Financial Management And Ethics Discussion

Financial Management And Ethics Discussion
Overview: Because the money needed to operate a not-for-profit organization comes largely from private donations and public grants, spending the money wisely is a top priority. In addition, where there is money, there is the temptation to misuse it. Strong financial management and a commitment to ethics go hand-in-hand for a well-managed not-for-profit organization.
Financial Management And Ethics Discussion
Complete the SWOT Analysis Worksheet to assist you in evaluating the financial management practices and ethical considerations of your chosen not-for-profit organization. You will use this information to prepare your analysis. You will not submit the worksheet as part of the milestone assignment.
Financial Management And Ethics Discussion
Prompt: Analyze the financial management and ethical practices of the not-for-profit organization (Bill and Melinda Gates Foundation) on which you will perform your strategic analysis. Specifically, the following critical elements must be addressed:
Financial Management And Ethics Discussion
I. Introduction: Write an introduction to your paper that includes a hook and a controlling idea (thesis). The introduction should generate interest and let the reader know what to expect in the paper.
Financial Management And Ethics Discussion
II. Analysis:
a. Finances:
i. Discuss the organization’s current budgetary resources, structure, and responsibilities.
ii. Discuss the organization’s current fundraising campaigns, grant possibilities, and planned giving opportunities and their impact on the overall budget.
Financial Management And Ethics Discussion
iii. Determine potential challenges to the financial operation of the organization based on your analysis of its overall financial management.
B. Ethics:
iv. Discuss the organization’s handling of budget and fundraising transparency, specifically in regards to its adherence to established codes, principles, and ethics of the industry.
Financial Management And Ethics Discussion
v. Discuss ethical considerations the organization faces related to conflict of interest, privacy, and compensation.
vi. Evaluate how the ethical operation of this organization has impacted its public image.
III. Conclusion: Write a conclusion to your paper that summarizes the organization’s leadership strategies and communication practices. Tie the conclusion back to your controlling idea (thesis).
Guidelines for Submission: Submit a 3- to 4-page Microsoft Word document (not including the title page or references). It should be double spaced with 12-point Times New Roman font, one-inch margins, and APA formatting.

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