Strong financial management


Assignment:

Because the moneyneeded to operate a not-for-profitorganizationcomeslargely fromprivate donations and public grants, spending the money wisely is a top priority.

In addition, where there is money,there is the temptation to misuse it. Strong financial management and a commitment to ethics go hand-in-hand for a well-managed not-for-profitorganization.
 
Complete the SWOT Analysis Worksheetto assist you in evaluating the financial management practices and ethical considerations of your chosen not-for-profitorganization. You will use this information to prepare your analysis. You will notsubmit the worksheet as part of the milestone assignment.
 
Prompt:

Analyze the financial management and ethical practicesof the not-for-profit organization on which you will perform your strategic analysis.
 
Specifically, the following critical elementsmust be addressed:

I. Introduction:

Write an introduction to your paper that includes a hook and a controlling idea (thesis). The introduction should generate interest and let the reader know what to expect in the paper.
 
II. Analysis:
 
a. Finances:
 
i. Discuss the organization's current budgetary resources, structure, and responsibilities.
 
ii. Discuss the organization’s current fundraising campaigns, grant possibilities, and planned giving opportunitiesand their impact on the overall budget.
 
iii. Determine potential challenges to the financial operation of the organization based on your analysis of its overall financial management.
 
b. Ethics:
 
i. Discuss the organization's handling of budget and fundraising transparency, specifically in regards to itsadherence to established codes, principles, and ethics of the industry.
 
ii. Discuss ethical considerationsthe organization faces related to conflict of interest, privacy, and compensation.
 
iii. Evaluate how the ethical operation of this organization has impacted its public image.
 
III. Conclusion:

Write a conclusion to your paper that summarizes the organization’s leadership strategies and communication practices. Tie the conclusion back to your controlling idea (thesis).

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Strategic Management: Strong financial management
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