Objectives of not-for-profit organisations (2) Flashcards
Objective for charities and friendly societies
To carry out the charitable purpose
Focus for charities and friendly societies
May involve fundraising, receiving donations, managing invested funds, controlling costs
Objective for schools
To provide education
Focus for schools
Likely to involve managing a tight budget
Objective for clubs, associations, societies, unions?
Further the aims of the club, provide a service for members
Focus for clubs, associations, societies, unions?
May include managing subscriptions paid and keeping costs of running the club down
Objective for housing associations?
Managing the related houses and providing facilitates for residents
Focus for housing associations?
May involve rent collection and maintenance costs or even building costs of future developments
Objective for local councils, public services?
To provide local services to a budget based on public money
Focus for local councils, public services?
Likely to be focused on value for money, as they are in the public eye