Many non-profit organisations face an annual funding crisis. This is often focused on core costs. These costs, also known as operational costs, include things like salaries, rent, utilities, communications and marketing, databases and information management, supplies and insurance. Some organisations have significant funding for their programmes and projects, but they have to retrench staff or move to smaller offices because they have not raised money for the basic resource requirements that enable an organisation to run efficiently. Covering core costs is particularly challenging in a donor world where it is becoming increasingly difficult to raise general purpose funding.
This booklet explores how successful organisation ensures that such costs are covered on an annual basis. Planning to ensure that an organisation is fully funded, with diverse sources of support, is the very basis of good financial management in the non-profit sector. Click here to download your copy.
