The Fast Company Impact Council highlights the importance of holistic support for nonprofits, akin to flying buttresses that reinforce structures. Such support includes leadership development and networking opportunities, which are increasingly vital as traditional funding sources waver. Nonprofits, particularly small to mid-size organizations, desire professional development such as workshops and personalized insights to enhance their capacity. The T. Rowe Price Foundation's 2024 Learning Report underscores this need, indicating significant benefits from skills enhancement for nonprofit professionals, especially during times of economic uncertainty.
Pairing holistic support with financial contributions is especially critical for nonprofits at a time when traditional philanthropic sources are uncertain.
According to the T. Rowe Price Foundation's 2024 Learning Report, leaders of small and mid-size organizations find that workshops, seminars, and personalized advice are prized opportunities.
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