- Chris Ogbonna
  1. Introduction:
  • Briefly introduce the organization and its mission.
  • Highlight the need for a comprehensive resourcing plan and strategy.
  1. Resource Mobilization Goals:
  • Define the organization’s specific funding goals for the next 1-3 years.
  • Consider factors like funding gaps, operational costs, and program expansion plans.
  • Ensure goals are SMART (Specific, Measurable, Achievable, Relevant, and Time-bound).
  1. Funding Landscape Analysis:

Existing Sources:

  • List current funding sources.
  • Analyze the reliability and sustainability of each source.
  • Identify potential risks associated with existing funding sources.

Potential New Sources:

  • Research and categorize potential new funding sources (e.g., government grants, private foundations, individual donors).
  • Consider diverse funding avenues like earned income ventures, social impact bonds, or crowdfunding.
  • Evaluate the eligibility criteria and application processes for each potential source.
  1. Operational Cost Assessment:

Cost Categories:

  • List and categorize operational costs (e.g., staff salaries, administrative expenses, program costs, travel, and technology).
  • Estimate the annual or bi-annual budget for each cost category.
  • Identify opportunities for cost optimization and resource allocation efficiency.

Cost-Saving Strategies:

  • Brainstorm and outline strategies to reduce operational costs without compromising program quality.
  • Consider options like volunteer recruitment, resource sharing with other organizations, or negotiating discounts with vendors.
  1. Resourcing Strategies:

Develop a mix of strategies to secure funding from various sources:

Grant Proposals: Outline a plan for writing compelling grant proposals that effectively communicate the N organization’s impact and align with donor priorities.

Fundraising Events: Explore the feasibility of organizing fundraising events (e.g., galas, charity auctions) to generate additional income.

Individual Giving: Develop a strategy to cultivate individual donors through targeted campaigns and relationship building.

Corporate Partnerships: Explore opportunities to partner with corporations through sponsorships, cause-related marketing, or in-kind donations.

Advocacy: Engage in advocacy efforts to influence policy and increase public funding for local development initiatives.

  1. Stakeholder Engagement Plan:

Identify key stakeholders:

  • List individuals, organizations, and institutions with a vested interest in the organization’s success (e.g., government agencies, donor organizations, private sector, community leaders).

Engagement Strategies:

  • Develop specific strategies to engage with each stakeholder group (e.g., regular meetings, workshops, information sharing, participation in events).
  • Aim to build strong relationships, foster collaboration, and leverage stakeholder networks to secure resources and support.
  1. Monitoring and Evaluation:
  • Establish a system to track progress towards resource mobilization goals.
  • Define key performance indicators (KPIs) to measure the effectiveness of fundraising efforts and resource utilization.
  • Conduct regular evaluations to assess the success of the resourcing plan and identify areas for improvement.
  1. Conclusion:
  • Summarize the key elements of the resourcing plan and strategy.
  • Emphasize the importance of flexibility and adaptability in responding to changing circumstances and funding opportunities.
  • Outline the next steps for implementing the plan and ensuring the organization’s long-term financial sustainability.