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A little more than a year ago, I made a controversial statement on this blog: that institutional funders do not have to defend or explain why multiyear general operating support (MYGOS) is not their primary form of funding. In that CEP blog post last year, I argued...
The term “nonprofit starvation cycle” describes the experience of many nonprofit organizations that struggle financially because most of their funding comes from project grants with strict limits on paying for indirect costs (or overhead). The cycle has plagued the...
How many of us have read multiple reports and articles that encourage foundations to provide more unrestricted and multiyear grants? And how often are we reminded that the shift away from restricted project grants has made minimal progress? I’d like to make a friendly...