Wednesday, November 13, 2013
Cynder Sinclair: Nonprofit Foundations, and Battling the Class Divide in Philanthropy: In working with individual nonprofits, it doesn’t take long to see how much time we all spend concerned with what foundations will or won’t fund; but revenue from funders is a relatively small part of the overall funding picture. The vast majority of private philanthropic dollars (approximately 75 percent in a typical year according to the annual Giving USA report) come from individual donors. And in most cases, individuals represent the greatest potential source of funds. So I advise nonprofits to focus on individual donors more than they do on foundations.