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🟠Highly dependent on limited funders, largely of similar type
Under developed: Lack of diversity in fundraising portfolio.
Reflection:
- Institutionalise periodic fundraising landscaping exercise and its subsequent use in fundraising planning.
- Focus on acquiring more multi-year grants to mitigate risks in the interim; along with multiple inventive disbursal designs.
- No response is urgently required as we have income from various streams and many donors.
- 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.
- Others -
Action:
- Conduct a fundraising diversity audit to determine clear risk and actionable areas.
- 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.
- Start at least 1 new fundraising method this financial/calendar year.
- Others -
Notes for Development:
- Lack of diversity in fundraising portfolio.
- Lack of overall development in fundraising function.
- Develop a stronger fundraisng strategy.