Laurie Michaels, Maya Winkelstein, and Caroline Bressan spoke with Bloomberg to discuss Open Road Alliance and the first $10 million in loans via Open Road Ventures.
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This week’s Business of Giving features Maya Winkelstein, executive director of Open Road Alliance, which aims to bring conversations about risk to the forefront in philanthropy. Seventy-six percent of grant makers the organization interviewed said they do not ask charities at any time during their application process what could go… Read more »
The following is a conversation between Maya Winkelstein, Executive Director of Open Road Alliance, and Denver Frederick, Host of The Business of Giving on AM 970 The Answer in New York City.
“This data suggests that the biggest barriers to effective impact and the greatest pain points for nonprofits and social enterprises are their own funders.” I expect this news comes as a shock to many funders, who are generally trying to affect positive change in the world. But at Open Road Alliance, unfortunately, this finding didn’t come with too much surprise.
This week, I read the Road Block Analysis Report by the Open Road Alliance that shows that the biggest barrier nonprofits face is…our very own funders. In fact, according to the executive summary.
A new report finds that the largest cause of damage to nonprofits’ missions is the demands of the people funding the projects.
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 article is the final in a four-part series sharing what Open Road Alliance has learned about risk management in philanthropy and how the organization has evolved over the past five years to better address the need for fast, flexible contingency funding in the sector.
Open Road Alliance knows disaster is just one missed donation away for many nonprofits. Now it’s offering a lifeline.
The fund is designed to help organizations withstand one-time cash crunches
Open Road Alliance, a philanthropic initiative that seeks to preserve impact in the social sector, today announced the launch of Open Road Ventures, a new fund that will disburse at least $50 million in loans to nonprofits and social enterprises over the next five years.