This is the third time in a few years (second time this year) that I’ve seen a beloved community institution try its futile best to raise enough funds to stay afloat, reach a point where it looks like it will have to close immediately, and suddenly successfully raise the money it had been trying and failing to get.
This makes sense—as a donor, I’m willing to pay substantially more if my contribution is likely to make a difference between a thing I care about existing and not. But this clearly creates a lot of stress for the organizers—if you won’t get the support you need until you’re almost out of business, you have to get right up to the edge before you can succeed, even though the resources you needed were there all along.
I wonder if this is something that can be improved on somehow.
This is the third time in a few years (second time this year) that I’ve seen a beloved community institution try its futile best to raise enough funds to stay afloat, reach a point where it looks like it will have to close immediately, and suddenly successfully raise the money it had been trying and failing to get.
This makes sense—as a donor, I’m willing to pay substantially more if my contribution is likely to make a difference between a thing I care about existing and not. But this clearly creates a lot of stress for the organizers—if you won’t get the support you need until you’re almost out of business, you have to get right up to the edge before you can succeed, even though the resources you needed were there all along.
I wonder if this is something that can be improved on somehow.