fbpx
Column 16:05 29 Nov 2021

Sources of funding: how do non-profit organizations receive funds for their activities?

Photo Unsplash

The work of non-profit organizations is extremely important for society because they are the ones who implement social projects and conduct information campaigns to solve problems in the areas where their activities are concentrated. However, the functioning of non-profit organizations depends significantly on external sources of funding, as their primary goal is social change, not profit. The vast majority of the charity's expenditures are aimed at developing the structure, so they need to develop strategies to attract funding from various sources that allow them to survive in the long run. What are the main ways of funding and donations for charities?

  • fundraising and individual donations

Fundraising campaigns play a very important role in the functioning of non-profit organizations, as they usually become one of the primary sources of their income. Such campaigns are held in various formats, such as via information stands, social media campaigns, or partnerships. Individual donors can make one-time or regular donations in several ways: through online services, the organization's website, or offline events. Moreover, it was estimated that of all donations made to nonprofits, 71% came from individuals.

You can support the activities of the NGO "Open Cages Ukraine" once or subscribe to the monthly donation by following the link

Джерела фінансування: як неприбуткові організації отримують кошти для їхньої діяльності?

This publication is available in Ukrainian and Russian. The English translation hasn’t been produced yet. Support us to make the translation faster - follow the link for instructions

MDN
3406

If you have found a spelling error, please, notify us by selecting that text and pressing Ctrl+Enter.

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.

Spelling error report

The following text will be sent to our editors: