Discover strategies for building financial sustainability, diversifying income streams, and securing unrestricted funding to support your NGO’s long-term success.
Sustainable Income for NGOs
€475.00
NGOs have a fundamental flaw: Many need to work a lot harder to be financially sustainable and resilient than comparatively sized businesses. Add to that a constantly changing funding environment where traditional donor resources are restricted and priorities fluctuate and the critical question is: How can we become financially sustainable? Now. And not just for one project at a time. This course covers all key principles of sustaining funding for non-profit organizations. You will explore the appropriateness of various income sources for different organizational needs, and learn to strategically set targets to achieve a well-balanced income portfolio.
Format –
This course is a facilitated, interactive, and collaborative e-learning experience consisting of:
- Three (3) interactive live sessions
- Engaging video presentations to help you immerse and orient yourself,
- Community chat forums and a WhatsApp’s group to help you connect with peers and your mentor.
- Semi self-paced activities on our learning system. Learn where and when you want to.
- Activities, assessments, and case studies to check your knowledge.
- Individual mentoring sessions available at an additional cost.
After this course, you will know how to:
- Analyze successful and struggling NGOs worldwide through real-life cases. Allowing you to learn and prepare.
- Evaluate your own organizations financial risk now and in the future.
- Explore the essential dynamics of financial management in nonprofits and identify the important factors between financially sustainable and struggling organizations.
- Develop innovative funding streams through persuasive pitches to potential investors, philanthropic organizations and other new funding sources
- Develop strategies for generating and optimizing cost recovery to maximize unrestricted funding.
- Establish and expand financial reserves to mitigate potential shortfalls.
- Develop tools and communicate them effectively to embark on the change journey.
Modules:
| Module 1 – What is financial sustainability for non-profit organizations |
| Module 2 – Measuring financial sustainability in a non-profit organization |
| Module 3 – Planning for financial health and resilience |
| Module 4 – Start with what we have: maximize the funding we have |
| Module 5 – Build the strategy to financial sustainability |
| SIFN | |
| Language – | English |
| Modality – | Online with live interactions |
| Duration – | 5 weeks |
| Length – | 5 Modules |
| Certification – | MzN digital certificate awarded upon completion |