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Does Revenue Diversification Actually Work for Nonprofits?

Peak Proposals

There’s no question that several sources of income provide better financial security than having a single source. The downside of these partnerships (mostly on the nonprofit side) is that they can be time consuming and costly to cultivate. Regardless of the approach, trying to secure a corporate partner is not going to be cheap.

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Finding Funding for Research

Peak Proposals

If you lack preliminary data, you may want to hold off applying for external funding and focus instead on securing internal (institutional) funding to collect preliminary data. It is also not a database that caters to the research community, although the database does include foundations and government agencies that fund research.