Survey into the Not for Profit Sector: 2012 Fundraising
The recent spate of natural disasters across Australia has increased demand for services supporting national and international communities, according to Deloitte’s inaugural survey into the Not for Profit Sector - Fundraising in 2012.
According to Deloitte Private partner, Alison Brown, this increase in demand for their services will mean that not for profits will need to diversify their operations to reduce reliance on Government funding.
Gerard Menses, Chief Executive Officer of Vision Australia and Chair of the National Roundtable of Nonprofit Organisations (NRNO), said the recent natural disasters have highlighted the pressure the sector is already under and the demand for services generally.
Key highlights of the report are:
- Challenges in obtaining increases in Government funding, economic uncertainty and increasing wage pressures will likely mean the not for profit sector will have to do more with less
- Delivering on strategic direction and ensuring ongoing revenue streams will remain a high priority in the sector
- Some not for profits remain under strain to provide services, especially where demand increased
- Survey respondents were positive overall about the future for their sector
- Organisations which embrace challenges and adapt quickly to changing economic conditions will emerge as the winners in the sector
- A significant portion of respondents reported that reducing costs would be a strong focus for 2012
- Operational efficiency is a key requirement in the not for profit space for 2012.