Allan and Nesta Ferguson Charitable Trust

Project details

Partner(s):

NA

Our Involvement:

SAIE is raising money that will be placed in an institutional fund that will be used to support the long term sustainability of the organisation. A traget amount will be raised and placed in a Money Market environment, where only the interest will be used for institutional operating costs.

Project Progress:

This project is in process

Funder:

Allan & Nesta Ferguson Trust

Product:

Institutional Strengthening

Location:

Western Cape



 

Project Completion:

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Institutional Strengthening

Over the years, from a funding perspective, NGOs have not only battled to balance their cash flow but also tend to live from feast to famine – with many falling by the wayside in their attempts to meet their social objectives while also attempting to be financially sustainable. SAIE is no exception – however it has managed this juggling act for over a decade. Donors’ traditionally only prefer to fund the direct costs of project leaving NGOs with the challenge of scrounging for their running costs. This leaves little room for growth, innovation and organizational strengthening. Because of this, SAIE has established an Institutional Strengthening Fund. Donations to this fund will be invested into a money market environment, and as such will earn interest. Only the interest will be used from the fund to support operational overheads. As the fund grows, so too will the interest and at a point in the future the value of the fund will be able to generate the interest required to support the organization on a month-by-month basis.

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