We’ve been hearing a lot recently about MacKenzie Scott’s grant making, including to some organizations that were not expecting the millions they received. Do you think your #nonprofit is “ready” to receive $5M or $50M in unrestricted grant funding tomorrow?
Today’s Fast Build Friday topic is substantial grant award considerations. Nic shares two key considerations to help an organization prepare for and effectively use a substantial grant.
Receiving a substantial grant award should not be the end of the story. You need technical assistance alongside substantial, unrestricted funding to help ensure an organization’s effective use of the grant. And you also need to consider the ecosystem in which the organization sits when determining how you will use the grant. These considerations are critical to advancing your vision of the change you want to see in the world.
What would you do with $5M? How would you prepare? Let us know in the comments!
You can watch Episode 36 below.