Worldwide humanitarian aid contributions in 2013 were at their highest level for five years, putting the sector’s aims and practices under the spotlight. According to analysts Global Humanitarian Assistance, donations from government and private bodies totalled $22bn (about £13bn) – up nearly a third on the previous year. With such large amounts of money involved, there is obviously a pressure for humanitarian and development NGOs to show transparency and accountability in their aid flows. … [Read more...] about How Can NGOs Meet the Challenges of Ethical Spending?
Deadline: 7 March 2014 Global Sustainable Electricity Partnership is accepting applications from Masters level students for 'Education for Sustainable Energy Development (ESED) scholarship' 2014. ESED scholarship aims to support outstanding students pursuing advanced studies in sustainable energy development and to encourage meaningful contributions to the collective body of knowledge about this subject. The scholarships amount US$ 23,000 per year for up to two years are offered under ESED … [Read more...] about Education for Sustainable Energy Development Scholarships for Master’s Level
It can be useful to think about your relationship with donors from the donors' point of view. Donors usually make grants to organisations that they have confidence in. All your dealings with donors should aim to build up their confidence in your organisation, for instance by: • Describing how you plan to use funds - through clear plans and budgets. • Demonstrating that you have proper controls in place, including good management. • Providing honest … [Read more...] about Mango Guide to Receiving Funds
1. Building Trust In all aspects of grant management, problems can be avoided with clear and regular communications with grants officers. Put everything in writing! 2. Observe project start and end dates for spending Don’t make payments or enter into commitments before the agreed contract start date. All invoices must be dated between the official start and end dates. It is OK to spend right up to the of the end of contract date as long as the invoice is dated before the end of the project as … [Read more...] about 10 Top Tips for Grant Management
Anyone who has worked on the financial side of a non profit organisation will be familiar with the debate around exactly how much money, if any, should be kept in reserve. Resources donated to your organisation were intended to support a cause not to sit in a bank account, yet nonprofits just like any other company need financial reserves for cash flow and emergencies. Every organisation is unique, but to help you answer this question we have created a quick guide on how best to manage your … [Read more...] about The Great Debate: Non-Profits and Financial Reserves
Every NGO and every project needs to have a budget. A budget describes the money that an organisation plans to raise and spend for a set purpose over a given period of time. "Failing to plan is planning to fail." The budget plays an important role in every stage of NGO work: planning new work, raising funds, implementing activities, monitoring work and evaluation. The programme cycle and the financial cycle go hand in hand. Writing a budget involves answering a number of questions, … [Read more...] about Free Mango Guide to Preparing and Implementing Budgets
Introduction Budget is the most important part of any proposal. The budget depicts a clear picture of all expenditures involved in carrying out a research project. Any research project, right from its very inception, requires several activities involving the financial aspect. Therefore, it becomes necessary to focus on the budget and to ensure that it is clear and all the expenditures proposed are justified. Though, developing a budget is not much tedious task, provided the concepts regarding … [Read more...] about Understanding a Budget Format in a Proposal
Developing and managing budgets can be a challenging task for NGOs whenever they need to plan a project, write a proposal and implement an activity. Efficient financial management is essential for the growth of any organization. Besides, if you have well-managed and transparent financial system, it also enables donor agencies to gain confidence in your NGO and offer to support to it. However, setting up an efficient financial management system requires a sound understanding of financial … [Read more...] about How NGOs can develop budgets in their Proposals
...Continued from the Main Page “Budget” is a term that NGOs often come across when they need to plan and implement a project activity. Besides, we also come across this term again and again when we are in the process of developing a proposal. Any donor funding for NGOs is limited and a proper and planned budget is required to convince the donor to access this funding. Donor agencies also have their limitations and they distribute their financial resources evenly amongst NGOs based not only on … [Read more...] about What is a Budget – for NGOs?
...Continued from the Main Page We have read about what NGOs can do with a budget: manage organizational expenses and income, plan project activities, fulfill donor expectations and also work towards long-term sustainability of the organization. Now we try to understand the essential things that should not be done with a budget. For example, we tend to believe that a budget submitted to a donor agency cannot be changed. Practically speaking, this is not true to some extent. Budgets can be … [Read more...] about What should not be done with a Budget – for NGOs?