🟠Choice is determined by Board directives or leadership suggestions - not necessarily guided by evidence-based decisions
Under developed: Fundraising decisions are mostly top driven and may also be limited to individuals exclusively responsible for raising funds.
Reflection:
Develop conceptual clarity on pros and cons of various types of fundraising, to make conscious choices from hereon.
The top twenty revenue generating charities of the world practice multiple types of fundraising methods and not necessarily depend on 1 or 2 alone? Why so?
How can we raise more unrestricted funds that will strengthen the organisation most, but are very difficult to raise?
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Action:
Develop new fundraising channels particularly to fund organisational development needs.
Build an additional cess in grant budgets to cover for unmet organisational expenses.
Others -
Notes for Development:
Fundraising decisions are mostly top driven and may also be limited to individuals exclusively responsible for raising funds.
Fundraising startegies and thereby choices, are best taken by- management, leadership, core group of staffs, and the fundraising professionals together. Each play vital role (for various perspectives) in taking such decisions, and thereby own these decisions.
Develop a way of taking fundraising decisions collectively - leadership, management, fundraisers, program staffs, and the remaining core group of people. This will enable a path towards more informed and strategic choices.
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