The Slate 90, the journal will start ranking the largest American nonprofits by revenue, organized according to nine categories ranging from the arts to health. Its goal is to increase scrutiny of the growing philanthropic sector and provide what it calls “a more robust and useful portrait of the tax-free economy” and “the nonprofit-industrial complex” in particular. This snapshot of US philanthropy, based on 2015 data, shows the contemporary giving landscape.
During every fundraising event I helped to organize for 826 Boston, a literacy nonprofit based in Roxbury, MA, the lights dimmed and we hit play on our latest video.
When Give OUT Day was founded in 2013, it rose out of a sense of urgency and acute need. Its mission – to bring the LGBTQ community’s nonprofits and allies together across the country on a single day dedicated to giving – remains as critical today as it was five years ago.
For many nonprofit organizations, the grantseeking process is overwhelming. Every foundation asks for something a little different from their applicants – and after all the hard work, funding is never guaranteed. Maybe you find yourself wondering how you’re ever going to streamline (let alone master) the grantseeking process at your nonprofit. Don't worry. We've got five tips to get you started.