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Sunday, December 22, 2024

Higher Giving Requires Nonprofit Trade Overhaul



Higher Giving, a nonprofit devoted to equipping charities with the monetary instruments wanted for sustainability, launches its Higher Giving Manifesto, a daring declaration for change in how nonprofits entry funding and assets on-line.

The manifesto, titled “Equipping Nonprofits for Monetary Independence and Autonomy”, challenges present nonprofit fundraising practices, highlighting systemic obstacles that go away many nonprofits struggling.

It advocates for 3 key rights for all nonprofits: monetary self-sufficiency, equal alternative, and organizational autonomy. The manifesto calls on the sector to offer higher entry to long-term monetary options and expertise.

“Proper now, nonprofits are trapped in a cycle of dependency, pressured to navigate outdated programs and restrictive funding practices,” stated Chauncey St. John, Founder and President of Higher Giving. “We consider that true change comes when nonprofits have management over their funds and entry to the suitable instruments. Our Sustainability Fund is only one approach we’re working to make monetary autonomy a actuality.”

The Downside with On-line Fundraising As we speak

In its manifesto, Higher Giving outlines the challenges charities face when attempting to fundraise on-line. Nonprofits are sometimes sidelined by excessive donation processing charges, restrictive fiscal practices, restricted entry to donor bases and restricted digital donation routes. These obstacles stop them from attaining long-term monetary well being.

Higher Giving’s Sustainability Fund, which boasts a mean annual return of 4-24% relying on the alternatives made, affords nonprofits a brand new avenue for development and addresses the considerations on the manifesto. By permitting organizations to develop their monetary reserves whereas benefiting from free donation processing, together with digital, DAF and Crypto donations and cutting-edge monetary instruments, Higher Giving supplies a lifeline to organizations trying to break away from the constraints of conventional, typically paper primarily based funding.

“We’re not simply offering an answer—we’re shifting your entire paradigm,” added St. John. “Our platform provides nonprofits of any dimension the possibility to avoid wasting, make investments, and thrive. That is about leveling the enjoying discipline so that each charity, no matter dimension or location, can fulfill its mission.”

Supply: Higher Giving

The previous press launch was offered by an organization unaffiliated with NonProfit PRO. The views expressed inside don’t straight replicate the ideas or opinions of the workers of NonProfit PRO.



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