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In “nonprofit” 501c3 organizations the 80/20 rule applies. 80% of all funding goes to 20% of the sector. This happens because much of conventional wisdom in our industry is false. In this podcast, you will find the truths, And those truths will set you free to success. Zoot Velasco is an employee of OCEAA and California State University Fullerton. The views expressed on this podcast are his alone and do not represent the views of OCEAA or California State University Fullerton.
Episodes
Tuesday Jun 01, 2021
Tuesday Jun 01, 2021
Episode 93: Charitable Ventures, led by Anne Olin, went from a newly-minted organization in 2008 with a budget of just $193,000 at the beginning of the recession to $1.2 million in 2012 at the end of the recession. That's a 624% increase during the great recession when organizations all over the country were shrinking. Then, they jumped to $7.5 million in 2018 when I concluded my study. That's a total of a whopping 3,880% growth, and that's not all. They're still growing to this day. How did they do it?
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