Testimony by an Anonymous Author
The only large (for us) restrictive grant we have ever made was to an organization on whose board I sat. The CEO approached me as he believed the organization was at a stage where they needed extra fundraising capacity and the board was not in agreement. He asked whether I could restrict my year-end grants, for two years in a row, to fund the hiring of a development director, which I did. Needless to say, the woman he brought in had more than paid for herself by the end of the first year. So that was a really interesting learning for me about the potential to leverage significantly more funding from a restricted grant.
Publisher’s Note: While in some cases hiring a development person can bring about extensive outcomes, doing so comes with its own unique risks.
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