Five Ways to Maximize Your Grant Funding

It's a challenging time for nonprofit organizations. There is more need in every community, but less overall funding to help organizations deliver programs. A majority of nonprofit leaders anticipate greater demand for services, yet many of them are unsure their organizations will be able to meet this demand. Funding shortages are driving staffing reductions, and many organizations find themselves with little to no cash reserves.

In this financial environment, your organization needs to operate as efficiently as possible, as well as pursue all appropriate sources of additional funding.

Austin, Texas-based The Arc of Texas advocates for the inclusion of the more than half a million Texans with intellectual and developmental disabilities in all aspects of society. The organization is supported by three major grants and several entrepreneurial funding sources. Camille Atkins, The Arc's chief financial officer, says, "Grantees face ...