Governments at all levels traditionally enter into agreements with nonprofit organizations to provide services to constituents. In previous years as much as one-third of revenue for 501(c)(3) public charities came from the government through formal contracts and grants. Government funding can be a highly strategic revenue source, but it is critical to understand the pros and cons of this funding and its impact on the culture of the organization.
What You'll Learn
After this course, you'll be able to:
- Describe the current environment around government funding, including trends and major sources of grants and contracts.
- Identify available resources to support fundraising from government sources and the key requirements for nonprofits to receive government grants or contracts.
- Give examples of key considerations in applying for government support, including identifying well-suited funding opportunities and unique stewardship and accounting issues.