Core Funding
Public Interest News Network (PINN) is developing a core funding model designed to leverage public and philanthropic funding, place-based impact investing and community reinvestment. The plan include fiscal sponsorship and we are exploring Opportunity Zones and other investment opportunities for applicability. According to the Oak Foundation, core funding can provide flexibility, freeing nonprofit organizations to focus on their most pressing needs and support their own development.
https://oakfnd.org/what-evidence-is-there-on-the-impact-of-core-funding/
Core funding can also reduce the burden of managing restrictions and bespoke reporting requirements on both sides of the funder/partner agreement. The process should require and can also help to build trust-based relationships between nonprofit and philanthropic organizations.
Attribution to the Center for Effective Philanthropy and Capitalize Good for the core funding insight provided in the text above and the links below.
http://www.capitalizegood.org/
