01/27/2022

Do They Still Need Our Money?

That’s always the wrong question

A whole bunch of organizations have gotten a whole bunch of money of late. Mackenzie Scott is on fire, spending billions on a wave of grants to hundreds of organizations, more than doubling the budgets of a few. Funder collectives like Audacious, Blue Meridian and Co-Impact are making an increasing number of big bets, doing multi-year grants well into the eight figures. There's plenty of reason to believe the trend will continue.

It's great. These people really want to solve problems. But when one of these big grants lands on an organization, other funders often ask, "So, do they still need our money?"

That's the wrong question. The right question is this: "Can they still create a lot of impactwith our money?"

Please select this link to read the complete article from SSIR.