A Practical Investigation of Non-Profit Organizations in the Construction Industry

Abstract

Construction projects require much effort and capital funding to be successful. Financing is the most crucial piece of the construction projects. Most privately sponsored projects are funded by owner equity. However, this is not the case for non-profit organizations. Many nonprofit owners turn to organizations offering grants for their capital improvement projects as a major source of funding. Much consideration and effort are expended to obtain grants. Many grants carry specific regulations that must be obeyed to qualify and obtain funding. Therefore, finding available funding has become an increasingly difficult endeavor. Limited literature exists to guide non-profit organizations in construction projects. This research is dedicated to investigating the non-profit organizations and their fundings. The research will present a practical investigation based on literature analysis and historical cases for non-profit development projects.