Resource ID: INDIGO-ARES-0177
Link: https://fmaonline.net/nonprofit-financial-management/financialresources/fundingtool/
A new grant or contract can be vital to funding your organization's programs—but brings responsibilities and risks as well. This tool will help you evaluate whether a funding opportunity makes strategic sense and is feasible for your organization.
The tool focuses on three areas: Can you deliver the program? What financial impact will it have on your organization? And, can you manage the contract? After answering the questions in each section, you will see how good a "match" the opportunity is for your organization, along with points to consider in making a decision about what to do. The degree of fit is illustrated by colors: green for a close, yellow for a possible , and red for questionable match.
Impact goal: Health, Defence, Housing, Agnostic, Democracy, Education, Well being, SDG oriented, Social impact, Local rejuvenation, Sustainability eco, Development poverty reduction, Employment financial well being
Internal/external: External, Internal
Leader: Fiscal Management Associates (FMA)
Method: Mission alignment, Ex ante projections
Output format: Ordinal
Scale: Meso
Sourcing: Self driven
Time frame: Prospective
Type: Tool
Used in sectors: Charity
Who: Third sector
INDIGO data are shared for research and policy analysis purposes. INDIGO data can be used to support a range of insights, for example, to understand the social outcomes that projects aim to improve, the network of organisations across projects, trends, scales, timelines and summary information. The collaborative system by which we collect, process, and share data is designed to advance data-sharing norms, harmonise data definitions and improve data use. These data are NOT shared for auditing, investment, or legal purposes. Please independently verify any data that you might use in decision making. We provide no guarantees or assurances as to the quality of these data. Data may be inaccurate, incomplete, inconsistent, and/or not current for various reasons: INDIGO is a collaborative and iterative initiative that mostly relies on projects all over the world volunteering to share their data. We have a system for processing information and try to attribute data to named sources, but we do not audit, cross-check, or verify all information provided to us. It takes time and resources to share data, which may not have been included in a project’s budget. Many of the projects are ongoing and timely updates may not be available. Different people may have different interpretations of data items and definitions. Even when data are high quality, interpretation or generalisation to different contexts may not be possible and/or requires additional information and/or expertise. Help us improve our data quality: email us at indigo@bsg.ox.ac.uk if you have data on new projects, changes or performance updates on current projects, clarifications or corrections on our data, and/or confidentiality or sensitivity notices. Please also give input via the INDIGO Data Definitions Improvement Tool and INDIGO Feedback Questionnaire.