Dennis Weston, MAICD, MAHRI, MILT’s Post

Investing for Impact: A Key Strategy for NFPs Not-for-profit organisations (NFPs) are the backbone of positive change in our society, addressing diverse challenges. To achieve their mission and create a lasting impact, NFPs must efficiently manage their finances. One often overlooked aspect of financial stewardship is the strategic investment of surplus funds. Here's why it's vital: Financial Stability: Investments offer a financial cushion in turbulent times, ensuring mission continuity. Long-Term Growth: NFPs can multiply resources, enabling expanded programs and broader impact. Maximising Impact: Earnings from investments can supercharge outreach, enhancing the mission's impact. Donor Confidence: Financial stability inspires donor trust, attracting vital contributions. Sustainability: A diversified income source reduces dependence on external funding. Prudent Stewardship: Investing reflects wise resource management, reinforcing the mission's integrity. Maintaining a culture of surplus fund investment is more than a strategy; it's a commitment to maximising impact and sustainability. Embrace this practice, and your NFP will be better positioned to drive positive change in the world. 💪 #dennisweston #nsw #wagga #nfp #NonProfits #FinancialStewardship #money #business #ImpactInvesting #AICD #governance #NDIS #logistics