Blog #9 Generating Funds

           After speaking with Maria Marroquin, the director of the Day Workers Center at Mountain View, she explained to me the way that the organization generates funds. because the organization is a nonprofit, they rely heavily on donations. Maria informed me that private donors are the ones that give a large part of the funds. Such donors include Linkedin (the Professional Network), Banks, and private families. She explained that these families were the biggest donors from this category. Additionally, Maria said that they generate money from grants. However, the issue with grants is the way that they receive the money. For example, they tell the organization the amount of money that they will receive, yet they do not give them the amount all at once. The process consists of the organization receiving a large part of he sum one month, then a few months go without any money, then other months the receive other portions. Although the money is not received in an orderly manner, they receive the money consistently. Because of this, Maria says that they need to be very careful with the way they plan the budget. Since they know that they will not receive money every month, they need to plan accordingly. Also, Maria needs to re-apply for each grant. No other organizations rely on the Day Workers Center for their funds, the center uses their funds on what they see fit.