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Strategies to Secure Sustainable Funding for Nonprofit Organizations

There are 1.4 million active nonprofit organizations in the United States; however, funding sustainability often forces nonprofit senior leaders into closure, which can lead to increased unemployment and decreased services provided to local communities. Nonprofit senior leaders seek help from scholars, at times, to identify strategies to secure sustainable funding sources, improve the sustainability of funding, or prevent or reverse losses of funding to their organizations. Through the conceptual lens of the general systems theory, the 2015-2016 Baldrige Excellence Framework and Criteria, and single- and double-loop learning, this single-case study explored strategies used to secure sustainable funding for nonprofit organizations from businesses, foundations, and individual donations. Through a purposeful sample of 3 senior leaders of a small nonprofit organization located in Baltimore, Maryland, data collection occurred through semistructured interviews, a review of public and internal documents, as well as performance outcomes. Through thematic analysis, 4 themes emerged: process strengths, process opportunities, results strengths, and results opportunities. Identifying strategies to secure sustainable funding may assist nonprofit senior leaders when struggling in an environment in which the supply of critical resources is low. The findings have implications for positive social change for nonprofit senior leaders and the community. Nonprofit senior leaders that secure sustainable funding may offer a positive influence in communities by reducing unemployment, creating new jobs, providing tax payments, promoting philanthropy, and improving lives.

Identiferoai:union.ndltd.org:waldenu.edu/oai:scholarworks.waldenu.edu:dissertations-5912
Date01 January 2017
CreatorsHardy, Jasmine Y.
PublisherScholarWorks
Source SetsWalden University
LanguageEnglish
Detected LanguageEnglish
Typetext
Formatapplication/pdf
SourceWalden Dissertations and Doctoral Studies

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