Developing a Committee to Help with Financial Sustainability

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Developing a Committee to Help with Financial
Sustainability
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A financial sustainability committee is a group
that helps you raise money or obtain goods for
your project
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Advantages of a committee

• Obtain resources
• Ease the transition between funding sources
• Meet funder's requirements
• Allow staff to properly focus time and energy

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It is never too early to start thinking
aboutsustainability
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When should you develop a committee

• Funding is uncertain
• Your group does not have all the resources it
  needs

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When shouldn't you develop a committee

• Your organization has guaranteed resources
• Your organization has enough resources
• You have no plans to remain active in the future
• The Board is already doing the work

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Forming a committee

• Brainstorm possible members
• Decide how large you would like the committee to
  be
• Recruit members
• Set a date for the first meeting
• Take care of the logistics
• Hold the first meeting
• Congratulate yourself
• Continue holding regular meetings

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Maintaining the committee

• Hold regular meetings
• Ask members to talk about what they have done for
  the project during meetings
• Thank members for their efforts
• Send thank you notes to people who donate money
  or goods