Summer Internship Project
Summer Internship Project
Summer Internship Project
ON
“NGO FUND RAISING AND MANAGEMENT”
This is to certify that the project titled “NGO FUND RAISING AND
MANAGEMENT” is an academic work done by Prabhat Kataria submitted in the
partial fulfillment of the requirement of the award of the degree of Bachelor of
Commerce Honors at Jagannath International Management School, Kalkaji,
Delhi, under my guidance and direction.
To the best of my knowledge and belief the data & information presented by her
in the project has not been submitted earlier.
SIGNATURE:
NAME OF THE FACULTY: MS. SHILPA LALWANI
DESIGNATION: ASSISTANT PROFESSOR
CERTIFICATE OF COMPLETION
Any accomplishment requires the effort of many people and this work is no
different. Racing against time and fast approaching deadlines, the fact that I was
able to complete this project on time would not have been possible without the
help and support of many people. I thank all of them whose patience and support
were very instrumental.
I would also like to send my sincere thanks to my project guide Ms. Shilpa
Lalwani for her helpful hand in the completion of my project.
I would like to thank my parents who supported me all the time. They supported
me emotionally, motivated me, and encouraged me all throughout.
At last I would like to thank my friends who directly and indirectly helped me in
completing this project report.
TABLE OF CONTENTS
TOPICS. PAGE NO.
Student’s Undertaking
Certificate of Completion
Acknowledgement
Table of Contents
Executive Summary
Introduction
Objectives
Literature Review
Research Methodology
Findings
Conclusion
Learnings
Bibliography
Appendices
EXECUTIVE SUMMARY
This internship was undertaken at Youth India Foundation (YIF). Youth India
Foundation is a social entrepreneurship platform where the nation's youth come
together to form an organisation focused on developing, funding, and
implementing solutions to social, cultural, or environmental issues. Their goal is
to cultivate innovative projects across the spectrum of society, regardless of
income, and to promote ideas generated by India's youth.
NGOs should never rely solely on one type of funding, no matter how lucrative
or secure it appears at the time. It exposes your company to considerable
risks that could derail an otherwise effective operation. Nothing should be
taken for granted, as we have all seen during the recent financial crisis and
recession; even vast endowment money locked away in banks are vulnerable
to changes in the economic situation.
Types of Fundraising
2. THINK POSITIVELY
As you plan for the year, think big; dream a little. Ask yourself, “If
money were not an issue, what would the group do?” Use your
imagination. It is generally easier to scale down your organization’s
plans than to scale up in mid-year. You can begin to assess the
feasibility of these goals in light of your resources. A dose of realism is
necessary at this stage in your thinking, but be positive.
This brief introduction outlines how to take proper care of your funds. Good
financial management involves the following four building blocks:
Keeping records
Internal control
Budgeting
Financial reporting
1. KEEPING RECORDS
The foundations of all accounting are basic records that describe your
earnings and spending. This means the contracts and letters for money you
receive and the receipts and the invoices for things that you buy.
These basic records prove that each and every transaction has taken place.
They are the cornerstones of being accountable. You must make sure that all
these records are carefully filed and kept safe.
You must also make sure that you write down the details of each transaction.
Write them down in a 'cashbook' - which is a list of how much you spent, on
what and when.
If you are keeping your basic records in good order and writing down the
details of each transaction in a cashbook then you cannot go far wrong.
2. INTERNAL CONTROL
Make sure that your organisation has proper controls in place so that money
cannot be misused.
This last control is particularly important. It proves that the amounts recorded
in the cashbook and the reports based on it are accurate.
3. BUDGETING
The first step in preparing a good budget is to identify exactly what you hope
to do and how you will do it. List your activities, then plan how much they will
cost and how much income they will generate.
4. FINANCIAL REPORTING
The fourth building block is writing and reviewing financial reports. A financial
report summarises your income and expenditure over a certain period of time.
Vision of YIF
Youth India Foundation envisages a future for India in which youth work with
all their potential to make their dreams come true. Their vision is: “Every
individual's effort helps bring forth a change. Every action of ours today, will
tell a story tomorrow. Let's all work hard together to write a beautiful story for
India's bright coming days.”
Mission of YIF
Their mission: "We make a living from what we get, but we make a life from
what we give". They believe that they can set a path of life for budding
entrepreneurs by giving them the right experience and exposure. Keeping this
in mind, Youth India Foundation attempts to create India's first youth driven
social entrepreneurship platform where we will be focusing on bridging
science and innovation with social service and welfare. It is their mission to
provide permanent solutions to those in need and we will strive till the very
end to help bring about a change.
Core Team
Founder – Shubhankar Nanda
Co-Founder – Aanis Narnolia, Sangram Sahoo and Pushney Mahapatra
National General Secretary of Departments – Prerna Manocha
National General Secretary of States – Abhiraj Dixit and Saket Vithal Chinta
FUNDRAISING EVENTS
Reflexonia:
AMV stand for animated music video. Music videos are made to promote an
artist or song, and to give them extra time in order to increase sales and
awareness. And due to the current global situation, many artists have chosen
to use an animated format to accompany their recent releases .You don’t
need to social distance in an animation, and production is much less of a
headache in thr time of a pandemic.
E-Porium:
E-Porium is an event in which we are giving a platform to people to sell their
product empowers their business or boost up their business. Participants can
sell their products in their own creative way. Participants can use any
promotional ad like, video and posters for marketing purposes. Making videos
and posters for the products is the responsibility of participants our
organization is not responsible for any posters and videos.
Ideathon:
This event will be shifting the target markets from college students to school
students. For the school students of standard 9th, 10th, 11th and 12th, this
will be an event and a chance to showcase their entrepreneurial skills. They
will have to come up with business ideas (socially responsible startups) and
present it as an exhibition.
Phoenix: A new Beginning:
The Theme involves Brainstorming for the growth of a startup : As the name
itself describes, that in this competition participants have to showcase their
level of creativity by showcasing their business models, startup and revenue
generation ideas. The competition does not end here, the participants will also
get a chance to flaunt their debating and convincing skills.
Youth Talk:
YIF Park Street is organizing an event on the theme “Youth Talks”. There are
two categories, namely: Write-Up and Extempore.
वाद WE वाद:
Cam-penning:
Shakespeare asserted that "earth has music for those who listen" and Nisha's
Handmade Products knits together these melodies and humans. You can find
a range of products from skin and hair products to baked cakes and sharbats
at Nisha's Handmade Products. All the products of Nisha's Handmade
Products are 100% organic and with no added artificial agents.
CHAPTER-2
OBJECTIVES
Objectives
Najev Čačija, Ljiljana, (2013) aims to present the conceptual foundation for
investigating the effects of 'traditional' nonprofit strategic marketing activities
on fundraising success There is a review of existing theoretical and empirical
studies in the field of fundraising. Open questions in fundraising are
addressed, with special emphasis placed on identifying marketing activities
that could result in increased fundraising as well as overall performance of
nonprofit organisations. According to the existing literature, long-term
relationships with donors and the implementation of 'traditional' marketing
activities are critical to fundraising, with fundraising serving as feedback for
nonprofit strategic marketing. This paper also examines the current state and
future prospects of fundraising in Croatia's nonprofit sector.
CHAPTER-4
RESEARCH METHODOLOGY
Research Methodology
Researchers must not only understand how to create specific indices or tests,
how to calculate the mean, mode, median, standard deviation, or chi-square, and
how to apply specific research techniques, but they must also understand which
of these methods or techniques are relevant and which are not, and what they
mean and indicate and why.
QUESTIONNAIRE
A questionnaire is a research tool that consists of a series of questions
designed to elicit information from respondents. Questionnaires can be
distributed to participants in paper form, delivered electronically by email or an
Internet-based tool like as SurveyMonkey, or a combination of the two, with
the participant deciding which mode is preferred.
Types of Questionnaire
Advantages
A survey questionnaire allows you to collect a large amount of
information in a short period of time.
If you employ a standard set of questions with your target audience,
there is less likelihood of prejudice slipping in.
You can apply logic to questions based on responses, but the
questionnaire will stay standard for a group of responders in the same
segment.
Surveying with online survey software is rapid and inexpensive.
It provides a comprehensive set of functions for designing, distributing,
and analysing response data.
It can be tailored to fit your company's tone of voice. As a result, it can
be used to strengthen your brand's image.
The replies can be compared to historical data to determine the
movement in respondents' preferences and experiences.
Respondents may complete the inquiry without disclosing their identify.
Furthermore, many survey software solutions adhere to stringent data
security and privacy standards.
Disadvantages
Respondents can easily ignore online questionnaires.
The respondents hesitate to give out much information over the phone.
It is also an expensive way of conducting research.
There is also a high risk of not collecting enough responses to make
actionable insights from the data.
Research Design
The daunting task that follows the task of defining the research problem is
the preparation of the research project design, colloquially known as the
"research design." A research design is a set of decisions about what,
where, when, how much, and how to conduct an investigation or a
research study. A research design is the arrangement of conditions for
data collection and analysis in such a way that it aims to combine
relevance to the research purpose with procedure economy. In fact, the
research design is the conceptual framework within which research is
carried out; it serves as the blueprint for data collection, measurement,
and analysis. As a result, the design includes an outline of what the
researcher will do, from writing the hypothesis and its operational
implications to final data analysis.
CHAPTER-5
ANALYSIS AND
INTERPRETATION
Analysis and Interpretation
Interpretation
About 52% of our respondents lies between the age bracket of 20 to 30 years.
It means that majority of our respondents belong to Gen Z.
Interpretation
The Youth India Foundation and its mission are known to more than half of
those polled according to the above pie chart representation.
Interpretation
According to the data, the majority of people have a favourable opinion of the
Youth India Foundation and regard it as an asset, as illustrated by the pie
chart above.
Interpretation
Approximately 64% of respondents are likely to recommend the Youth India
Foundation to their peers and friends for charitable purposes.
Interpretation
In this case, 60% of the individuals chose 8 or higher on the likert scale,
indicating that 60% of the participants would likely recommend the name
Youth India Foundation to others.
Interpretation
The total donation process of Youth India Foundation was relatively smooth
for 68 percent of respondents, with no problems encountered.
Interpretation
Approximately 56% of people say they will donate to the Youth India
Foundation again and participate in fundraising activities.
Interpretation
Approximately 14 respondents believed that the Youth India Foundation
recognises its donors.
Interpretation
Approximately 40% of respondents prefer to get fund-raising information via
social media, while approximately 20% regard email as a superior way of
communication.
Interpretation
According to the graph above, approximately 66 percent of people are likely to
be recognised through a thank you letter from the Youth India Foundation.
This demonstrates that the majority of people are very kind and generous and
do not seek much recognition.
CHAPTER-6
FINDINGS
Findings
As per our study the fund raising activities conducted by Youth India
Foundation got a positive response and we got some of them to fill the
questionnaire for feedback. According to the analysis of our questionnaire we
have found the following things:
The majority of our participants were under the age of 30, and they
took part with fire and excitement.
The campaigns drew a sizable number of participants, and the majority
of them are quite likely to return for the fundraising programmes and to
inform their friends about the campaign and the organisation.
Participants have a favourable opinion of the Youth India Foundation
as a result of its fundraising initiatives and positive participant
recognition.
CHAPTER-8
LEARNINGS
WHAT I DID AND I HAVE LEARNED
I have performed the following activities during my internship period and some
lesson learned from these activities which mentioned below; 3.1. Duty and
Responsibility :
Internet browsing for donors fund and sharing with high officials
Provide feedback to Chairman and high authority for the smooth running of
any project
Lesson learned
The above activities which I have done during the internship period enhanced
my knowledge and skill regarding project implementation and public relations.
Some of the experiences are given below;
ii. NGOs should not depend on donor fund. NGOs should diversified their
activities to Micro finance, income generating activities, cost sharing for NGO
sustainability
viii. For smooth project implementation and reaching estimate project target
goals and activities, stakeholders assessment , SWOT analysis can play
important role
xi. GO and NGO coordination is a crucial success factor for any project
xii. Coordination with the local government representatives from the beginning
of program design and planning is helpful to avoid future constraints and
overcome influences.
Naturally one can acquire knowledge and skills at the end of any program. I
have also acquired some knowledge and skills during MDMP program and 3
month internship program. In one sentence I can say this internship enriched
my knowledge , skills which cannot be expressed in language. Still I am
stating some knowledge and skills in brief.
4.1 : Knowledge and Skills Gained : This internship has changed my
professional level which will be helpful in my activities in side YIF and outside
my working station. The knowledge I gained from the course and from
internship period will enhance my personal skill. I have tried to coordinating
the theory (which I have learned from the course) and practice (during
internship). As a result I feel that my quality of work improved and contributing
more in the organization for the development of YIF. Some of these areas
where I have developed myself are mentioned below:
• Initially when I interacted with the community members over phone to get
their feedback on Reflexonia, language was a barrier because they spoke in a
Bhojpuri accent. But after I visited the field, I observed and tried to
communicate in their language, which was important to establish a feeling of
trust.
• Getting a daily update from the Block Coordinator was a challenge in the
beginning since they were not used to constant monitoring. I overcame that by
telling them the importance of regular monitoring for a pilot implementation
project.
• There was a time when I was asked by both my bosses for urgent
submissions. That’s when I met the deadlines successfully by multi-tasking.
CHAPTER-9
BIBLIOGRAPHY
Bibliography
Age
o 10-20
o 20-30
o 30-40
o 40 & above
2. To what Extent would you agree with this statement "Youth India
Foundation is an asset" ?
o Strongly disagree
o Disagree
o Neutral
o Agree
o Strongly agree
6. How well does Youth India Foundation Recognise donors for their
contributions?