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NGOs can access funding from various sources, including governments, businesses, community foundations, UN agencies, multilateral banks, international foundations, corporations, and religious organizations. Official development agencies and multilateral banks provide financial assistance to developing economies, while international foundations and corporations support specific aspects of development or regions. Local governments, businesses, and foundations can also provide funding opportunities.
There are many different local and international sources of funding for non-governmental organizations (NGOs). At the local level, funding can come from governments, local businesses, and community foundations. At the international level, NGO funding sources include those of countries’ official development assistance agencies, UN agencies, and multilateral development banks; Global sources also include international foundations, multinational corporations, international religious organizations, and larger international NGOs.
Official development agencies are common in the governments of economically developed countries and serve to provide financial assistance to developing economies. They could do it on a large scale by donating directly to a country’s government, but also on a smaller scale by supporting NGOs and grassroots projects. This type of NGO funding can often be accessed by visiting an embassy in the country where the organization operates and applying. There are also various agencies within the United Nations system that offer funds in a similar way.
Multilateral development banks are called multilaterals because many different governments finance their operations. The main business of these banks is to provide loans to countries, but they can also provide grants to NGOs. Some of these banks have a global focus, while others are meant to develop particular regions.
International foundations are created with the specific goal of making grants to NGOs and other charities. These foundations are usually established through endowments, either by a wealthy individual or a large organization. Many of these foundations only offer funds for a specific aspect of development or for a particular region.
Global corporations are increasingly interested in supporting community and international development projects. This is primarily due to increased consumer demand for socially responsible business practices. Larger international NGOs also sometimes provide support to smaller ones that operate at a more local level but with a related focus. Finally, at the international level, there are religious groups that contribute to the financing of NGOs, although many of them do so with the stipulation that the organization is related to the same faith.
At the local level, there are government programs that could be used to obtain funds from NGOs. Local businesses may also be interested in having their names associated with development and community projects. There may also be established local foundations that share some of the specific objectives of the NGO and could collaborate by sharing funds and other types of resources.
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