Inside Arch Grants' fundraising strategy that's brought in millions
This story is part of a series looking at the impact of St. Louis' Arch Grants startup investment program after 10 years. For more, go here.
Arch Grants founder Jerry Schlichter says he’s noticed plenty of nonprofits that “wither on the vine” after they’ve launched.
The reason: fundraising. Many nonprofits face a tension between trying to balance their annual budgets and pursuing their long-term ambitions, Schlichter said. He wanted Arch Grants to chart a different path.
Since its founding…