4 Things Every Nonprofit Needs
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4. A pitch for capital
Capital is money to build the nonprofit organization infrastructure, as opposed to revenue, which helps the nonprofit provide more services. Most nonprofits simply raise revenue, but few raise money to build a stronger, more effective and efficient organization. This kind of money is capacity capital. If more nonprofits put together a pitch to persuade funders to invest in organization building, we would start to see many more effective solutions to social problems grow.
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Nell Edgington
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Nell Edgington is president of Social Velocity.
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