Keeping It in Reserve: Grantmaking for a Rainy Day | Non Profit News For Nonprofit Organizations | Nonprofit Quarterly: "So, having only just gained some collective traction around the value of grants for general operations, it may seem premature to make a case for a type of grantmaking that, if anything, departs even further from the traditional program-focused model. Nonetheless, that is the case we will be making in this article: to highlight another potential item in the philanthropic tool kit for supporting and strengthening grantees. This is grantmaking that bypasses operations altogether and instead looks to strengthen the financial position of grantees by providing funding for financial reserves and liquidity."
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