Why NGOs Must Rethink Their Funding Strategy Now More Than Ever
If there was ever a time for NGOs to take a hard look at their funding strategies, that time is now. Many organizations have been operating under a donor-dependent model, relying almost entirely on grants and philanthropy to sustain their missions. But with recent shifts in global funding policies, many NGOs have seen significant funding cuts that have deeply impacted their ability to carry out conservation and development work worldwide. This reality raises an urgent question: how can NGOs build a more resilient funding model that ensures long-term impact? I trullyu belive the answer lies in diversification, blended finance, and innovative income-generating approaches. NGOs that fail to adapt risk stagnation, while those that rethink their financial strategies can thrive despite uncertainty. As Darren Walker, President of the Ford Foundation, puts it: "Nonprofits must become more entrepreneurial in their approach to sustainability, embracing new models that reduce dependency on ...