Financing Nonprofits

Book excerpt: Nonprofits often struggle financially, overwhelmed by the need to muster a complex combination of income streams that range from grants and government funding to gifts-in-kind and volunteer labor. Financing Nonprofits draws upon a growing body of scholarship on the economics and organizational theory of nonprofit organizations to offer a set of practically applicable principles that can guide nonprofits towards firmer financial ground. Organized under the auspices of the National Center on Nonprofit Enterprise, Financing Nonprofits is both an invaluable resource to nonprofit leaders and an ideal classroom resource for students of nonprofit finance.