Why unrestricted funding? Two Barra Award winners dish on the benefits.
12/6/2017 |
Generocity’s Click here to read the full story.
All posts in Author: ITE | All posts
12/6/2017 |
Generocity’s Click here to read the full story.
12/6/2017 |
The Philadelphia Inquirer’s Culture Writer Peter Dobrin shined a light on 2018-2019 Barra Awardee BalletX. “It’s just a phenomenal gift, to be able to get general operating support,” said Christine Cox, artistic and executive director of BalletX. “Donors sometimes want to support specific projects, and often that can lead the organization to build too many tentacles. Having an acknowledgment of the work we’ve done from such a prestigious foundation is really gratifying and comes at a really critical time in our development as an organization.” Click here to read the brief.
12/5/2017 |
In line with its mission to invest in innovation in the social sector, The Barra Foundation has granted $2,150,000 in unrestricted funding to the recipients of its 2018-2019 Barra Awards, which acknowledge and advance exemplary nonprofit organizations in Greater Philadelphia. Forty-three organizations will each receive $50,000 in unrestricted funding over a two-year period. Since its 2013 inception, the Barra Awards has granted more than $6 million to area nonprofits.
“Without unrestricted capital, nonprofits have little margin for error or appetite for innovation. Through the Barra Awards we hope to provide organizations with some financial breathing room and their leaders with opportunities to learn from their peers—a diverse and inspiring network of entrepreneurial thinkers from across the nonprofit sector,” said Kristina Wahl, president of The Barra Foundation.
Read the complete Press Release.
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