Question
In: Accounting
What are the benefits of Grant/Fundraising Analysis. In your own words.
What are the benefits of Grant/Fundraising Analysis. In your own words.
Solutions
Expert Solution
Providing a grant by a business or an organisation at first vision will be a best option to increase it's credibility and visibility of corporative objective of entity.
Undertaking a fundraising analysiswill help to get an overview of key metrics and initiatives taken by/for towards Granting by the Organisation.
A Grant analysis will give a proper and reasonable evaluation of how well the organisation progressed towards fundraiser campaigns and thereby acheived Mission Statement objectives.
An Analysis will make understanding ideal Time and Amount pattern to be undertakenin performing a fundraising.
Like we Do a cost benefit analysis for new investments in Grants as well we do have to consider for the cost vs Goals acheived, this is only possible by an analysis of data.
By conducting a data analysis it will also help towards setting future performance objectives towards grants and thereby make planning eaiser.
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