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By the nature of its role and of the contribution it intends to make in efforts towards poverty eradication and the promotion of social justice in Mozambique, the FDC needs a solid base of financial resources. Three forms have been identified through which the FDC will continue working in order to mobilize, generate and manage financial resources, namely


Allocated funds

Continuing to negotiate funds for programmers and projects with donors which, in terms of categorization, include: international foundations, multilateral and bilateral cooperation agencies; governmental agencies, international organizations, companies and individual.

Endowment


Investment through the endowment is the surest way of creating a sustainable basis for generating financial resources for the operations and programmers of the FDC. From this fund, only the income that it generates is used, while the fund itself remains untouched. In an initial phase, the income from the endowment will be invested to finance the operational costs of the FDC, which will facilitate the mobilization of resources for the implementation of development programmers.

The development of local philanthropy will continue to be an important component in the FDC's work, thus in mobilizing resources, added attention will be paid to domestic sources of funding, namely:

Companies, through the creation of mechanisms whereby companies associate themselves to the FDC and in a regular way make donations to the organization or to specific development programmers. Several other ways of attracting small and large contributions will be designed and implemented systematically.

Individuals, who can regularly donate money to FDC programmers. Knowing that there are not many rich individuals in Mozambique, the best ways of encouraging a mass of small donations will be explored, since taken together, these could constitute substantial resources.

The Mozambican government, contributing to the implementation of programmers which, through their nature, objectives, target public and location, coincide with the FDC's strategy. This existing possibility with be negotiated with the Mozambican government.

In mobilizing resources in general, priority should be given to funding of a multi-year nature because of the unpredictable nature of financial donations. Efforts will continue to be undertaken in order to improve aspects of an institutional nature for greater efficiency in mobilization of resources. These aspects include making fully operational the Department of Assets and Investments, endowed with the financial, human and technical resources needed to carry out its mission successfully; the production of policies and norms for resource mobilization, investment, and the management of assets and trust funds; regular and organized fund-raising campaigns; the establishment of efficient systems for relating to donors and for institutional marketing.

 
 

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