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The Jossey-Bass Handbook of Nonprofit Leadership and Management, 4th Edition by David O. Renz

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CHAPTER NINETEENNONPROFIT FINANCEDEVELOPING NONPROFIT RESOURCES

Dennis R. Young and Jung-In Soh

Nonprofit organizations finance themselves through a wide variety of sources that provide both monetary and in-kind resources. This is one way in which nonprofits distinguish themselves from business or government organizations. Nonprofit sources include fee revenues, charitable contributions, government funding, returns on investment, and volunteer and in-kind contributions. Thus nonprofit finance involves much more than traditional charitable fundraising. Rather, it requires cultivation of several of these sources, as well as finding the right mix of sources for organizations in different fields of service, with different missions, and in different ...

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