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Resource development
Application:Resource Development Needs and Funding Sources
There is a common saying in development: Donors will not give money to keep the lights on, but they will donate money to do something extraordinary. In other words, most donors want their money to go towards “the cause” instead of operational costs. One step in ensuring donations go towards a targeted or particular need is to determine resource development needs based on strategic planning, program planning, and an established board-approved budget. Once organizations determine resource development needs this way, they can pursue donations from suitable funding sources and reassure donors that their money is going towards the cause.
In this Application Assignment, you select a nonprofit organization of interest to you. Then you examine the organization’s strategic plan, program plan, and/or budget, and identify resource development needs. Finally, based on the resource development needs, you evaluate the suitability of funding sources.
To prepare for this assignment:
The assignment (1–2 pages):
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