Governments at all levels traditionally enter into agreements with nonprofit organizations to provide services to constituents. In previous years as much as one-third of revenue for 501(c)(3) public charities came from the government through formal contracts and grants. Government funding can be a highly strategic revenue source, but it is critical to understand the pros and cons of this funding and its impact on the culture of the organization.
What You'll Learn
After this course, you'll be able to:
- Describe the current government fundraising environment, the main sources of government funding, the main trends in government fundraising and the basic categories of government fundraising.
- Identify resources are available to support government fundraising and the key requirements for nonprofits to received government grants or contracts.
- Define the process for cultivating and securing government funding the types of funding opportunities best suited for government support and some of the unique stewardship and accounting issues related to government funding.