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Financing
Many people equate sustainability with obtaining additional program funding.
Although money may be required to sustain your program's positive outcomes,
it is possible to sustain outcomes without any funding beyond the original grant,
or with far less funding than the original grant provided. Financial planning will
enable you to identify what resources you need to sustain program outcomes.
How can finance strategies other than grant funding sustain your program? Grant funding may give you the chance to demonstrate your program's worth to local funders such as private foundations or county boards, or the time to create third party payment mechanisms for a service. Non-profits are using an increasing array of revenue-generating, fund raising strategies to support previously grant funded programs.
For examples of how grantees have used Financing as a sustainability tool, read these Grantees at Work stories:
Click on any of these listings for more information:
Understanding funding streams (local, state, federal)
2003 state-by-state Medicaid fact sheets (Fact sheet) http://www.kff.org/mfs/index.jsp
Channing Bete Company (Web site)
http://channingbete.com/
Federal activities addressing violence in schools (Web site)
http://www.cdc.gov/HealthyYouth/injury/pdf/violenceactivities.pdf
Financing mental health for children and adolescents (Report)
http://smhp.psych.ucla.edu/pdfdocs/briefs/FinanceBrief.pdf
Forecast of funding opportunities under the Department of Education discretionary grant programs for fiscal year (FY) 2007 (Web site)
http://www.ed.gov/fund/grant/find/edlite-forecast.html
Grants.gov (Web site)
www.grants.gov
Guide to education programs (Web site)
http://www.ed.gov/programs/gtep/index.html
Information on federal funding for youth-focused mental health and violence prevention programming (YVPP Teleconference, 10/26/04)
http://www.promoteprevent.org/documents/Funding sources for YVP
grantees 10-26-04.doc
Research and Funding (Web site)
http://www.nimh.nih.gov/ResearchFunding/index.cfm
Office of Juvenile Justice and Delinquency Prevention: Funding (Web site)
http://ojjdp.ncjrs.org/funding/funding.html
Securing foundation grants
Associated Grant Makers (Web site)
http://www.agmconnect.org/
Channing Bete Company (Web site)
http://channingbete.com/
Foundation Center (Web site)
http://www.foundationcenter.org/
Grant guide (Web site)
http://www.nc4hc.org/grants_welcome.htm
Grant Proposal.com (Web site)
http://www.grantproposal.com/
GuideStar (Database)
http://www.guidestar.org/
Thomas B. Fordham Foundation Web site
http://www.edexcellence.net/foundation/global/index.cfm
U.S. Department of Education: Grants and contracts (Web site)
http://www.ed.gov/fund/landing.jhtml?src=ln
Connecting with businesses
Channing Bete Company (Web site)
http://channingbete.com/
The Collaboration Challenge: How nonprofits and businesses succeed through strategic alliances
http://media.wiley.com/product_data/excerpt/06/07879522/
0787952206.pdf
Developing sources of revenue
Channing Bete Company (Web site)
http://channingbete.com/
Funding Sources: Distance Learning Courses (Web site)
http://www.northeastcapt.org/PRODUCTS/faq/faq54.html
Creating Dedicated Local Revenue Sources for Out-of-School Time Initiatives (Guidebook)
http://www.financeproject.org/Publications/Brief1.pdf
True Sustainability: A New Model to Aid Nonprofits in Developing Self-Sustaining Revenue Streams (Article)
http://www.guidestar.org/news/features/sustainability.jsp
Leveraging resources
Finding Funding for injury and violence prevention: An overview (Report)
http://notes.edc.org/HHD/CSN/csnpubs.nsf/0/07f12e066bff841c852570
91005d9058/$FILE/FUNDING.pdf
Funding a full continuum of mental health promotion and intervention programs in the schools (Report) - full text not available
http://library.promoteprevent.org/item.php?id=118549&catid=116373
Healthy Youth Funding Database (Web site)
http://apps.nccd.cdc.gov/HYFund/
Thinking Broadly: Financing Strategies for Comprehensive Child and Family Initiatives. 2002. (Guide/Publication)
http://www.financeproject.org/Publications/ThinkingBroadly.pdf
Creating a financial plan
The Finance Project. Profiles of successful financing strategies. (Toolkit)
http://www.financeproject.org/irc/ost/profiles.asp
The Finance Project. Cost worksheet for out-of-school time and community school initiative (Worksheet)
http://www.financeproject.org/costworksheet.pdf
The Finance Project. Thinking broadly: Financing strategies for comprehensive child and family initiatives (Guidebook)
http://www.financeproject.org/Publications/ThinkingBroadly.pdf
The Finance Project. Sustaining comprehensive community initiatives: Key elements for success (Report)
http://www.financeproject.org/Publications/sustaining.pdf
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