Nonprofits should work towards diversifying its funding sources as much as possible in an effort to strengthen the organization’s sustainability and public support ratio, and to lessen the impact of a potential loss of significant amount of its funding from any one source.
Funding Sources
Grants
- Community Resource Center- Colorado Grants Guide: This fee directory is the most comprehensive database of funders that support Colorado-based community organizations. The website also provides access to the Colorado Common Grant Application and user’s guide that many funders require.
- GrantStation: This directory provides access to grant opportunities from all types of grantmakers. One good feature is the ability to search by type of support. Make sure to sign up for their free weekly newsletter that includes announcements of timely grant opportunities.
- Federal Grants and information regarding federal grants can be found on Grants.gov.
Sponsorships
- Local businesses, corporations and foundations give back to their community through sponsoring events, programs and organizations. Visit your local chamber of commerce website for a list of businesses in your area.
Earned Income
Disclaimer
These articles, samples, and resources are offered for informational purposes only and should not be construed as professional advice. If used, your organization should tailor samples to best fit the organization’s specific circumstances. We encourage your organization to seek appropriate professional assistance as needed.