Work Shop Content
Financial Sustainability is complex and there is no one blueprint for success. Affecting the sector are many conditions beyond our control, including market competition, volunteer reliance, government downloading, unpredictable revenues, donor fatigue, tough economic conditions and community pressures. Organizations also cite additional concerns regarding lack of flexibility, which presents as obligations set out by funders, working with restricted assets, and/or challenging engagement dynamics with social and government systems. Organizations identify an ongoing need to do more with less and a need to increase essential core capacity to meet mission-based goals. Surprisingly, data shows that age and size of an organization has no bearing on financial sustainability and that the answer to financial sustainability is not just about fundraising.
What does it take? There are four critical attributes of a sustainable organization and they include: sound financial practices, active fund development, strategic thinking and planning and the capacity to innovate. This work shop will delve into each of these attributes in detail and present a framework to improve financial sustainability in your organization.
Work Shop Structure
This work shop is a hands-on analysis of your organization’s financial sustainability profile. Applying a proprietary assessment tool, participants will be able to evaluate current strategies and determine practical steps for enhancing sustainability. Group discussion will offer insights into what is working and not working in other organizations and identify strategies that can be readily applied.
The key outcome will be an instructive, but simple evaluation report that leaders can promptly apply to staff and board conversations, and operational and strategic planning. Participants will leave with a comprehensive understanding of how their non-profit organization can be sustainable, long-term.
This Work Shop is appropriate for non-profit senior management and board chairs.