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🔴 Only 1 type of fundraising is predominant for the past 3 years
Poorly developed: Unidimensional fundraising sources.
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.
- Focus on acquiring more multi-year grants to mitigate risks in the interim; along with multiple inventive disbursal designs.
- Others -
Action:
ConductStart aat least 1 new fundraising diversitymethod auditthis tofinancial/calendar determine clear risk and actionable areas.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.positioning
Start at least 1 new fundraising method this financial/calendar year.
- 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.