Without a solid strategic plan to guide future decisions, direct staff in the right direction, and help the board and staff assess accomplishments, the organization functions without a rud
An endowment refers to a fund or funds that are generally kept permanently. Their interest income provides for the overall operations of the organization.
If your organization does not rely fully on earned income or government grants or contracts, it most likely is involved in raising funds from individuals, foundations, and/or for-profit corporation
The board must ensure adequate resources to allow the organization to carry on its mandate. Financial resources feed into the health and stability of the organization.
