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Monday, June 8, 2015

Questions for Non-Profit Board members

INVESTMENT DECISIONS


Do we have enough money to fund this?
Will this investment be cost efficient?
Does this investment meet our strategic objectives?
Look at budget of prorgamme, cost per beneficiary pre and post investment, incremental cost per beneficiary, composition of expenses by programme/type of beneficiary/location pre-and post investment.

ONGOING MONITORING

How are our programmes doing against budget?
Where is the money from?
Where is the money going to?
How much of our activities have committed funding?
Have there been any changes in our funding priorities over the years?
Look at : Actual expenditure to date vs budget, composition of income, composition of expenses and whether funding priorities change over time.

OUTCOME MEASURES

How cost efficient were our investments?
How effective were our fundraising efforts?
For every dollar spent, where did the money go to and how much reached our beneficiaries?
Look at : cost per direct beneficiary, cost per indirect beneficiary, amount raised per $ on fundraising, composition of every dollar spent by programme/type of beneficiaries/type of expense, % spent on admin vs programmes.




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