Are NGOs are completely dependent on donations ?- Head of an ngo
I have been a part of an NGO for about 12 years now. Previous year I was appointed as a head of our NGO . Our NGO solely focuses on providing mid day meals in schools and also takes part in covid 19 food donations. Our NGO team is very big as there are people in each district of our state. Such a huge team not only has volunteers but there are a few paid employees in our organization too like the website developer, finance analyst , social media handle and many more who get paid monthly for their service.
Whenever I go to colleges to create awareness about our NGO the most common question I get is - How do we manage when there is no donation? To clear everyone's doubt I would mention some of the other ways of income every NGOs has .
Membership Dues
Because acquiring grants on a regular basis can be
challenging, some NGOs have formed memberships with large corporations who in
turn will need to pay a certain fee known as their membership dues. These
members are not only beneficial because of the dues they pay, as they're also
often partner institutions for many projects.
Matching grants
Basically, a grant funding agency will only approve a
grant if an NGO can prove themselves capable of maintaining the projects to be
funded. To prove themselves, NGOs will need to raise the same amount of money
being offered by the grant funding agency. This way, after the initial stages
of the project have been fulfilled, there are enough funds to maintain them.
Corporate matching programs
Basically, a company employee is to donate funds to your
NGO and if he or she successfully submits the proper paperwork to the company's
human resources department, then the company will donate either the same amount
or even more to your NGO.
In-kind donations
In-kind donations are usually commodities such as
clothing, food, furniture, transportation, and etc. Supposedly, these donations
help NGOs and their projects function more efficiently.
Loan Financing
Loan financing is often easier and a lot quicker to
receive, but comes with greater risks. It has to be remembered that a loan
needs to be repaid. NGOs who have the capacity to pay their debts after a
period of time can benefit from this
Giving circles
Essentially, giving circles are groups of people who want
to help charities. Oftentimes, members would also like to get involved instead
of just providing funds, although providing funds is what many of them
participate in.
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