FUNDING THE NON-PROFIT WELFARE SECTOR: EXPLAINING CHANGING FUNDING SOURCES 1960--1999.

The non-profit welfare sector in Australia is dominated by several large organisations which are predominantly older, faith-based, welfare agencies. The success of these agencies is in part due to their ability to diversify funding sources in response to current economic and political environments. This paper analyses the changing funding mix of two of these organisations. The analysis finds some variability in the composition of funding sources over time. However, we also find that to some extent the agencies smooth out variations from one source with other sources of funding. The agencies do not appear to be able to raise funds in a counter-cyclical manner. [ABSTRACT FROM AUTHOR]