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Entrepreneurial and Small Business Operations

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James Madison University

Journal

2019

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Full-Text Articles in Business

The Funding Of Start-Up Nonprofits: An Exploration Of Funder Perceptions, Attitudes, And Advice, Christina George Jul 2019

The Funding Of Start-Up Nonprofits: An Exploration Of Funder Perceptions, Attitudes, And Advice, Christina George

VA Engage Journal

With the rapid expansion of the nonprofit sector, there is approximately 43 percent of nonprofits that are not surviving past five years of operation. As there are many misconceptions about start-up organizations, this may affect their growth and financial viability. A qualitative study was conducted to understand the perception of start-up nonprofit organizations and how that may influence funder giving behaviors. Interviews were administered with three funders of Greater Richmond area foundations and corporations. Five major themes were developed from the findings to include mission alignment, life cycle stages, perception, elimination of bias, and organizational barriers and common mistakes. Funder …