Nonprofit Funding

Nonprofit funding refers to the money a nonprofit organization receives to support its mission and programs. This funding can come from various sources, including donations from individuals, grants from government agencies or foundations, corporate sponsorships, special fundraising events, and revenue from services or products they offer. These funds are used to cover expenses such as staff salaries, program delivery, and operational costs. Since nonprofits aim to serve the public good rather than generate profit, sustainable funding strategies are essential to ensure they can continue their work effectively.