Finding Money, Beyond Grants.
Posted Monday, February 6th, 2012With the current stagnant funding environment, many non-profits are desperately looking ways to stay afloat, while trying desperately to not cut programs or closing their doors. Non-profits that had been around for decades are facing the possibility of foreclosure or bankruptcy because all their revenue eggs were kept in the grant funding basket. The remaining organizations are scrambling to ensure that they don’t face the same outcome as their former contemporaries.
Here are some tips to help you weather our current economic reality:
Collaborate
Collaboration can help your organization reduce expenses, expand reach, and increase resources.
Find other organizations that serve a similar population as your organization and partner with them on things such as: marketing, grant-writing, fundraising, services, etc. Partnering will help dramatically reduce costs, and increase resources through collaboration.
Innovate
Now is the time to put on the thinking hats and start brainstorming. Entertain any and all ideas, and encourage new paradigms. Start from scratch by looking at your organization from a completely fresh perspective. Doing so just might lead to discoveries like, no longer receiving funding from one source, opens up other sources that you didn’t qualify for before.
Read entire column here
Palkin Zed is the president of JD ROW Inc, a marketing and business development company, and the Executive Director of Project Solution, a nonprofit for Homeless and Low Income Youth in Reno. Palkin is also Vice President of Grants for NCET, Nevada’s Center for Entrepreneurship and Technology.




















When I started at NCET in 2006, the Governor’s Cup competition was the only college business plan competition in town. Just six years later, Nevada’s college and university students can enter business plan competitions at
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