Writings by Randall

Recent research shows that over half of federally funded nonprofits now face financial instability, highlighting the risks of relying too heavily on a single funding source. Nonprofits that concentrate revenue from one grant, donor, or sponsor are vulnerable to sudden cuts that can jeopardize programs, staff, and community impact. Revenue diversification, across individual giving, corporate partnerships, earned income, and planned gifts, reduces risk while creating opportunities for growth and innovation. For leadership and boards, making diversification a strategic priority is essential to building resilience and ensuring mission continuity.