Innovative financing strategy for ActionAid International
The changing landscape of aid and development presents significant challenges for fundraising by non-profit organisations and NGOs. Factors such as financial pressures on governments due to crises, a changing political and economic climate, and rising costs make fundraising increasingly complex. ActionAid International is also facing the consequences of these challenges. To continue fulfilling its mission and increase its impact, ActionAid is seeking innovative ways to raise additional funds and tap into new sources of financing.
ActionAid International‘s Request
ActionAid asked Social Finance NL to explore new financing models and strategies to enhance their fundraising capacity. The aim was to establish a solid foundation for sustainable fundraising that aligns with ActionAid’s values, such as feminism and decolonisation, while being flexible enough to respond to future challenges.
The SFNL Approach
Social Finance NL conducted a strategic research process, including a literature review of existing financing models, with a focus on those that align with ActionAid’s mission and core values. One of the new approaches involves using innovative financing methods to generate more unrestricted funding. Another option is utilising traditional financial instruments, such as concessional loans, to unlock more capital for fundraising activities. The opportunities and risks of these approaches were mapped out and tested against relevant policy frameworks. To enrich and validate the research findings, interviews were conducted with field experts and multiple Global Leadership Teams at ActionAid.
Project | Innovative financing strategy for ActionAid International |
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Year | 2024 |
Type | Research, Advise |
Parties | ActionAid International, Social Finance NL |
Location | Global |