Full Length Research Paper
Abstract
The correlation among governance, funding strategy, and sustainability is vital for non-government organizations (NGOs) and is significant to scholars, policymakers, and NGO practitioners. This paper presents an extensive review of existing literature and a thorough analysis of the key factors affecting NGOs' sustainability. The paper defines fundamental concepts, exploring the probable relationship between governance, funding strategy, and NGO sustainability, as well as examining the factors that influence the effectiveness of NGOs. The paper considers the responsibilities of boards of directors, leadership, accountability, and openness in fostering effective NGO governance. Under funding approaches, it investigates various funding sources for NGOs, such as grants, contributions, and social entrepreneurship, along with their associated challenges. Regarding sustainability, the paper scrutinizes financial, programmatic, and organizational sustainability, plus factors that facilitate or impede NGO sustainability. In conclusion, the paper emphasizes the primary discoveries from the literature review and their practical and policy implications. It contends that effective governance, suitable funding methods, and sustainability are vital for NGO success and suggests that NGOs adopt optimal governance practices, diversify funding streams, and emphasize sustainability in their organizational plans. Policymakers can assist NGOs by cultivating an environment that fosters effective governance, grants access to a variety of funding options, and promotes sustainability within the sector. The paper incorporates a wide array of sources and presents an up-to-date examination of the literature concerning the interrelation of governance, funding approaches, and NGO sustainability.
Key words: Non-Governmental organizations, sustainability, governance, funding strategy, social responsibility, funding sources, policy implications, institutional environment.
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