Erech LaDerech
Working toward financial independence for nonprofits
Erech LaDerech is a program built in 2017 with the support of Bank Hapoalim to advance solid financial infrastructure for social organizations, including municipalities, providing tools for resource mobilization, revenue-generating partnerships, and fundraising branding. The program brings business-world tools to the social world.
To date the program has accompanied about 600 nonprofits and three municipalities in building financial infrastructure. Its Facebook community numbers over 4,200 members from the social sector.
The venture's goals: helping nonprofits and municipalities build strong, stable financial infrastructure, while growing its own reach, with impact measurement and business-world tools in service of the social world.