GIA’s Capitalization Work Recognized in Chronicle of Philanthropy Article

A recent article in The Chronicle of Philanthropy highlights a growing trend among funders of moving beyond the "overhead myth" to supporting the "real costs" of nonprofits. Grantmakers in the Arts’ National Capitalization Project was highlighted as one effort working to move the needle on foundation support for nonprofit financial health. The article entitled “Foundations Show Signs of Moving Beyond ‘Overhead Myth’” is available to paid subscribers of The Chronicle of Philanthropy.

Read the article (paid subscription required).