For many years, nonprofits have been advocating for funders to offer long-term support, rather than single-year grants. Recently, three- and five-year grants have become more common.
But Blood:Water, a U.S.–based nonprofit, has gone much further and made eight-year grants the norm.
That’s according to Nadia Kist, executive director at Blood:Water, speaking recently at a Devex Pro Funding Briefing.