Financial Management is a vital activity in any organization. It is the process of planning, organizing, controlling and monitoring financial resources with a view to achieve organizational goals and objectives. It is an ideal practice for controlling the financial activities of an organization such as procurement of funds, utilization of funds, accounting, payments, risk assessment and every other thing related to money.In other terms, Financial Management is the application of general … [Read more...] about Why is financial management important for NGOs
How NGOs can develop a quick Proposal Concept Note to apply for Grants to address the COVID-19 impact?
The COVID-19 or Coronavirus crisis has made a tremendous cross-sectoral impact across most of the countries around the world. The entire social, economic and cultural structure is gradually transforming into an unexpected reality. Poor communities have become more vulnerable to the basic issues of livelihood, hunger, housing and shelter.International and local donor agencies, corporates and governments have announced several new multi-million grant programs across different countries to address … [Read more...] about How NGOs can develop a quick Proposal Concept Note to apply for Grants to address the COVID-19 impact?
How to get started with Twitter?
Researches and user studies show that Twitter users raise much more funds online than those NGOs who don’t use Twitter. Apart from fundraising, it can also result in increased awareness about a cause, more active volunteer engagement, brand-building, and so much more. So here are the steps to get started with Twitter and make the best use of this platform:Define who you are:The first thing to do after opening an account on Twitter is to customize your account. Your account will define who you … [Read more...] about How to get started with Twitter?
How to Impress a Donor?
When you contact or meet a donor for the first time, what are easiest ways to ruin your shot at getting funded? First impressions count, and avoiding these mistakes will help you put your best foot forward.Mistake #1: Not introducing yourselfDo not send an email to a donor without any introduction. Donors see many emails that only contain a funding request similar to this one:“Can you fund our work with children in Uganda?”Without so much as an introduction or explanation.Explaining who you are … [Read more...] about How to Impress a Donor?
What career options are there in International NGOs?
Recent trends show that an increasing number of people are getting interested to work in the development sector. International NGOs offer the best opportunities for such people. NGO domain is a very vast and varied one, and one needs to find out which cause he/she relates with, which domain in particular would one want to work in, before exploring this arena to work.Undoubtedly, the international NGOs offer a huge scope for learning and gaining experience in the sector. Also, if someone wants to … [Read more...] about What career options are there in International NGOs?
What are the methods NGOs can adopt to become transparent and accountable?
Below is a list of methods through which NGOs can become accountable and transparent.Registration: Make sure your NGO has a legal status and is registered under a relevant legal framework. Registering your NGO will not help you in enhancing your accountability but would also enable you to interact with government agencies and diverse donors. Your chances of getting financial support and assistance will also increase.Accreditations and certifications: This refers to an external agency certifying … [Read more...] about What are the methods NGOs can adopt to become transparent and accountable?
How can small NGOs manage their fundraising?
Here are some tips on how to manage fundraising.1. Building TrustIn all aspects of grant management, problems can be avoided with clear and regular communications with grants officers. Put everything in writing!2. Observe project start and end dates for spendingDon’t make payments or enter into commitments before the agreed contract start date. All invoices must be dated between the official start and end dates. It is OK to spend right up to the of the end of contract date as long as the invoice … [Read more...] about How can small NGOs manage their fundraising?
How to develop the Vision and Mission for my NGO?
The Vision statement describes the goal that an organization aspires to accomplish in the long run. In other words, the vision statement is the summary of changes/impact you would bring into the lives of the community you work for. The vision statement should be expressive and well drafted so that it appeals to people and at the same time also gives direction to the NGO. While drafting the vision statement keep the following points in mind:Use simple language that can be understood by people of … [Read more...] about How to develop the Vision and Mission for my NGO?
How to start an NGO?
Starting an NGO is a time-consuming process and requires a great deal of research, discussions, paperwork and expert advice. So before investing your time and energy into it, make sure that this is what you want to do. Devote time in meeting people who are engaged in NGO work and seek their help to understand all aspects of NGO management from them.Starting an NGO requires dedication and devotion towards the cause, so unless you are prepared to give in your best, do not start an NGO.Answer the … [Read more...] about How to start an NGO?
Which Foreign Embassies should approach to apply for grants?
Foreign embassies under various development cooperation programs organize small grants funding for NGOs in many countries. They can be a significant source of funding to address various socio-economic issues. Besides, their funding programs are usually small in scale but most flexible to implement. In this guide, we take a quick look at top foreign embassies and their grant programs and how your organization can learn more information on identifying and apply to such funding opportunities.US … [Read more...] about Which Foreign Embassies should approach to apply for grants?
How to write the Articles of Incorporation for my NGO?
Articles of Incorporation provide legal description to your NGO by establishing the existence of the organization as per government rules. The articles of incorporation define the purpose of your organization, along with describing the operational processes and membership details. The number of articles required will largely depend on the country laws. While drafting the article of incorporation, check with the government authorities about the various forms that you require to fill. Depending on … [Read more...] about How to write the Articles of Incorporation for my NGO?
Why is it necessary to have a Board of Members in an NGO? What are their functions?
A NGO board comprises of individuals who are appointed to provide oversight to the organization. As you proceed towards establishing the NGO, you will require advice from people who are experts in their respective field of work. To start with you can establish an initial board of comprising of 4- 5 individuals who are passionate about your cause and are willing to support your organization.The role of the initial board members will be to:Establish the organizations value, mission and vision … [Read more...] about Why is it necessary to have a Board of Members in an NGO? What are their functions?
What are the core values one should follow when establishing an NGO?
There are a set of core values that every NGO should adopt when thinking of setting up an NGO. NGOs are voluntary organizations dedicated for a cause and it is essential that they follow a belief system that reflects their approach.Following are some of the core values, NGOs should adopt when establishing an NGO:Service beyond self: The very purpose of NGOs is to serve others. Integrating this value in the overall working of the NGO not only makes them socially acceptable, but it also makes them … [Read more...] about What are the core values one should follow when establishing an NGO?
What is Core Funding and How to Get it?
Core funding is usually defined as financial support that covers basic “core” organizational and administrative costs of an NGO, including salaries of non-project staff, rent, equipment, utilities, and communications.Core funding is sometimes called indirect funding, cost recovery, administrative cost, overhead, or unrestricted funding. Core funding should be understood as covering expenses that are required to keep the NGO functioning independent of any projects being implemented.Why is core … [Read more...] about What is Core Funding and How to Get it?
How does membership for supporters in your charity organisation is Beneficial?
In a charity organisation, membership can be of various forms. It also depends on the structure of the organisation. In some cases, membership is referred to as trustee and in others as supporters. Having membership for supporters is beneficial in various ways. These ways are discussed in this video, hope you will like it! … [Read more...] about How does membership for supporters in your charity organisation is Beneficial?
I am a young innovator from Canada who has ideas that could tackle environmental issues, to which program shall I look forward to?
Hi, you can apply for the Youth Impact Challenge 2021, a competition for young innovators who have ideas that tackle environmental or social issues. The Youth Impact Challenge is your opportunity to develop your ideas for #whattheworldneeds. What are the Benefits of this program? Youth Impact Challenge 2021 will: Give out $80,000+ in prizes for ideas that tackle environmental OR social issues; Award two grand prizes of $10,000; Engage with a diverse group of youth; Connect … [Read more...] about I am a young innovator from Canada who has ideas that could tackle environmental issues, to which program shall I look forward to?
Which consolidation fund grant program is available for MENA-based cultural and artistic organisations?
The Fanak Fund is currently accepting applications for the Zodeh – Consolidation Fund Grant Program. This programme aims at consolidating cultural and artistic organisations and/or artists collectives operating in the Arab-speaking and Middle Eastern region including Turkey and Persian speaking countries, and developing local projects (venues, networks, platforms). Funding Information Applications can be made in the name of a cultural or artistic organization or an artists’ … [Read more...] about Which consolidation fund grant program is available for MENA-based cultural and artistic organisations?
Is there any award that recognizes Innovation in Nature Conservation?
Hi yes, there is. The nomination for the 2nd iteration of the 2021 Pathfinder Award for Innovation in Nature Conservation is open. The Pathfinder Award is designed to recognize outstanding solutions for protected and conserved areas developed and implemented by individuals, organizations, or groups. The 2021 Pathfinder Award seeks initiatives focused on sites with innovative, integrated approaches to protected and conserved area management that successfully conserve nature while making … [Read more...] about Is there any award that recognizes Innovation in Nature Conservation?
How to set up a Recurring Giving Program?
A recurring giving program is a donation program wherein your donors can set up an automatic debit of a chosen amount on a fixed frequency- biweekly, monthly, quarterly or annual. A recurring giving program can help you generate a steady revenue stream, less dependence on a few big donors, and build an engaged and connected donor and supporter community. To set up a monthly giving/ recurring giving program for your organization, here is a step by step guide: Define your goal: Be … [Read more...] about How to set up a Recurring Giving Program?
What are some qualities of a good concept note?
A good concept note must explain the entire project idea, objectives, strategies and plan of action in a clear and concise manner. Here are the key characteristics of a good concept note, and things one should keep in mind: Concise and Coherent: A concept note covers all the key sections of a proposal, but in a concise manner. It has to contain clear language to explain more in fewer words. Many organizations give ready-to-use templates and/ or web forms for submitting concept notes and … [Read more...] about What are some qualities of a good concept note?
How much will Civic Europe offer to the winning ideas for tackling societal challenges?
Civic Europe gives the winning ideas a funding opportunity and comprehensive non-monetary support from the end of 2021 until the end of 2022: The Civic Europe Idea Challenge supports up to 20 ideas with grants of up to €35,000 each. Moreover, and more importantly, following the idea of systems thinking, the CE Idea Challenge doesn’t merely support its winning ideas through funding. It leverages their potential impact through a combination of interconnected interventions in three … [Read more...] about How much will Civic Europe offer to the winning ideas for tackling societal challenges?
How to Write Concept Notes?
The First Steps towards developing a Proper Concept NoteIf you have a project idea in mind and you know the right donor agency to apply, then it is fairly easy to come up with a proper concept note. So the first step here is your project idea!You should then start searching for your donor agencies that can possibly fund your idea. It is easier to write the concept note after you have identified your donors because there are vast differences in their systems of accepting your project idea. Like … [Read more...] about How to Write Concept Notes?
How NGOs can raise non-financial support for their cause?
Non-profits need resources to run themselves. These resources are not limited to financial resources. If properly planned and sought, non-financial resources can also play a crucial role in the growth and development of a non-profit organization. What are these non-financial resources that NGOs must look out for? How can they raise these resources? Some of these questions are answered here:What are non-financial resources?There are many. Some examples are:In-kind gifts and … [Read more...] about How NGOs can raise non-financial support for their cause?
How to make a first contact with corporate donors?
Many-a-times, nonprofits need to make a lot of efforts to reach out to a corporate, to make them listen to what they have to ask for, and to tell them why they stand out by the good work they do.Being able to schedule a meeting with them is a good indication for the potential collaborations or seeking corporate funding or sponsorship for your organization.So here are a few tips to help you prepare for the face-to-face meeting.AppointmentsYour first meeting with a corporate can make you nervous. … [Read more...] about How to make a first contact with corporate donors?
What are the ways to achieve Institutional and Organizational Sustainability?
From an NGO point of view, sustainability means continuing to perform and deliver project benefits to the primary target group after the funding from a donor terminates. In other words, sustainability is to maintain and continue your efforts after the funding is over. Below mentioned are some ways to achieve Institutional and Organizational Sustainability: Explore new opportunities: Keep a flexible approach while looking for new opportunities you may have to modify your priorities to … [Read more...] about What are the ways to achieve Institutional and Organizational Sustainability?
How to raise fund for an NGO?
5 Steps to Fundraising Success for Small and Grassroots NGOsStep 1: Know your organization’s needs Step 2. Research donors that are a match for your NGOStep 3. Network and reach out to these donors before sending a proposalStep 4. Develop a great applicationStep 5. Follow up and persist … [Read more...] about How to raise fund for an NGO?
Is the Peer-to-peer Fundraising is beneficial in Nonprofit World?
Peer-to-peer fundraising or P2P fundraising is getting a lot of attention by nonprofits these days. Although crowdfunding and P2P are being used interchangeably, it is important to note that the two are different. P2P fundraising is a specific type of crowdfunding, wherein you can leverage your supporters and advocates to raise funds for your non-profit. It helps you reach a large number of audiences and donors, with added advantage of increased network, as it is the network of your supporters … [Read more...] about Is the Peer-to-peer Fundraising is beneficial in Nonprofit World?
How to calculate staff time in a project budget?
In some project proposal formats, you may have come across ‘staff time’ or the number of ‘man-hours’ required in the project. Large donors are very meticulous about these details and require minute calculations for the money they are going to give to organizations. So they expect budgets to be clear to the last detail.Salaries are a very sensitive part of the project budget – even for the donors. More and more funders are resisting allocating money for salaries and overheads. As they tend to … [Read more...] about How to calculate staff time in a project budget?
Why Do Donors Hate Me?
Many small, grassroots, and start-up NGOs eagerly look for their first grant to grow their program. But after sending out dozens of request for funding by post and email to scores of donors they either never hear back or are rejected.Here are some of the main reasons you get ignored or rejected:Donors get a high volume of applications and can only fund a fraction even of those who meet all their requirements.When we researched funding by the UN Democracy Fund (UNDEF), we found that in 2015 they … [Read more...] about Why Do Donors Hate Me?
How can Volunteers helps in raising funds?
Here are some ways in which volunteers can help you in raising funds for your organization:1. Bringing in passion and enthusiasm:Volunteers are passionate people who are contributing their time towards a cause. This makes them special. They like to associate with your organization because of their passion, now it is up to you how you channel and tap their energies. They usually bring a lot of new ideas to the table. Make sure you are able to put these to use. You might have a fundraising map or … [Read more...] about How can Volunteers helps in raising funds?
How to get involved with Multilateral Donors?
Multilateral agencies like the UN, the World Bank and others provide multilateral aid to developing countries. The significance of this type of aid is the very large scale under which it operates and provides support for addressing issues related to poverty, economic development, human rights, healthcare, peace and development and other areas.According to the Australian Government’s Department of Foreign Affairs and Trade, “Working with multilateral organisations can bring…benefits” such as … [Read more...] about How to get involved with Multilateral Donors?
How can we make our organization accountable?
Accountability basically refers to an organization being answerable to a third party. It refers to the obligation of an individual or organization to account for its activities, accept responsibility for them, and to disclose the results in a transparent manner.Aspects of AccountabilityAs an NGO you are accountable to donors, project partners, local communities and considering these, experts have suggested four aspects of accountability for an NGO.Upward Accountability: This refers to the … [Read more...] about How can we make our organization accountable?
How can NGOs apply and get grants from Bilateral Donor Agencies?
Bilateral donor funding refers to the donor country’s Government aid to recipient country in a Government-to-Government or a Government-to-NGO/Civil Society partnership. It is part of the Official Development Assistance (ODA) policies of the member countries of the Organization for Economic Cooperation and Development (OECD) which are working towards economic progress and trade. They play a major role in providing development funding to Governments and Civil Society mostly in developing … [Read more...] about How can NGOs apply and get grants from Bilateral Donor Agencies?
What are the different types of donors supporting NGOs around the world?
There are several sources for you to avail funding for your organization, and to make the most of this opportunity, you will have to understand the various types of donors, their priorities and their core values. Most donors can be classified in to the following categories:Foundations: Foundations are non-governmental entities that are established to provide grants to smaller organization, research institutions and NGOs. Most NGOs rely heavily on foundations mainly because they provide grants … [Read more...] about What are the different types of donors supporting NGOs around the world?
What kind of tricks can be done for donor retention?
A high donor retention rate means less resources spent, and more received. So, NGOs need to work on donor acquisition and retention strategies too. Here are some simple but very effective tips for NGO to achieve good retention rates.Know your donors:Knowing the donors and their intent towards investing in social causes is the first step for true engagement. Some donors might want to engage themselves, my means of volunteers, and participation in the various events of the NGO; while others might … [Read more...] about What kind of tricks can be done for donor retention?