In a constantly changing environment where traditional donor resources are restricted and priorities fluctuate, the critical question is: How can we establish financial sustainability?
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. You will discover strategies for covering administrative costs, mix income streams, effectively find unrestricted funding, and build sustained financial success by engaging stakeholders differently.
Module 1 – What is financial sustainability for non-profit organisations
Module 2 – Measuring financial sustainability in a non-profit organisations
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
After this course your 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.
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 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.
How to Apply:
You can register and pay online by following this link: https://mzninternational.com/product/online-course-sustainable-income-for-ngos/