Giving Compass’ Take:
• The Pollination Project (TPP) coordinates ladder funding with its grantees by providing support for local leaders that allows them to take necessary steps to engage with donors.
• How is this approach beneficial for both local organizations and funders?
According to the National Center for Charitable Statistics, there are more than 1.5 million charitable organizations in the United States. Despite the many different forms they take, all of them have something in common: a desire to create meaningful change in the world. Yet despite this commonality, nonprofits have a tendency to operate in silos. Some years ago, that realization led me to a question: What might happen if like-minded funders actually worked together to bring about the change they wished to see in the world?
As the executive director of The Pollination Project (TPP), a public nonprofit that provides seed funding to early-stage grassroots projects around the globe, the question is particularly germane. We believe there is significant untapped wisdom and power in solutions that emerge and grow from the bottom up. We use the money we raise to support a vibrant grassroots community of global changemakers who seek to spread compassion for the benefit of all.
Imagine providing a step stool, or ladder, to project leaders that enables them to reach new heights in their levels of engagement with donors and supporters. As an organization that provides seed funding to early-stage projects, TPP is the “bottom rung” of the ladder.
Sometime after project leaders have received $1,000 in seed funding from us, we evaluate them based on the impact of the work they have done and their alignment with the values and priorities of TPP partners who may be able to provide additional funding in support of their longer-term goals. If we see a match, we connect them directly to those partners, thus helping them climb the ladder of funding.
The model has many advantages, for both project leaders and funders.
Read the full article about ladder funding by Ajay Dahiya at PhilanTopic.
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