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Financial Capacity and Sustainability in Human Services Discussion
Discussion 2: Financial Capacity and Sustainability in Human Services
Receiving funding from a grant or other source of funds is a great accomplishment. Once the funding is received, the human services organization must be able to manage the funds effectively. The organization must also develop a plan to sustain the program after the funding period ends or the potential for change from the funded program may be limited.
For this Discussion, review the budget provided in the grant proposal that you discussed in Discussion 1 of this Week. Consider how you would prioritize budgetary needs and fundraise to continue covering the costs of this program after the grant period has ended.
BY DAY 4
Post a brief description of the budget presented in the grant proposal you selected. Describe how you might alter the budget after the grant ended or which budget items you would prioritize as you sought additional funding to continue the program. Explain why you would make these changes or prioritize specific budget items. Finally, explain how you would fundraise to meet the budget priorities.
Support your post with specific references to the resources. Be sure to provide full APA citations for your references.
BY DAY 6
Read a selection of your colleagues’ posts.
Respond to at least two colleagues in at least one of the following ways:
Expand upon an idea in your colleague’s post.
Suggest an additional strategy for fundraising and explain why your strategy might be effective.
Colleague 1: Alisa
Description of the budget presented in the grant proposal:
Building Tomorrow (BT) budget gave the expected cost to re-build schools in rural Uganda. Raising $150,000 to complete the construction of 18 public schools original amount was $10,000. The budget was designed to build the school and to provide a partnership among the citizens to help make the schools.
Describe which budget items you would prioritize as you seek additional funding to continue the program:
Building Tomorrow lays out the foundation that it takes a village. Through the training and recruitment, those who serve in the communities will help transform the lives of children within the community. The teacher instills extracurricular activities that promote students understanding of vocational, agricultural, and life skills.
Explain why you would prioritize specific budget items:
I would not change any aspect of the budget funding the program plan is designed to engage the community, and the results have shown through the performance of the student and the effect on the community.
How you would fundraise to meet the budget priorities:
The Building Tomorrow fundraiser are very successful over the last 12 years. In April 2019 the organization raised $190,805 Build-a-School Night to improve literacy and numeracy skills among students. So the fundraiser with the private investor has been a huge success.
Colleague 2: Joy
A brief description of the budget presented in the grant proposal you selected. Describe how you might alter the budget after the grant ended or which budget items you would prioritize as you sought additional funding to continue the program. Explain why you would make these changes or prioritize specific budget items. Finally, explain how you would fundraise to meet the budget priorities.
The grant proposal that I selected was LifeLong Medical Care to Bella Vista Foundation. The budget presented was clear and concise. I would have added a case study of a mother and child in the current Centering Parenting program so that the board could have more easily understood how families find the program and what are some of the benefits to the mothers and children. I would provide a narrative to accompany the budget to show how funds were/will be used and the need for additional funding. I would build on the strengths of the program by adding new partnerships. Also, I would incorporate into the budget funds to accommodate new employees to help expand the reach of the program. By building on relationships and experience, social agencies maintain continuity with their histories and cohesion with donors and other publics (Lauffer, 2011). I would provide a clear and concise depiction of the purpose, plan, and execution of the desired funds.
According to Lauffer (2011), positioning allows an agency to be in the right place at the right time; while, branding allows the agency to be the location best known for the services provided. To fundraise to meet the budget priorities, I would form mutual and beneficial partnerships with local businesses and agencies. Fundraising is a process of soliciting and otherwise generating funds through donations and other means from individuals, businesses, charitable foundations, and public agencies. I would initiate online fundraising, encourage charitable donations, and host events and sales within the community that would bring awareness.
Lauffer, A. (2011). Understanding your social agency (3rd ed.). Washington, DC: Sage.
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