WACT (We Are Changing Together) is a Non-Governmental Development Organization for Development (NGOD) whose core activities focus on supporting communities in what concerns health, education and economics, either in Portugal and São Tomé and Príncipe. Being a non-profit organization, it is an ongoing challenge how to finance the proposed actions since most of the financing comes from public and private partnerships. Aiming to turn WACT into a self-sustainable organization, it is mandatory to access the strategic capabilities of the NGO and find a way of getting financial returns through its own activities, apart from the funds already offered by other entities, such as Government funding and private philanthropy. The solution found was the creation of a commercial entity called proWACTive, which focus on a variety of business activities that generate revenues to the NGO, rather than focusing on the non-profit activities of WACT mainly done through voluntary actions. The co-existence of these two activities is the best model, as it enables the maximization of social support and fiscal benefits, such as the pro-rata VAT method, which allows the reduction of the VAT deduction. Social enterprises are authorized to engage in these economic activities for the purpose of raising money to apply in the non-for-profit activities. Thus, the NGOs principal purpose is not the commercial activity but rather the carrying out of the social projects for which the organization was created, which can be improved with the extra investment money that the economic activities bring to the organization. In order to achieve an excellence arrangement for this NGOD management challenge, this project will focus on the financial sustainability of the N... ... middle of paper ... ... does in-person programs for low income students in the areas of fitness, nutrition, and leadership with a main focus on fighting childhood obesity. At the same time, it has a for-profit business that focuses on online nutrition and fitness programs for consumers, online corporate wellness, and online pregnancy fitness and nutrition. It brings advantages to the non-profit sector as there have been developed a lot of R&D on the for-profit side which is licensed to the non-profit for free, giving it "bonus" resources. Portugal also has several good examples, namely the case of Mó de Vida, which is an NGO for Development that seeks to contribute to the creation of a critical consciousness to the current development model. The NGO develops Fair Trade awareness projects in the community and, at the same time, it practices Fair Trade in fairs to raise funds for the NGO.
Brainard, L.A., & Siplon, P.D. (2004). Toward Nonprofit Organization Reform in the Voluntary Spirit: Lessons from the Internet. Nonprofit and Voluntary Sector Quarterly, 33 (3), pp. 435-457. Retrieved from http://nvs.sagepub.com.ezproxy.liberty.edu: 2048/content/33/3/435.full.pdf+html
This paper will discuss about organizational structure, philosophies and business practices of for-profit healthcare organizations and non-profit organizations. The most essential dissimilarity between nonprofit and for-profit organizations is the reason they exist. As for-profit organization in healthcare, they are generally found to generate income for entrepreneurs and their employees. However, nonprofits are generally found to serve a humanitarian or environmental need. Furthermore, nonprofits an organization does not pay property taxes due to a consideration of a charity and they establish a certain community in agreement with state and federal (Ingram, 2014). For-profit organizations they recommend services that are important in the marketplace, choosing to disseminate profits between employees, owners, shareholders and the company itself. Also, the company shares, stock to increase revenue in order to extend the hospital activities (Ingram, 2014). On the contrary, nonprofit hospitals accept everyone who comes in the doors and normally, they get busier than for-profit hospital (Writing, 2014). Non-profit organization (NPO) is an association that uses total welfare to accomplish their goals than dispense them as profit. The non-profit organization goals and purpose is not in terms of wealth, but in terms of giving significance to the groups
The case study derives that the hypothesis of organisational change to adopt participatory approach out of donor agency’s agenda has significantly influenced GSDA to opt participatory approach. Though there is no direct pressure from the donor agency to adopt participatory approach in its working, the success of WB pilot projects in the State has greatly influenced GSDA and the policy makers to regularise this new approach. Subsequently, it acted as a driving force to involve local community in the process of planning, design, implementation and operation and maintenance of the projects. The projects proposed an Institutional Model through which the management of GW is attempted. This Institutional Model, in turn, was designed to get representation from all types of groups in the society including women. The training component of WB project helped change the mindset of GSDA staff towards new approaches and face the new challenges in GW management.
This teaching note will serve as complementary analysis of the case developed about Enactus Tilburg University, the branch of Enactus International operating in Tilburg area. Enactus International is an NGO with the main purpose of "enable progress through entrepreneurial actions" (Enactus.org), the organization was founded in 1975 in the United States with the name of SIFE (Students in free enterprise). The operating model adopted since the beginning is based on student volunteers from all around the world, every group, as long as part of an educational institution and formed at least by 4 people can become part of Enactus with a sort of franchising model (excluding obviously the royalties concept, considering the charity nature of the organization), once that the two above mentioned conditions are met a new Enactus cell is formed. Each subsidiary has total autonomy in organizing itself in teams and in undertaking projects on a local basis. Is in this way, through a group of 4 students that in 2007 Enactus Tilburg University was formed, from then till now its growth has been exponential both in terms of volunteers recruited and of donations received. The case study that we wrote about Enactus Tilburg University we talked about the organization, its internal processes concerning the projects and the industry context, finally we introduced the main challenges the organization faces at the moment, specifically how to manage the transition between teams and management when the student volunteers leave the organization at the end of their studies in Tilburg and how to ensure the firm's long term survival and financial sustainability. In this teaching note I'm going to use two theoretical concepts from our course read...
In this undertaking, the foundation targets at developing knowledge related to managing and governing the nonprofit organization. KKFfocused on providing training on management, proposal writing, fundraising strategies, and strategic planning. KKF kept a database of the complete count of the Kingdom`s nonprofit organizations. This database accessible through KKF’s website. The group fights for higher revenues but does not intend to distribute this income to the shareholders; instead, it further used to achieve the mission and vision of KKF (Al-Fawzan, 2011).
Social economy mainly includes cooperative, not for profit, and voluntary activities which make this concept similar to third sector of society that includes citizens associations and foundations. Third sector is defined by reference to the public sector (state, government, public administration) and the private sector (com...
... four functions of non-profit organizations are extremely important for the survival and future of an organization, and for the quality of services to be provided by an organization.
This piece is an executive summary of the processes and steps required for selecting a winning Implementing Partner for development work. It is the first in a series meant to enrich the body of knowledge available on the topic and provide guidance to local Non Governmental Organizations (NGOs) desiring to manage donor funds.
An organization can raise funds through donations. An organization may attract donor funding depending on their activities and the mission statement. Organizations that mainly enjoy the donor funding are mostly the non-governmental organizations the highest of the beneficiaries being the non-profit organizations. These organizations attract donor funding by engaging in social services geared towards assisting the needy and the less fortunate (About.com, 2011).
The objective of the dissertation is to use the belief of Giddens’ structuration theory of impacting factors to answer the question of “How do nonprofit organizations successfully scale
The foundation implements agricultural development, financial services for the poor, and water sanitation and hygiene by donating and partnering with family organizations.
Throughout this “Business and sustainable development” course, I am honored to have the opportunity to attend different guest speakers’ lectures and listen to them sharing about their past experiences as well as sharing their personal opinions about sustainable development. The guest speakers are from non-profit aid organization, both public and private sectors, as well as NGOs. Some of the main messages that I learned from these lectures include being innovative, listen and obtain advices from experts and other parties in order to make changes and raise awareness of different parties. Effective learning involves engaging more in the organization. It is also important to learn from the previous mistake, dare to be different and set up long
The organization that I would like to raise money for universalGiving, it’s a website which help people volunteer and give and all donation going through the company is going directly to the cause that the person has directly donated it to and the cause of the company is giving people opportunities to donate money all over the world and univeralGiving vision is to ‘‘create a world where giving and volunteering are a natural part of everyday
Their financial goal is to sustain the longevity of its operations by distributing profits equally among its stakeholders. The stakeholders of a social enterprise are usually a group of people or a community in the marginalized sector of society. These include the Persons with disabilities (PWDs), ethnic groups, and the urban poor communities. On the other hand, commercial enterprises focus on commercializing social value through innovation. Its financial goal is profit
These two Non Government Organizations: ABS – CBN Sagip Kapamilya and GMA Kapuso Foundation does affect an individual’s life, but it can affect each of everyone in different ways. In the collection of donations, GMA Kapuso Foundation found in – kind donations more important that monetary donations, while ABS – CBN Sagip Kapamilya Foundation found monetary donations the most important of all the donations. However, there are also some similarities between these foundations. GMA Kapuso Foundation has a goal of uplifting and aiming a better life to the beneficiaries, and so did ABS – CBN Sagip Kapamilya Foundation. Also, both of them are willing to serve the Filipinos with all of their heart. However, some results in this paper stated were different from the research which is stated. Example is their vision and their core principles.