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5 Ways Nonprofits Can Diversify Funding in 2023

Nonprofit Tech for Good

Diversifying your funding is critical to your nonprofit’s stability and ability to achieve your mission. With the ups and downs of the past few years, many nonprofit organizations that were heavily dependent on just one or two funding sources found themselves in a tight spot. Peer-to-Peer and Team Fundraising. Major Gifts.

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Strategies for Impactful Grantmaking During Funding Uncertainty

sgEngage

When there is a flurry of activity that affect the entire industry, such as policy changes that disrupt current and potential funding for hundreds of organizations, you need to take the time to understand the risks for your organization and your grantees. Connect organizations to share resources and make introductions where applicable.

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Nonprofits get $10 million grant from Google to expand AI

Mashable Tech

Google.org , the tech giant's philanthropic arm, is investing millions of dollars into getting nonprofits up to speed on generative AI , part of a massive funding effort to empower organizations to adopt the tech, including Google 's own AI offerings. This spans industries including education, health, workforce readiness, and more," she said.

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[Breaking News] An Extraordinary Funding Opportunity For Nonprofits To Preserve Local Journalism

Bloomerang

Nonprofits focused on the preservation of local journalism are being called to step up, and many of the country’s largest private foundations have announced $500 million in funding over five years to support them, an extraordinary initiative called Press Forward. What’s the problem? Press Forward seeks to stop and reverse that trend.

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Lessons from the 2024 Atlantic hurricane season: What philanthropy can do better

Candid

In Sarasota County, it destroyed million-dollar homes on barrier islands, impacting the donors nonprofits and foundations rely on for disaster relief funding. It also hit manufactured housing communities, home to many in the tourism and service industries that drive the states economy.

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The most innovative companies in economic development for 2025

Fast Company Tech

Others found ways to expand the opportunities within existing hometown industries: NCBiotech built pathways to bring more local residents into the Research Triangles booming life sciences sector. The citys locally owned Orion Amphitheater , the nexus of the $2.2 billion Midcity development, has become a strong tourist draw.

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A $500 Million Pledge to Support Local News

Non Profit Quarterly

Image credit: Jon Tyson on Unsplash The decades-long decimation of local news—and the dangers that the trend poses for public oversight, an informed citizenry, and democracy itself—remains very much underway. Since 2005, some 2,200 local newspapers have closed, according to a press release by the MacArthur Foundation.

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