Resource Mobilization in CSOs Part II
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.
Last modified: July 23, 2021