Sami KernUnderstanding unrestricted vs. restricted funds is crucial for financial planning, sustainability, and providing the flexibility nonprofits need to cover operational expenses and respond to emerging challenges.
Sami KernUnrestricted funds give nonprofits financial flexibility for operations, salaries, and innovation allowing for adaptability and resilience. Nonprofits should build donor trust, diversify revenue, and highlight impact to attract more funding.
Danette O'ConnellNonprofit Collective Foundation's mission is to empower US-based nonprofits through unrestricted funds, mentoring, networking, and grant-writing while aiming to expand their reach, operate more efficiently, and create impacts in their communities.