New York Times: A Tool Kit for the Donor Eager to Grasp All the Risks of Donation
SOIL is proud to partner with the Open Road Alliance and was recently very pleased to participate in an interview with the New York Times about Open Road’s work to develop and share a “toolkit” for donors to encourage a healthy dialogue between funders and nonprofits about the realistic risks and potential roadblocks associated with projects and initiatives.
“Despite the likelihood of problems, leaders of nonprofit organizations rarely lay out the risks of their projects, lest any hint of failure scare away funders. On the flip side, donors often fail to dig deeply enough to discuss the obstacles a project may
encounter. Among donors, 76 percent don’t ask recipients about the risks they face, while 87 percent of nonprofit leaders said grant applications had no questions about risks, according to Open Road Alliance.”
Read the full article here.
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