“A financially sustainable National Society attracts and manages the financial resources it needs to deliver humanitarian services in a transparent and accountable manner.
It manages financial risk and opportunities balancing the humanitarian strategy to respond to present and emerging needs with the adaptive organizational structure and processes that enable delivery on that strategy. “
Building Financial Sustainability is not only about increasing financial income. While attracting and managing resources are key elements for NS Financial Sustainability, it goes hand-in-hand with an effective positioning (based on its core business and mandate) of the NS, and sustainable business models and structures. Along with it, the organisation’s ability to manage risks and opportunities are essential.
The study on NS Financial Sustainability made clear that there are three interlinked domains that contribute to strengthening a National Society’s Financial Sustainability, and an underpinning fourth domain:
- Positioning the National Society within the national humanitarian ecosystem, and designing National Society programmes and structures in the light of the National Society’s mission and strategy, as well as realistically available resources,
- Attracting financial resources into the National Society, in particular building revenue streams that will remain stable into the future,
- Managing financial resources accountably and transparently, and sharing data to enable effective strategic decision-making and financial risk management, and
- Strategic National Society leadership involvement is critical to enable the efforts in these three areas to collectively contribute and result in becoming more financially sustainable.
NS Financial Sustainability Guide and Toolkit for COVID-19
These Guidance and the Toolkits are intended to assist National Societies to reflect on its short-term and long-term Financial Sustainability in response to COVID-19 and its economic impact. It is recommended to use this Guidance and the Toolkits as a suggested reflection point and adapting them to the needs of each National Societies.
- Executive Summary: EN, FR, SP, AR, RU
- Guidance: EN, FR, SP, AR, RU
- Toolkit (would link you to FedNet): EN, FR, SP, AR, RU (as these are some sensitive documents and not for the public, we decided not to post it on Sokoni, but instead I appreciate if you could share the link to FedNet)
Please use the toolkits to help get started in your planning, preparation and action.
If you need more support, please contact either your regional office or the Geneva office of the IFRC.
Also, platforms are set up to facilitate discussion and co-creation of approaches for this topic.