Foundations Are Often to Blame for Charities’ Financial Emergencies
When foundations try to identify obstacles to a grantee’s success, they had better look in the mirror.
That’s according to a new analysis of 102 nonprofit projects that ran into trouble and required cash. Grant makers, government agencies, and other donors were to blame for the disruption in nearly half of these cases, often because they changed their funding strategy or delayed promised money.
“This data suggests that the biggest barrier to effective impact and the greatest pain point for nonprofits and social enterprises are their own funders,” concludes the report.