Diversify Your Nonprofit’s Revenue

Sustainable Culture

bethany m. planton, gpc

Note from bmpconsulting: This post was originally published on DH Leonard Consulting on April 14, 2017. Reposted with permission.

Grant funding is ultimately awarded to nonprofits that are sustainable. Grantmakers don’t want to fund a sinking ship. When reviewing your grant application, a grantmaker is going to be assessing whether your nonprofit is capable of withstanding major and minor changes in funding. Is the project/program solely dependent on grant funding and specifically our funding? Does the nonprofit have a diverse revenue stream?

Revenue is the amount of money your nonprofit receives. There are many types of revenue a nonprofit might receive.

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bethany m. planton, gpc

Bethany Planton, GPC, is the Founder and CEO of bmpconsulting, a capacity building firm located in Louisville, Kentucky. Bethany helps nonprofit leaders and grant professionals build and maintain strategic and sustainable nonprofits AND have fun along the way.

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