Resource Mobilization in CSOs Part II

Source
USAID

These guidelines focus on cost recovery strategies in Civil Society Organizations (CSOs). Cost recovery strategies can only be successful if an organization has a strong financial management system involving 1) controlling, 2) conserving, 3) allocating, and 4) investing an organization’s resources.

An organization’s resources can include personnel, equipment, supplies, and non-monetary contributions, such as goodwill, intellectual property, and in-kind donations. It is the role of an organization’s financial management team to maintain a balance between the money and funding an organization receives and its financial outlays.