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D.A. Gray, Director of Philrep Christian Ministries, delves into the critical challenge of sustainable finance faced by NGOs of all sizes. In the wake of global crises such as terrorism and economic downturns, securing reliable funding sources is paramount. This insightful discussion outlines the three primary funding sources—government, self-generated income, and private philanthropy. Gray emphasizes the vital role of communication in achieving financial sustainability, advocating for effective outreach through newsletters, visitor engagement, and a strong online presence.
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How to get ahead, Without twisting an arm. D.A. Gray Director Philrep Christian Ministries, Inc., Cebu, Philippines
The universal problem facing all NGOs – big or small – is sustainable finance
September 11,2001 • The first decade of 21st century has seen: War on Terrorism Military interventions (war) Unprecedented natural disasters Global Economic Crisis
All NGOs need reliable, sustainable sources of funding. • Funds come from 3 sources: Government/Public sector Self-generated income Private Giving - Philanthropy
The key: COMMUNICATION
Website www.philrep.com
Financial sustainability is a challenge • PHILANTHROPY • VOLUNTEERISM It works for us!!