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You're juggling multiple program initiatives. How do you prioritize funding to ensure success?

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In the realm of non-profit program development, you're often tasked with the complex challenge of managing multiple initiatives simultaneously. Prioritizing funding among these programs is crucial for ensuring their success and maximizing impact. Understanding how to effectively allocate resources can be the difference between thriving programs and those that struggle to meet their objectives. To navigate this, you'll need a strategic approach that considers the unique aspects of each program, their goals, and the overall mission of your non-profit organization.

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1 Assess Needs

When you're faced with multiple initiatives, begin by conducting a thorough needs assessment for each program. This involves identifying the specific requirements and resources necessary for success, such as staffing, technology, or community support. By understanding what each program needs to thrive, you can start to prioritize funding based on these assessments. Remember, it's not just about the amount of money; it's also about ensuring the right resources are directed to where they can make the most significant impact.

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José Chavarría

MA en Desarrollo humano local y cooperación internacional. Gerente técnico senior en planificación y gestión de proyectos de desarrollo humano. Especialista en Monitoreo, Evaluación y Aprendizaje.
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Desarrolle un Mapa de Recursos Crear un mapa de recursos que identifique todos los recursos disponibles y necesarios para cada programa, incluyendo financiamiento, personal, infraestructura y tecnología. Este mapa te ayudará a visualizar las brechas y oportunidades. Aplicación Práctica: Reúna información sobre los recursos actuales y necesarios de cada programa. Utiliza herramientas de visualización como diagramas de flujo o software de mapeo de recursos para crear una representación clara y detallada. Evaluar las necesidades de manera exhaustiva mediante diferentes técnicas, no solo optimiza el uso de los fondos disponibles, sino que también asegura que los programas reciban el apoyo necesario para tener el mayor impacto posible.

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2 Align Goals

For each program, align its goals with the overarching mission of your non-profit. This ensures that funding is channeled into programs that support the core objectives of your organization. If a program's goals diverge from the main mission, it might be less of a priority. Programs that are closely aligned should be considered for more substantial funding as they are likely to contribute more directly to the success of your non-profit's long-term strategy.

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José Chavarría

MA en Desarrollo humano local y cooperación internacional. Gerente técnico senior en planificación y gestión de proyectos de desarrollo humano. Especialista en Monitoreo, Evaluación y Aprendizaje.
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Alinear los objetivos de los programas con la misión de la organización asegura que los fondos se utilicen de manera efectiva y que todos los esfuerzos contribuyan al éxito estratégico a largo plazo. Desarrollar un marco de objetivos (Marco lógico), revisar y priorizar periódicamente los programas, y mantener una comunicación clara y transparente son pasos clave para garantizar esta alineación y maximizar el impacto. Aplicación Práctica: Organizar talleres con el equipo de cada programa para desarrollar objetivos claros y medibles que se alineen con la misión de la organización. Documentar los alcances de resultados de implementación del plan y contrastarlo contra estos objetivos y utilízalos como base para la evaluación continua.

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Chason Forehand

Creator of Transformation Kitchen?? ?? Nonprofit Founder ?? Time2CHANGE Co-Host ?? 2024 H.E.R.O. Award Winner ?? Outlier Project Member 2022 ?? IronTribe Member ?? The LivingWage Educator
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As a young Nonprofit, when we decided to announce our most aggressive program to date only a year into opening our virtual doors, some would've called me crazy. I looked at our mission, vision, and purpose and saw the natural progression from advocacy to a boots on the ground, hands-on program that complimented what we were already doing. It takes tenacity, fearlessness, and a defined sense of purpose to trust the process and move through the mess of creating and doing, but I highly recommend it. Yes, I absolutely believe in careful planning, however I understand all too well that thin line between waiting (to plan) and doing. Be the change you want to see, align your purpose and goals to your programs and go, do.

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3 Evaluate Impact

Consider the potential impact of each program. Programs with a track record of high impact or those that are projected to significantly advance your cause should be prioritized for funding. This evaluation often requires looking at both qualitative and quantitative measures of success. A program that touches many lives or brings about significant change in the community might warrant more funds than one with less demonstrable impact.

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José Chavarría

MA en Desarrollo humano local y cooperación internacional. Gerente técnico senior en planificación y gestión de proyectos de desarrollo humano. Especialista en Monitoreo, Evaluación y Aprendizaje.
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Evaluar el impacto de cada programa es crucial para garantizar que los fondos se dirijan a iniciativas exitosas. Utilizar KPI, realizar estudios de caso y evaluaciones de impacto, y recopilar feedback continuo de los beneficiarios son estrategias efectivas para medir y maximizar el impacto. Priorizando los programas con mayor impacto demostrado, la organización puede asegurar que los recursos se utilicen de la manera más efectiva y eficiente posible. Aplicación Práctica: Contratar evaluadores independientes o colabora con universidades para realizar estudios de caso y evaluaciones de impacto. Publicar los resultados tanto en informes anuales y utilizar los hallazgos en publicaciones externas para mostrar la contribución de los programas.

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4 Risk Management

Managing risks is an essential aspect of non-profit program development. When prioritizing funding, assess the risks associated with each program. Programs that carry higher risks might require additional resources to mitigate potential issues, but they also might offer higher rewards. Conversely, lower-risk programs may not need as much funding but could provide steady, reliable progress toward your organization's goals.

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5 Financial Health

Ensure that you're considering the financial health of your non-profit when allocating funds. It's vital to maintain a balance between investing in promising initiatives and keeping the organization financially stable. Programs that can operate efficiently with less funding or those that have alternative funding sources should be considered for lower prioritization, freeing up resources for programs that are solely dependent on your non-profit's funding.

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6 Engage Stakeholders

Lastly, engage stakeholders in the funding prioritization process. This includes staff, volunteers, donors, and community members who have a vested interest in the success of your programs. Their insights can provide valuable perspectives on where funding could be most effectively used. By involving stakeholders, you also foster a sense of shared ownership and accountability for the outcomes of funded programs.

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José Chavarría

MA en Desarrollo humano local y cooperación internacional. Gerente técnico senior en planificación y gestión de proyectos de desarrollo humano. Especialista en Monitoreo, Evaluación y Aprendizaje.
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Involucrar a las partes interesadas en el proceso de priorización de la financiación asegura que las decisiones sean informadas y reflejen una variedad de perspectivas. Organizar talleres participativos, crear comités de evaluación multisectoriales y utilizar encuestas y grupos focales son estrategias efectivas para recoger feedback, y fomentar un sentido de propiedad compartida. Al involucrar a las partes interesadas, se mejora la transparencia, se fortalece el compromiso y se asegura que los fondos se utilicen de manera eficaz y alineada con las necesidades y prioridades. Aplicación Práctica: Talleres periodicos. Asegúrate de que cada grupo tenga un facilitador para guiar las discusiones, documentar ideas y prioridades que surgen.

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7 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?

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You're juggling multiple program initiatives. How do you prioritize funding to ensure success?

1

2

3

4

5

6

7

1 Assess Needs

2 Align Goals

3 Evaluate Impact

4 Risk Management

5 Financial Health

6 Engage Stakeholders

7 Here’s what else to consider

Non-profit Program Development

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You're juggling multiple program initiatives. How do you prioritize funding to ensure success?

1

2

3

4

5

6

7

1 Assess Needs

2 Align Goals

3 Evaluate Impact

4 Risk Management

5 Financial Health

6 Engage Stakeholders

7 Here’s what else to consider

Non-profit Program Development

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