Israeli Government Grants: The Broken Promised Land

"Behind Broken Glass" by HzopakObtaining government funding seems to be every nonprofit’s goal, at least in Israel. I have heard countless lecturers, founders, and foundation representatives preach the Darwinian virtues of incorporating government grants into an Israeli charity’s fundraising strategy; after all, the nonprofit is servicing the Israeli public. It is to the Government’s benefit – if not its outright duty – to ensure that this charity’s program continues to exist

Not bad on paper. In practice, however, these Israeli government grants can sometimes be more trouble than they are worth.

For the purpose of this post, as a banker I would like to restrict my focus on the budgetary challenges associated with these grants.  Specifically, the two disadvantages that arise because grant monies are dispersed only after expenses are incurred. Continue reading

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Article: Grantmaking in Tough Economy

I came across this article from Guidestar (reprinted from Opportunityknocks.org).  Actually, the full title is “Stories of Smart (and not-so-smart) Grantmaking in a Tough Economy.”  This article is a great example of short and sweet.  The author, a fundraising consultant with more than 20 years of experience, shares three stories from clients.  The questions in each story are the kind of questions that nonprofits are asking every day; each with a different lesson. Continue reading