Considered choices for funding decisions: how to calculate the real cost of donor-funded projects; when to say “yes” and when to say “no”
Development in Practice: volume 23 Issue 4 June 2013
NGOs regularly seek funding from a variety of donors, to help them to deliver worthwhile activities. Often the activities work well and a donor covers the full cost. But sometimes a successful funding proposal can make the organisation vulnerable, by committing itself to additional overhead expenditure not covered by a donor.
This article looks at a system whereby the financial aspects of project proposals can be assessed earlier, before funding is applied for and accepted - providing a way of knowing the impact on the organisation and its staff, and allowing organisations to calculate the real cost of donor funded projects. Click here