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RE: Those in Glass Houses Should Keep Windex Handy: The Need to Maintain Cultural Nonprofits' Facilities
As we read in the TDC report Capitalization, Scale, and Investment:
Does Growth Equal Gain? (pdf):
the total amount of funds to be raised is staggering. Just among our 38 informants, we tallied an estimated combined fundraising campaign goal of nearly $1.4 billion...
And that's for capital projects, including deferred maintence, not for ongoing operations. Just imagine funders with tens of millions to give away. They must be fraught with anxiety as to how even their much larger amounts might put a dent in the needs of the community.
The question seems to be for us: How do we square our small pot of funds with the gargantuan capital needs out there?
Is there anything we can do to be more strategic?
These are all excellent points and I thank you for raising them!
One thought I had is that, should this be something towards which we would like to put the funds, recipients could use it to fund an intern or employee to write additional grants to help an institution come closer to meeting their funding needs.