http://www.philanthropissed.net/2009/04/02/fundraising-should-be-an-allowable-expense/ a love/hate relationship with the nonprofit sector Thu, 14 Jan 2010 20:39:16 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://www.philanthropissed.net/2009/04/02/fundraising-should-be-an-allowable-expense/comment-page-1/#comment-2 MJG Fri, 03 Apr 2009 02:49:21 +0000 http://www.philanthropissed.net/?p=46#comment-2 Hmmmm... that's kind of like a young start up being told by a VC firm that they can't use any of the money they're giving them to offset the cost of raising the additional funds they'll need to become profitable and provide a return to the VC firm. That would never, ever fly in the business world. Sometimes it is very hard to feel that you're being set up for anything other than failure when dealing with federal funding and the restrictions placed on grant recipients. Hmmmm… that’s kind of like a young start up being told by a VC firm that they can’t use any of the money they’re giving them to offset the cost of raising the additional funds they’ll need to become profitable and provide a return to the VC firm. That would never, ever fly in the business world. Sometimes it is very hard to feel that you’re being set up for anything other than failure when dealing with federal funding and the restrictions placed on grant recipients.

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