Non profit management - Non Profit Management ? Getting Funds ...

After you get approved to start a non-profit organization, you feel relieved. Since your organization has been officially approved, you are probably thinking that it is the end of your problems. But now, the challenge is on managing the organization. Non profit management involves careful planning and can prove to be quite a challenge. You need to raise money to be able to actualize the objectives of your organization. With no track record and basically a newly found organization, getting funds is never easy. When it comes to raising money, getting grants for non profit organizations is one option that non-profit organizations may want to consider.

Non profit grants can come from different sources. Grants can be given by individuals, businesses, international organizations, government and many others. They may not be a stable source of funding and you may still have to look for other ways to get funds, but when obtained, nonprofit grants can be a big help for the organization. Nonprofit grants are basically classified into three groups namely, restricted grants, unrestricted grants and in-kind grants. Restricted grants can be used only for purposes as stated in the grant proposal while unrestricted grants can be used for any purpose. Unrestricted grants can be used not just to accomplish goals but also for everyday expenses for the organization. In-kind grants on the other hand are given not in the form of money. Free products and services are given instead such as equipment, tools, and many others.

Getting grants however may not be easy especially for newly found organizations. You need to meet specific requirements and qualifications before you can get grants. If you need help managing the finances of your organization, you can find help with Community Initiatives. You can contact them through this address: 354 Pine Street, Suite 700, San Francisco, CA 94104

Source: http://scottgetchell.com/non-profit-management-getting-funds-through-non-profit-grants/

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