A Reminder about Funding Overdependence - NPQ - Nonprofit Quarterly

A Reminder about Funding Overdependence - NPQ - Nonprofit Quarterly: A report from Portland, Maine about the closing of a city-run clinic that provided healthcare for 2300 homeless people each year should remind us that wherever possible, we should guard against overdependence on one source of funding. The clinic’s fate was decided when it lost a federal grant that provided approximately a third of its annual budget of $1.8 million.

Nonprofits shifting money model in tough economy � Philanthropy North Carolina

Nonprofits shifting money model in tough economy � Philanthropy North Carolina: Faced with continuing financial stress in the wake the recession, nonprofits plan to rework their strategies for raising and spending money, a new survey says.

Among 5,983 nonprofits responding to the 2013 State of the Nonprofit Sector Survey from the Nonprofit Finance Fund, 42 percent say they lack the right mix of financial resources to thrive and be effective in the next three years, and one in four has 30 days or less cash on hand.

Health care groups urged to diversify investments | Philanthropy North Carolina

Health care groups urged to diversify investments | Philanthropy North Carolina: The new model was developed over three decades by educational institutions and increasingly adopted by other types of nonprofits, and shifting to it and reaping benefits from it could take decades, making that shift “all the more urgent,” says Assessing the State of Healthcare, the white paper from the Commonfund Institute.

“It is in the interest of health care organizations, rating agencies and donors that health care endowments evolve toward becoming more like those of other long-term nonprofit institutions,” the white paper says.