CHALLENGES AND PROSPECTS OF FUNDRAISING IN ACTION FOR DEVELOPMENT

Abstract

The main objective of this research paper entitled “Challenges & Prospects of fund raising in Action for Development “was to explore the prospects and challenges that the organization is facing with respect to its fund raising practices. Hence as an exploratory research based on data gathered from Interviews, a qualitative data analysis method was employed. A review of the literature relevant to the study and that of the newly issued Charities and Societies Agency regarding the operation and regulation of NGOS is followed by interview with Selected Senior Management Members and selected staff who directly are involved in the fund raising issues. Then analysis of major issues that emerged from the secondary sources and interview is done. Finally conclusions from the analysis and recommendations based on the conclusion are made. Accordingly, resource competition, an enabling legal environment, perception of the community towards providing support for local NGOs are the external challenges identified whereas capacity of the organization, budget scarcity/,lack of reserve fund, lack of viable fund raising strategy, dependence on foreign donors aid only were the internal challenges the organization faced. On the other hand efficient use of resources, image of the organization, organizational capacity, and prevailing local culture towards aid and existence of an enabling legal environment are identified to be the factors that affect fund generation.