The Viva Foundation has a broad fund development strategy that includes a wide variety of sustainability measures and funding strategies.
NPOs remain vulnerable to economic change and find themselves competing for a limited source of funds. For this reason, the Viva Fund Development Strategy has an approach of diversifying resource management.
1. Sustainability Projects
Viva implements different measures to ensure sustainability. Partnering with its team, benefactors and beneficiaries to ensure that projects with high, monthly costs such as the schools, remain open. Viva requires a contribution of a percentage of the costs of education from parents who are working. The fee structures of the Viva schools are tiered and take into consideration the level of vulnerability of the family and the sources of income. Scholarships of up to 90 % of fees are offered to Orphans and vulnerable children. Sponsorships and donations fill in the funding gap.
"Sweating the Assets" is a term describing the practice of utilising available resources to raise funds. The Viva Refilwe campus school hall is offered as an event venue and Viva has a 50% partnership in a Guest Cottage.
2. A Varied and Broad Base of many different Funding Sources
Viva enjoys the support of many different kinds of funders, from individuals to companies, churches, groups and foundations. While the need for support always remain and all expansion are dependent on direct funding, the partnership with our donors remain the basis of our funding strategy.
3. Cost Saving and Resource Optimisation
Volunteering and resource sharing, growing own vegetables and utilising solar power as a source of electricity, are all ways in which the Viva Foundation saves costs and ensures that as much as 97 % of all resources are utilised in direct project expenditure.
Viva is B-BBEE compliant in South Africa and donations to the organisation is tax deductible in South Africa and Germany. For more information on how to become a funding partner of the Viva Foundation, please send an email to the Viva CEO Meleney Berry Kriel at meleney @ vivafoundation.life.