The One Thing All Successful NGOs Have in Common: A Robust Financial Framework

 “The ‘financial framework’ is the term for the policies, procedures, regulations and standing orders we use to make sure we’re taking proper care of public money.” – Powys County Council

Similar to a business, it is imperative to establish a robust financial framework for an NGO. A financial framework provides an organised system that guides and supports the financial operations and structure of the organisation.  It includes internal financial control mechanisms to prevent financial mismanagement such as misuse or theft of funds and assets, non-compliance of an organisation or government policies and regulations, and inaccurate financial reporting. NGOs also face several problems, including inadequate resources, lack of capacity building, lack of performance measurement instruments, and inefficient management. Setting up a proper financial framework will help resolve some, if not all, of them.

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Tricks on How NGOs Can Survive Without Funding

Anne Frank once wrote, “No one has ever become poor by giving”.  But to give, you need to have. Every organisation needs funding to operate. Like any organisation, NGOs need money to cover their costs- capital costs, operation costs, overhead costs, staff costs, etc. NGOs, in particular, depend primarily on grants and donations for survival.

What happens when the organisation runs out of money? Donations are made at random, and grants are often subjected to conditions. With a limited budget and uncertain cash inflow, NGOs often have to curtail their spending at the cost of quantity and quality of their work. Under these circumstances, NGOs find it difficult to plan for the long term and ensure the longevity of their humanitarian programmes. Preemptively, NGOs should develop a stable funding source and steadily achieve autonomy from donor funds and grants.

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Who Cares?

We have been taught all our lives that to be decent human beings means that we exist on this earth to (as far as we can) make life less difficult for others, and in turn, make them less difficult for us. To feel like we have a greater purpose and to feel like we are making a difference, we need to help our fellow human beings in any way we can.

This attitude is ideally also meant to extend to monitoring our behaviour so that our impact on nature and the world, in general, is as positive as possible. However, every day, the human race fails to inspire because the world has become such an incredibly harsh place to call home.

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YUVA participates in UTM’s Community Learning and Engagement 2019 at MACOSS Regional Leadership Centre

The Mauritius Council of Social Service (MACOSS), in collaboration with the University of Technology, Mauritius (UTM), invited various Non-Governmental Organisations (NGOs) on Friday 26 April 2019 at the MACOSS Regional Leadership Centre to participate in the 2019 edition of the CLEn Programme.

YUVA responded positively to the call, along with many other NGOs, including APEDED, Befrienders, APSA and The Mauritius Scouts Association.

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