NGO Business Plan

Introduction

Wondering what the world would be like for the poor and less privileged living in many countries all over the world if there wasn’t a “Non-Governmental Organization”?

Non-Governmental Organizations referred to as NGOs, are usually non-profit and sometimes international organizations independent of governments and international governmental organizations (though often funded by governments) that are active in humanitarian, educational, health care, public policy, social, human rights, environmental, and other areas to effect changes according to their objectives.

The fact remains that the non – profit industry is a major component in the equation of our world; be it social welfare, health care, education, spiritual, as well as other ramification of life.

Non – profits organizations (NPOs) are establishments that make use of their excess revenues to pursue a cause that would be beneficial to the public or a particular group of people. In a nutshell, the overall goal of non – profits organizations are to be successful in terms of wealth creation and also to be a success when it comes to giving value to the groups of people they direct their services at or to the cause they choose to pursue.

It is worthy to note that Non – profit organizations can decide to operate as a charity organization or service organization. This means that they may choose to be organized as a non-profit corporation, a trust, a cooperative, or they may choose to exist informally in some cases.

For instance; an organization that is termed a supporting organization usually operates like a foundation, but such a structure might be somewhat complicated because it holds more favourable tax status and is by law restricted about the public charities they can support.

The fact that an organization is considered to be a non-profit organization does not in any way mean that the organization does not have the intention of making profits. As a matter of fact, most non – profit organizations have revenue-generating ventures established for the sole purpose of supporting the organization (their cause).

Even though non – profit organizations are allowed by the law to run a profit-making business venture, but there may be a constraint to the extent at which they are able to generate excess revenue and even make use of the excess revenues being generated.

There are several not for profit organizations that have grown so big so that the area which they cover is not just restricted to the location or country where they operate, but also to other parts of the world. For example; one of the wealthiest Non – profit organizations are found in the United States of America – The Bill and Melinda Gates Foundation, with an endowment fund of about US$38 billion that covers countries all over the world and not just the United States of America.