The role of grant funding in the nonprofit sector far outpaces the rate of individual giving.
The National Council on Nonprofits3 reported that in 2019 the sector earned more than 80 percent of its revenue through fees for services and government contracts and grants.
Most grant professionals are not involved in strategic planning or goal-setting, and many are simply instructed to bring in more grants.
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According to a Private Capital, Public Good report recently released at the White House from a group of A-list impact investing and social enterprise specialists, the U.S. government can do a lot to spur the growth among the impact investing and social enterprise sectors.