Financial Sustainbility

Financial Sustainability in AIESEC

Investment are

needed to grow

Surplus are

needed to invest

Financial manageme

nt is needed to

generate it.

R>CostRevenues

of operations

Financial Sustainability in AIESEC: The golden rule

FINANCIAL PLANNING

INCOME DIVERSIFICATION

ADMINISTRATION

OWN INCOME GENERATION

4 Pillars

Answer: “as much as possible, as soon as possible.”

Question: How much money you need to raise?

Financial Planning

RISK Diversifying our revenue

Financial Model Scenarios for GCDP Projects

TN Subsidy Model

TN fee-based Model

Participant fee-Based Model

Logistics Support Model

Planning: Tools

•En cuanto a herramientas para iGCDP son aplicables: El presupuesto, Cash-flow y los EE.FF proyectados. Una forma sencilla de ir proyectando escenarios es plasmando datos en este sencillo formato de EE.FF proyectados:

Financial Models

Income Diversification

• Description: This is a model where you run a sustainable project using the income generated from your TN fee from the organization taking the interns.

• Resources needed- Good Sales Force for TN Raising.

- Honest and competitive prices. - Strong financial breakdown for revenue distribution (of Every TN fee).

TN fee-based Model

• Description: This model is based on collecting fees from the external project participants or programme attendees. .

• Resources needed- Strong Project Marketing Team.- Strong Project Learning team/partners/module.

Participant fee-Based Model

• Description: This is a model based entirely on raising sponsorships and grants to financially sustain a project.

• Resources needed - Official Project Grant Writer. (Finance Team)

- Strong Project Sales Force (LC product Portfolio)

- Projects' Events Team

Grants & Sponsorships Based Model

• Description: This is a model based entirely on raising sponsorships and grants to financially sustain a project.

• Resources needed - Official Project Grant Writer. (Finance Team)

- Strong Project Sales Force (LC product Portfolio)

- Projects' Events Team

Fundraising

Fundraising

Before

Now

• Description: This model is based on having corporate organizations subsidize an intern to do an internship in another NGO/organization as CSR or philanthropy.

• Resources needed - Committed ad highly knowledgeable sales force.- Strong financial breakdown for revenue distribution (of Every TN fee)

TN Subsidy Model

TN Subsidy Model

2nd Sector

GCDP Project

Sponsor an NGO

Total

Partial

Financial Model Scenarios

• Model: Logistics Support Model• Description: This model requires getting in-kind

support for key logistics and expenses required to deliver a successful project.

• Resources needed- Strong Project Team.- Large pool of supporters, host families, etc.