Community organizations are adept at being creative when it comes to doing more with less. By leveraging their extensive network of partners, Main Street and Connect Communities organizations can attract in-kind support to cover many expenses while programs and events generate revenue and attract sponsor dollars to help achieve their downtown vision.
This focus on fundraising for specific projects or events in the work plan means that many organizations are missing larger potential sources of funding that could sustain the mission and support initiatives not directly tied to revenue streams. Three types of funding that organizations would benefit from exploring include: individual giving, challenge events and endowments.
