Rebuilding Nonprofit Infrastructure Post Covid


credit:

A new report from accounting and consulting firm BDO USA finds that US nonprofits are stronger and more effective than they were just a few years ago.

The report, which surveyed 250 nonprofit leaders, found that 52% of them reported an increase in revenue during their most recent fiscal year and 59% anticipate their revenue will increase further during the next 12 months.

More specifically, 73% said they plan to "meaningfully expand or shift the scopes of their missions" over the next 12 months.

Other areas where spending increased include technology (52%) and risk management and compliance (45%).

"Following a few years of investment in their technology, infrastructure, and internal resources, many nonprofits now have the revenue, organizational culture, and donor networks to execute plans to deepen, and perhaps transform, long-term impacts on the communities they serve," says Andrea Espinola Wilson, managing principal and co-leader of BDO's Nonprofit & Education practice, in a statement.

When it comes to technology, 82% of the survey respondents reported using artificial intelligence in some capacity, including for financial tasks (53%), program optimization and/or impact assessment (43%), and organizational strategy (40%).

Read the Entire Article


Selected Grant News Headlines

A customized collection of grant news from foundations and the federal government from around the Web.

Firm Climate Investment: A Glass Half-Full

Over half of firms expect climate change to have a positive impact on their investment.Around two-thirds of these investments are expected to be in addition to normal capital expenditure.Larger firms...more

African Economic, Management Experts Call For Catalytic Capital to Develop Region With $100 ...

Catalytic Capital Africa (2CAfrica) Campaign's Impact was the theme of the West Africa Deal Summit / 7th Annual Convening on Impact Investing.Pan-African corporate leaders spotlighted four strategic...more

Islamic Development Bank Announces Grant Allocation of $10 M to Who to Implement ...

Islamic Development Bank announces grant allocation of $10 M to WHO to implement Health Impact Investment Platform.The $10 million grant from IsDB will specifically support the technical assistance...more

Partnering For Impact: Change the Course of Stem Education

Henkel Researchers' World is a global educational initiative with the goal to spark interest in science among elementary-school-aged-children.STEM education equips students with critical thinking,...more

Govt Launches Climaventures to 'Catalyse Capital' For Local Climate-Tech Startups

Climaventures aims to "catalyse capital" for local climate-tech startups.$50 million project unveiled in Islamabad designed to attract private investment in climate ventures.Pakistan listed among the...more

Africa's Impact Investing Revolution Drives Growth and Innovation

Africa is witnessing a transformative wave of impact investing and entrepreneurship, driven by innovative founders and supportive investors who believe in the continent's potential.The narrative of...more

Impact Investing: Tales From the Front Lines 2025 €“ Tokyo €“ Events

Impact Investing: Tales from the Front Lines 2025 is the first event of this series in Asia.The event will be in a mix of English and Japanese.The panel will feature investment management partner...more

Nigeria's $1Bn Wholesale Impact Investment Fund Excites Pfas

The Wholesale Impact Investment Fund (WIIF) aims to address the critical financing gap faced by Micro, Small, and Medium Enterprises (MSMEs) The WIIF is positioned to drive long-term economic growth,...more

Bridging the Health Gap: Strides in Financing Africa's Future

A resilient health system in Africa will require collaboration among governments, development agencies, private sectors, and local communities.Despite the rise of impact investing, only a small...more

Impact Report: Real Estate Funds At A Glance

Phenix Capital Group has released its latest Impact Report: Real Estate Funds at a Glance.The report highlights trends, growth, and sustainability goals within the real estate investment sector.The...more



Social Entrepreneurship
Spotlight



Social Enterprise Piles Textbooks for Change


Textbooks for Change, a London-based social enterprise that has obtained the B Corporation seal for positive social and environmental impact, is seeking investors that would be helping the company expand.



Federal Government Grant and Assistance Programs


Project Grants and Cooperative Agreements for Tuberculosis Control Programs | Promotion of the Humanities_Challenge Grants | Centers for International Business Education | Improvement and Repair of Indian Detention Facilities | Road Maintenance_Indian Roads | Biomass Crop Assistance Program | School Breakfast Program | Beach Erosion Control Projects | | Site Style by YAML | Grants.gov | Grants | Grants News | Sitemap | Privacy Policy

Edited by: Michael Saunders

© 2008-2024 Copyright Michael Saunders