CHAPTER EIGHTEENNONPROFIT FINANCE: DEVELOPING NONPROFIT RESOURCES
Dennis R. Young and Elizabeth A. M. Searing1
Nonprofit organizations finance themselves through a wide variety of sources that provide both monetary and nonmonetary (“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 ...
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