Challenges in Resource Development for a Nonprofit Organization: J2RRINC.org

Challenges in Resource Development for a Nonprofit Organization: J2RRINC.org

Featured Figure 1

“The Grant Cycle” from Sargeant & George, 2014, p. 350, Figure 14.1)

Challenge 1: Competition for Limited Funding

     Most nonprofit organizations are competing for a small pool of donor funding, grants, and corporate sponsorships. As Sargeant and George (2014) report, not only can the “grant life cycle” (e.g., Figure 1) extend over an entire year from the bid submission, but a grantor will only award one grant per applicant per year. Therefore, it is not realistic to entirely rely on grants as a sole source of income for any organization. Diverse funding plans and financial backing to protect the company are the safest approach.

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