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BSHS 373 Week 5 Discussion Question 1

What are the different sources from which nonprofit organizations may seek funding? How might you determine whether a source of funding is appropriate for an organization?

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Funding sources for nonprofits vary depending on what type of service offered by an organization. The major sources of nonprofit funding are from the government or private foundations. Government funding is federal, state, or local and can be in the form of a contract, grant, or cooperative agreement. Non profits seeking government money can reference the Catalogue of Federal Domestic a listing of all of the federal human service and non-human service programs that offer assistance to non profits. Private foundations are classified into five distinct categories that include: family, business, general interest, special interest, or community. Family foundations tend to be named after a family member and are funded originally through donations from the family that the foundation is named after, e.g. Bill & Melinda Gates

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