Funding Is Not Money For Extra Expenditure? Essay

820 Words Oct 29th, 2016 4 Pages
organizations pay exactly the expenses they need, there is not money for extra expenditures (Greechie, 2016).
Precisely, funding is designed to cover staff salaries and the organization function costs. Still, managers face budget difficulties, when they need to invest in office supplies or equipment, since budget is too tight. Non-profit professionals concern about their jobs, specially, when it comes to small organizations. In fact, non-profit organizations are economically vulnerable, thus, they need well designed budgeting projection. Equally, Opportunities analysis factor refers to the chances of applying for grants. Non-government organizations may apply for a grant that comes from a government or private institution or any other provider. There is always opportunity to apply for grants, it is fundraising managers’ responsibility to searching them and completing the applications. Non-profit organizations could obtain donations or pay low cost on supplies or office devices, since well-established corporations’ marketing strategies includes selling and donating. Usually, corporations donate to the charity (Greechie, 2016).
Finally, threats strategic analysis factor refers to non-profit economic vulnerability. Since, non-profit depends on donations, they are supposed to continue providing services during economic disasters. However, during financial crisis, charity is affected, since companies must cut expenses as well as donations. Small impracticability may damage…

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