Funding is a critical resource for executing a nonprofit organization (NPO)’s mission. In practice, there is wide variation with respect to each of three key elements of the funding process: (i) how NPOs raise funds, (ii) the funding mechanisms through which donors disperse funds to recipients and the associated challenges, and (iii) how recipients utilize funds to advance their mission. This chapter reviews and synthesizes key findings from the operations management (OM) literature regarding the effectiveness of commonly employed approaches in the three areas highlighted above. The chapter concludes by highlighting some potential avenues for future research.