On the Money: A Review of Key Financial Challenges Facing Nonprofits Today ? and How Grantmakers Can Help

On the Money: A Review of Key Financial Challenges Facing Nonprofits Today ? and How Grantmakers Can Help

Grantmakers for Effective Organizations has issued a new report highlighting the financial challenges that nonprofits face and the ways in which grantmakers are both exacerbating the problem and working to improve the situation. The report, On the Money: A Review of Key Financial Challenges Facing Nonprofits Today — and How Grantmakers Can Help (36 pages, PDF), recommends that grantmakers talk to their grantees about the financial problems they face; provide the types of support nonprofits need most, including general operating support; streamline application and reporting processes to ease the administrative burden on nonprofits; work with other funders to reduce red tape and pool resources; and consider alternative financial tools such as loans and program-related investments.