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//November 30, 2023
In a close call captured in this humorous image, a boot hovers precariously over a banana peel, humorously depicting the risks nonprofits take with an overreliance on grant funding. The playful metaphor encourages a lighthearted examination of the potential dangers of relying too heavily on a single funding stream. As the boot teeters on the edge of a slippery surface, nonprofits face a similar challenge when grant funding becomes their primary support. This whimsical representation serves as a friendly reminder to nonprofits to watch their step, diversify their funding portfolio, and navigate the fundraising landscape with agility and foresight. The image encapsulates the importance of avoiding financial banana peels and fostering a well-rounded approach to ensure long-term success and stability for nonprofits.

Six Pitfalls of Overreliance on Grant Funding for Nonprofit Organizations

30 Nov 2023
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For nonprofit organizations, securing grant funding can provide a significant boost to their financial stability and capacity to implement impactful programs. However, there are drawbacks to relying too heavily on grant funding. Here are six reasons why organizations should...

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