FINANCIAL SUSTAINABILITY

This course is to build the confidence and skills of NGO leaders to improve the financial sustainability of their, or partner, organisations

PURPOSE:

The purpose of this course is to build the confidence and skills of NGO leaders to improve the financial sustainability of their, or partner, organisations by:

• assessing and managing critical financial risk and developing a financing strategy and associated policies.
• KEY TAKEAWAYS:
• Describe the components of a financing strategy for an NGO including the four key features of a financially sustainable NGO
• Outline options for building up unrestricted reserve funds to create a safety net and support future development
• Outline options for financing and managing central support costs across the organisation
• Carry out a financial risk assessment using selected analysis and mapping tools to identity critical threats facing your or partner NGOs
• Analyse financial statements using financial ratios to assess the donor dependency and reserves status of your or partner NGOs’ current and desired financing mix
• Carry out a resources audit to establish the potential for alternative financing options in your or partner NGOs
• Create an action plan for the next steps to finalise your organisation’s financing strategy.