In an article on Forbes the head of a philanthropic education firm posits that foundations could benefit the field and nonprofits from taking a more holistic approach in their funding strategies.
Nonprofits are often confronted with similar management challenges in addressing the issues in the communities they serve, but because of lack of scale they often as efficient as they might be in their operations. If foundation funders took a broader view of the collection of nonprofits that they fund they might be able to provide a shared-services model for overhead operations that would increase their efficiency and boost overall performance of those nonprofits.
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Employers For Childcare Charitable Group (EFCG), a Lisburn-based charity, has been crowned top Social Enterprise at the Ulster Final of 2014’s Ulster Bank Business Achievers Awards. EFCG seeks to “make it easier for parents with dependent children to get into work and to stay in work.”