A third of U.S.
nonprofits get more than half of their funding from government grants.
Government cancellation of travel and meetings can have a cascading effect on other organizations.
Make increasing privately funded grants, sponsorships and non-government sources of funding a goal for 2025 and beyond to limit your organization's risk, says Robert Kraus, founder of NonProfit PRO.
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Monika Mitchell, founder of Good Business New York, asks, Do You Have What it Takes to Be a Social Entrepreneur? She lists down the five P’s essential in every entrepreneur: Passion. Purpose. Plan. Partner. Profit.