Not-for-Profits: Doing More with Less report
According to the latest survey of not-for-profit organisations by Grant Thornton NZ, the three most challenging issues for the not-for-profit sector are the same three issues identified in the previous survey:
- Where will the money (funding) come from?
- Given that choices need to be made, where shall we spend our money?
- How do we retain and motivate key staff?
The report, entitled Survival: the ongoing challenge of having to deliver more with less, states: "The critical need to supplement grants and donations with fundraising activities remains top of mind for most not-for-profit organisations.
"Fundraising is a continual challenge, which, if targets are not achieved, leaves not-for-profit organisations with the added pressure of having to deliver more with less. With the level of donations remaining comparatively static over the last couple of years, anecdotal evidence indicates that companies and individuals are being more selective in which organisations they wish to support. Fundraising has become even more competitive than before."
To download the report visit: http://www.grantthornton.co.nz/