Income innovation in the not-for-profit and for-purpose sectors in Australia

This report shares the findings of research by the International Women’s Development Agency (IWDA), conducted in 2019 and 2023, on income innovations in the not-for-profit and for-purpose sectors in Australia.

A Rapid Scan of Income Innovations in the Not-For-Profit and For-Purpose Sectors in Australia draws from interviews with 26 individuals and organisations about diversifying funding beyond traditional grants, fundraising and philanthropy. The intended outcomes of the research were to:

• Identify income innovations in the not-for-profit and for-purpose (NFP+FP) sectors that currently generate untied income (excluding traditional funding)
• Help inform IWDA’s broader strategic planning and decision making.

Report Authors
Gemma Hardie: IWDA – Director People, Finance and Operations
Min Wah Voon: Impact Advisory Group – Founder