NPM700 Lecture 7: Chapter 7 Resource Development - Chapter 7
WELCOME!
NPM700
Lecturer: Azhar Laher
Resource Development
Today’s Learning Objectives
• Explore the concept of “resource development” and its
related terminology
• Discuss some interesting facts related to giving in Canada
• Identify the primary ways Canadian NPOs generated earned
income (not donations)
• Understand the elements of a development program
• Discuss the importance of evaluating development activities
Why Resource Development matters?
✓ For-profits generate revenues by selling products and
services.
✓ Some NPOs sell products and services but it’s not enough to
cover their expenses. This forces them into the field of
resource development.
✓ Resource development is a huge field and those that
practice it professionally, can obtain a professional
designation like the CFRE (Certified Fund raising Executive)
Document Summary
Explore the concept of resource development and its related terminology. Discuss some interesting facts related to giving in canada. Identify the primary ways canadian npos generated earned income (not donations) For-profits generate revenues by selling products and services. Some npos sell products and services but it"s not enough to cover their expenses. This forces them into the field of resource development. Resource development is a huge field and those that practice it professionally, can obtain a professional designation like the cfre (certified fund raising executive) Fundraising professionals are in short supply and with such high demand, professionals are rarely with any single organization for long. Resource development is an umbrella term that refers to everything from fee for service revenue to entrepreneurial ventures (all non-government funding) Fund development refers to a system that raises philanthropic and sponsorship support for an organization.