Good 360
MEDIA, JOBS & RESOURCES FOR THE COMMON GOOD
NEWS  |  Finance, Leadership

Talking NFP Finances – Grow Your Money


Tuesday, 20th July 2010 at 12:33 pm
Staff Reporter
SPONSORED ARTICLE | Has your organisation overlooked an easy source of extra income — the funds you already have? Vanessa Nolan-Woods, the Head of Westpac Social Sector Banking talks about how Not for Profits can grow their money.


Tuesday, 20th July 2010
at 12:33 pm
Staff Reporter


0 Comments


FREE SOCIAL
SECTOR NEWS

 Print
Talking NFP Finances – Grow Your Money
Tuesday, 20th July 2010 at 12:33 pm

Has your organisation overlooked an easy source of extra income — the funds you already have? Vanessa Nolan-Woods, the Head of Westpac Social Sector Banking talks about how Not for Profits can grow their money:

Raising money is a constant activity for most community organisations. But have you overlooked an easy source of extra income — the funds you already have?

Depending on the nature of your organisation, you may hold sizeable sums of money from time to time. These may be the result of an ongoing fundraising effort, a successful event, a bequest or a recent grant win, for example.

Instead of just saving the money, investing it can generate more funds. Community organisations enjoy the same investment opportunities as almost any other business or individual. And just like other investors, the decisions are largely driven by risk.

As this diagram shows, risk and potential return march in step. Of course, the risks are only relative, while the potential to generate extra funds can be significant. What’s more, most investment classes are now accessible via means that mitigate risk — most notably through a selection of managed funds or the diversification of a portfolio of directly held Australian equities.

The other way to reduce risk in a diversified investment is time. Funds that could be needed soon should be invested quite conservatively, while funds that can be invested for longer can be exposed to more risk, on the basis that long-term returns have usually proved to move steadily upwards.

For more information about how to manage community group finances, to find out more about Westpac Social Sector Banking or to speak to a Social Sector Specialist visit www.westpac.com.au/socialsectorbanking



FEATURED SUPPLIERS


Helping the helpers fund their mission…...

FrontStream Pty Ltd (FrontStream AsiaPacific)

Brennan IT helps not-for-profit (NFP) organisations drive gr...

Brennan IT

Yes we’re lawyers, but we do a lot more....

Moores

HLB Mann Judd is a specialist Accounting and Advisory firm t...

HLB Mann Judd

More Suppliers

Get more stories like this

FREE SOCIAL
SECTOR NEWS

YOU MAY ALSO LIKE

New CEO of Impact Investment Group Says Sector is Thriving

Wendy Williams

Tuesday, 14th November 2017 at 8:40 am

$2 Million Grant Helps Give Australians in Need A Fair Go

Wendy Williams

Thursday, 21st September 2017 at 8:35 am

Good Money Microfinance Celebrates Five Years of Three-Way Partnership

Lina Caneva

Tuesday, 5th September 2017 at 12:27 pm

Westpac Social Innovator Fellowships

Lina Caneva

Tuesday, 1st August 2017 at 10:46 am

POPULAR

Red Cross Moves to Wage-Based Fundraising Model

Lina Caneva

Thursday, 16th November 2017 at 8:30 am

Disability Advocacy Group Fights to Restore State Funding

Luke Michael

Thursday, 9th November 2017 at 8:37 am

Concerns Raised Over New ACNC Board Appointments

Luke Michael

Monday, 20th November 2017 at 2:28 pm

New Same-Sex Marriage Bill Looks to Protect Faith-Based Charities

Luke Michael

Monday, 13th November 2017 at 5:25 pm

Write a Reply or Comment

Your email address will not be published. Required fields are marked *


Good 360
pba inverse logo
Subscribe Twitter Facebook

Get the social sector's most essential news coverage. Delivered free to your inbox every Tuesday and Thursday morning.

You have Successfully Subscribed!