My general model is that charities get funding in two waves:
1) December
2) The rest of the year
As such, if I ask groups for their runway at the beginning of 1), and they say they have 12 months, that basically means that even if they failed to raise any money at all in the following 1) and 2) they would still survive until next December, at which point they could be bailed out.
However, I now think this is rather unfair, as in some sense Iām playing donor-of-last-resort with other December donors. So yes, I think 18 months may be a more reasonable threshold.
My general model is that charities get funding in two waves:
1) December
2) The rest of the year
As such, if I ask groups for their runway at the beginning of 1), and they say they have 12 months, that basically means that even if they failed to raise any money at all in the following 1) and 2) they would still survive until next December, at which point they could be bailed out.
However, I now think this is rather unfair, as in some sense Iām playing donor-of-last-resort with other December donors. So yes, I think 18 months may be a more reasonable threshold.