501Coach helps a lot of organizations. The most common single request?
How can we stop worrying about grants and donations?
Every grant has a cycle, whether it is a one time event, or a recurring grant that you must reapply for regularly. Grants have conditions, strings about how to use the money. The dreaded, Administrative Overhead, line item limit that disallows so many daily operational requirement.
Donors get distracted by flashy events, terrible tragedies, or just plain run out of money. In the rare case of endowments, those funds become tied up in limitations on usage, yearly amounts, or how the market did this year.
Sustainability is the term, used to describe the ability of an organization to exist, beyond the term of the current grant cycles. Beyond the current market flush. Beyond the current bounty.
How sustainable are you?
We work with so many organizations on bringing in revenue that doesn’t depend on grant or donor cycles. Examples include:
- Healthcare billing
- Private pay therapeutic services
- Educational funding streams
- Real Estate