Not-for-profits’ prime concerns: finance and fundraising

Not-for-profit organisations are becoming increasingly concerned about finance and fundraising, according to a nationwide survey by international accounting firm Grant Thornton.

Financing the organisation was identified by 72% of survey respondents as one of the three most significant issues they faced during these challenging economic times, with 47% saying that fundraising was also a key area of concern.

Both these figures were up significantly from the last survey two years ago and the highest since the survey first started in 2003.

Other areas of significant concern are the role of the board in relation to governance, retaining and motivating staff and the managing and compliance costs of staff.

Download the report from www.grantthornton.co.nz/Assets/documents/pubSeminars/NFP-Survey-2009-2010.pdf (PDF document, 700 Kb)