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Description
Romanian NGOs still have a long way to go to reach financial sustainability, the amounts collected through mechanisms developed in the country are increasing but have not yet reached their maximum potential, the need for investment in the development of fundraising mechanisms is high and is directly related to the sustainability of NGOs. Most NGOs are dependent on external and public funding which are unpredictable, with limited duration / coverage, while Direct Debit and SMS donations are used sparingly, although there are significant increases in the amounts collected. At the level of the organization, there is a decrease in the support received from abroad, generated by different factors and there is a need to develop and expand social programs for underserved groups.
In this context, the need for funds is growing, and the organization must increase its capacity, develop new tools with a higher degree of predictability, develop a mix of tools, so as to reduce the risk of depending on a single source of financing or one or two major sources, which in the absence, would jeopardize the provision of social services for people in need. The project aims to improve the fundraising capacity of Concordia Humanitarian Organization, in accordance with the Internal Fundraising Strategy and increasing the capacity and sustainability of the sector, as it aims to involve 4 other NGOs that are active in social field. The organization will update and adjust its Internal Fundraising Strategy, develop fundraising tools and mechanisms, carry out campaigns for individual donations, round-up donations, major donors, corporate sponsorships, and public funding mechanisms/sources.