Difference between revisions of "Resource Mobilization and Sources of Funding"
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Latest revision as of 11:12, 27 June 2020
There will be two main resources for resource mobilization namely regular and non-regular donations. Regular donations fund operations and non-regular donations fund projects and initiatives. Regular resources are provided by relevant resource networks throughout the world, specifically the parent organization, Chapters, and member supporters. All chapters will ensure their commitment during the fourth quarter of each year and will mobilize funds and commitment by the first quarter of the following year, while the second and third quarters will be the periods for actual implementation. Reporting will be carried out during the fourth quarter of each year. Meanwhile, through non-regular funding sources such as project grant, donation for specific activities, and other grants, most of the project related activities or plan of action will be carried out. The Program and Projects sector in consultation with Management and Board members will identify potential entry points and based on the market requirement or the donor requirement will analyze and formulate proposals, and support management to appraise, finalize and submit them to donor communities. The overall approval for projects will be endorsed by the Board of Directors before the submission to donors.