Jul

23

2013

New Sources of Nonprofit Revenue

 A post by James V. Toscano This post is dedicated in memory of Ron McKinley. For a few years now, these posts have been pointing out the need for new sources of nonprofit revenue. Now, in the Chronicle of Philanthropy, under the headline, “Social-Service Groups Won’t Survive Without New Sources of Revenue” Diane Aviv, the CEO of Independent Sector, and Antony Bugg-Levine, the head of the Nonprofit Finance Fund, agree. When national leaders make these kinds of announcements, it is clear that the sector is, indeed, undergoing seismic change. Read their words, “The financial base that underpins the social-service system…

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