Recoverable Grant

Giving Money BACK to Donors

Giving Money BACK to Donors

Upaya has done something novel in the past few weeks – novel for us, at least – we’ve written checks to our donors… and it feels great. After 11 years of working on and fine-tuning our model, recoverable grant donors are getting funds returned to them because the investment that we made has returned capital to us. While this is good news for the donors, I believe that it is a critical inflection point not only for Upaya but as a bridge between the nonprofit sector and a more sustainable for-profit world. Let me explain what I mean.