Hidden in Plain Sight: Understanding Capital Structure

Could a $1 million challenge grant be a bad idea? If your organization isn’t staffed to raise the match, or if the grant comes with too many restrictions, it could do more harm than good. Understanding your capital structure is key to making wise decisions about any major change to your balance sheet. Clara Miller explains the elements of capital structure and why this often-overlooked element of financial planning deserves greater attention.

Welcome | Spring 2003

Legendary humorist Rube Goldberg rates an individual entry in Webster’s New World Collegiate Dictionary (4th Edition): “U.S. cartoonist of comically involved contrivances; designating any very complicated invention, machine, scheme, etc., laboriously contrived to perform a seemingly simple operation.” One of our favorite Goldberg “inventions,” a Modest Mosquito-bite Scratcher, is a device employing springs, levers, an

The Challenge with Fundraising Costs and Multi-Year Grants

Large multi-year grants may take years of consistent effort to secure, but if a grant arrives in a lump sum, it will have to be reported as revenue that year, causing fundraising costs to appear much higher as a percentage of revenue in non-receipt years. Be sure to explain this fluctuation to your funders.

Nonprofit Quarterly | Civic News. Empowering Nonprofits. Advancing Justice.
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