At the November 2008 Weingart Foundation Board meeting, the Board made the decision to accelerate its focus on general operating support funding by adding the core support program in response to the economic downturn. The goal of this decision was to meet the need for nonprofits to secure unrestricted funding that would allow them to maintain and sustain core programs and services. While core support grants initially focused on critical "safety-net" providers, the program has since been expanded to all organizations that operate programs within the Foundation's overall grant focus of health, education and human services.
Unrestricted core support funding provides nonprofit organizations with the working capital necessary to sustain day-to-day operations and to build a well-managed and fully operational infrastructure. This is the type of support nonprofits need most to fulfill their missions as effectively and efficiently as possible - allowing them to build capacity and sustainability over the long-term. At the Weingart Foundation, we advance our mission by providing grants and other support designed to improve the capacity and sustainability of nonprofit organizations working in the areas of health, human services, and education, and will continue to prioritize unrestricted core support funding as part of our grantmaking program and strategy.
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Title: Unrestricted Core Support: Strengthening the Capacity of our Nonprofit Sector
Publication date 2012-04-01
Publication Year 2012
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