Saturday, November 16, 2013

FUNDRAISING ADVISORY SERVICE FOR NGOs

Good Governance Forum is the first and only think tank on governance in Pakistan that offers
fundraising advisory service for both non-profit and for-profit non-governmental organizations, commonly called NGOs,  to generate funds through governmental and non-governmental donor agencies to 
(a) start a new project
 (b) expand an existing project
(c) meet operational expenses of an existing project. 

There are over 120,000 donor agencies, including governmental and non-governmental, around the world. In addition to it, there are several portals for mobilizing funds from individual and institutional donors. 

We have the largest, most diversified and updated data on funding opportunities from donor agencies across the globe. We regularly circulate current funding opportunities among NGOs as well as post them on our blogs. We also interact with the donor agencies and the funding portals.


Fundraising Advisory Service on Fee Basis

We facilitate the NGOs to (a) identify the donor for their specific field of work, (b) facilitate the preparation of the concept note or the funding proposal as per requirements of the donor and (c) authenticate the relevant NGO and the concept note or funding proposal from our platform as a third party for the approval of the donor agency, if needed. We do not, however, guarantee the project will be approved, though we will facilitate the relevant NGO in completing the formalities for the approval of its project proposal and do our best to facilitate its approval.

Following is the laid down procedure for availing our fundraising advisory service:

1. The process of advisory service will start when we receive a written request from an NGO for availing our fundraising advisory service along with the payment of the non-refundable Registration Fee (Application Processing Fee) of Pak Rs 25,000 (Non Refundable) or the equivalent amount in USD.

2. The applying NGO will send us the Concept Note of its project. The Concept Note is normally a summary of the Project Proposal. The format can be viewed at http://fundraisingadvisoryservice.blogspot.com/p/what-is-concept-note-concept-note-is.html.

2. We will study the Concept Note to have a preliminary assessment of the proposed project and its applying NGO.

3. If there is more than one proposed project for which funding is desired, the non-refundable Registration Fee (Application Processing Fee) of Rs 25,000 will be charged separately for each project. 

4. The applying NGO will issue the Letter of Acceptance of the Terms and Conditions of the Fundraising Advisory Service soon after the Registration Fee (Application Processing Fee) is paid.

5. We will charge 5% to 15% of the funds actually received by the applying NGO as our Fundraising Service Fee. Higher the funding amount, lower the percentage of our service fee. We will do our best to facilitate the applying NGO but cannot guarantee grant of funding and/or its time duration. That’s why we will take our Fundraising Service Fee ONLY after the funds have been disbursed to the applying NGO. 

Schedule of Fundraising Service Fee

15% of the donations up to Rs one million or equivalent in US dollars
10% of the donations above Rs one million but less than Rs 10 million or equivalent in US dollars
05% of the donations of Rs 10 million or above or equivalent in US dollars

6. The applying NGO will bear the expenses of airfare, accommodation and food, and local transport if any representative of the Good Governance Forum is required to visit the applying NGO, or any of its facilities anywhere in or outside Pakistan. 

7. The non-refundable Registration Fee (Application Processing Fee) of Rs 25,000 can be deposited in cash at any branch of our bank in Pakistan for online transfer to our account. Cheques are accepted in exceptional circumstances. Bank account details can be obtained by emailing to goodgovernanceforum@gmail.com. The foreign NGOs can remit the amount through wire transfer.


Fundraising Advisory Service on Retainership Basis

In case an NGO doesn't want to avail the Fundraising Advisory Service for project to project fundraising assignment, it can hire our services on retainership basis. We can organize the resource mobilization department of the NGO or set it up, if its not there, train the staff members and facilitate in raising funds from within and outside Pakistan.  The retainership is to be paid on month to month basis for as long as the NGO desires.

           Facilitation Service for Formation of NGOs in Pakistan

Good Governance Forum also facilitates social entrepreneurs in the formation of NGOs in Pakistan under the various legal framework options. These options can be viewed at http://www.secp.gov.pk/corporatelaws/pdf/CompaniesOrdinance1984_02-10-13.pdf and http://asp.org.pk/indepth/csos_covernance_resources/1.pdf


Answers to FAQs

1. You can form a not-for-profit NGO and apply for funding on GlobalGiving. The NGO can be formed under the Companies Ordinance 1984 and the Societies Registration Act 1860. 

2. You can raise donations without forming an NGO for profit or no-profit at any of the relevant Crowdfunding platforms for the purpose of expanding your services, upgrading your facilities or providing quality services at low cost to your community etc.

The donors in both the cases (1) and (2) will be individuals, not institutions.

3. The donors look for (a) desirability of the project for the community where it is to be located (b) viability of the project to sustain for years to come and (c) professional competence of the project sponsors/management. 

4. Good Governance Forum can verify the NGO's credentials and plans to facilitate the approval of the project funding. Conditions apply.

5. Good Governance Forum charges separately for providing other services such as facilitation in the formation of NGO, lawyer's fee for the formation of the NGO, preparation of concept paper/proposal, designing of project profile to be posted on GlobalGiving and Crowdfunding platforms and the promotional activities to bring donors to the project post. There is NO binding to avail any of these functions from the forum. The project sponsors can do it without facilitation from the forum if they so like.


Good Governance Forum
Leading the Way to the Challenge of Change in Pakistan
Email: goodgovernanceforum@gmail.com
good.governance@ymail.com
Web:  www.goodgovernanceforum.com
Blog:  http://ggovernance.blogspot.com

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