The bottom line is clear: foundations and philanthropists are absolutely indispensable throughout the entire scaling journey. But it’s not just about providing funding – it’s about providing the right type of funding.
And this calls for serious reflection among funders.
“Everyone knows that short-term, restricted funding is less beneficial for organisations, while long-term, flexible funding is what’s needed to create transformative change. But funders generally perceive this approach as more risky.”
That risk is something funders must be willing to take if they truly want to create impact.
Our Managing Consultant Alice Metcalf, talked to Impact Insider about the lessons revealed by our Securing Nonprofit Funding report, unpacking the challenges of scaling impact and the crucial role of philanthropy in enabling success.
