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Diversity
🟢 Diversified funding and potentially insulated from market instabilities
Highly developed: Strong diversity in fundraising portfolio.
Reflection:
- No response is urgently required as we have income from various streams and many donors.
- Others -
Action:
- No action necessary.
- Others -
Notes for Development:
- Strong diversity in fundraising portfolio.
- Fundraising function has developed into an optimally functioning unit that is consistently innovative and imaginative.
- Advanced funding portfolio with a strong mix of various types of donors, partnerships and funding arrangements.
🟡 More than 3 types of fundraising methods are operational and all of them contribute to our revenue
Fairly developed: Multiple types of fundraising sources contribute to revenue.
Reflection:
- Institutionalise periodic fundraising landscaping exercise and its subsequent use in fundraising planning.
- Others -
Action:
- Conduct a fundraising diversity audit to determine potential risk and actionable areas.
- Others -
Notes for Development:
- Multiple types of fundraising sources contribute to revenue.
- Fundraising function is generally bringing in revenues from different sources consistently, and it ads dynamism to the way we go about achieving our mission.
- Developed fundraising portfolio; adequate to meet various critical mission expenses.
🟠 Highly dependent on limited funders, largely of similar type
Under developed: Lack of diversity in fundraising portfolio.
Reflection:
- Focus on acquiring more multi-year grants to mitigate risks in the interim; along with multiple inventive disbursal design.
- Institutionalise periodic fundraising landscaping exercise and its subsequent use in fundraising planning.
- Others -
Action:
- Conduct a fundraising diversity audit to determine clear risk and actionable areas.
- Put strong impetus on identifying minimum twenty new grant funding opportunities through extensive research and innovative program positioning.
- Others -
Notes for Development:
- Lack of diversity in fundraising portfolio.
- Lack of overall development in fundraising function.
- Develop a stronger fundraising strategy.
🔴 Only 1 type of fundraising is predominant for the past 3 years
Poorly developed: Unidimensional fundraising sources.
Reflection:
- Our policies do not allow us to pursue any other types of fundraising by grant fundraising; we would consider taking it up for internal deliberations.
- Focus on acquiring more multi-year grants to mitigate risks in the interim; along with multiple inventive disbursal designs.
- Others -
Action:
- Start at least 1 new fundraising method this financial/calendar year.
- Assess other types of fundraising methods we can operate on in the given landscape.
- Put strong impetus on identifying minimum twenty new grant funding opportunities through extensive research and innovative program positioning
- Others -
Notes for Development:
- Unidimensional fundraising sources.
- Lack of overall development in fundraising function.
- Develop a stronger fundraising strategy; premised around a primacy of purpose.