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How to adjust to projected nonprofit funding shortfalls

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500 words. I am a nonprofit. This is where my funding comes from. 20% fundraising. 60% from a government specific program. 20% from sliding scale fees for services we provide. My government specific funding of 60% is slated to be cut by 30% in the next fiscal cycle. How do I respond to this cut and what can I do structurally in my organization to respond?

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This solution describes how to adjust to projected nonprofit funding shortfalls.

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In a situation of this nature, I think that the best way to respond to this cut would be to place a greater emphasis on a different means of attaining funding than the funding received from the government specific program. What this essentially means is that the most effective means by which to maintain the funding level that will be cut from the government specific program, would be to increase the funding that is raised from fundraising efforts. Therefore, in the next fiscal year the 30% reduction in the government specific funding would mean that the nonprofit funding from this government specific program would now be 30% of the total funding that the nonprofit receives. In order to offset this reduction and to stabilize the funding of the nonprofit, the funding that is obtained from fund raising would be increased to ...

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Marcel Parker, MPA
Education
  • Criminal Justice, Elizabeth City State University
  • Master of Public Administration, North Carolina Central University
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