How is your initiative financed (or how do you expect your initiative will be financed)?
Jövöbarát Foundation receives support from the local and the capital government. We apply to applications from Ministries, healthcare commissions, and once a year from banks and from insurance companies. We receive donations from the citizens of our district and 1 percent of personal taxations from those who volunteer it. A few sponsors help us but this is not a safety financial resource. We designed a new project according to which Jövöbarát Foundation would like to attract the attention of more and more sponsors for donation in 2008. We would provide advertising surfaces, boards for companies. Companies could support us as social responsibility takers. This is a very good opportunity for them to popularize themselves and their services.
If known, provide information on your finances and organization.
Annual budget: $28,600
Annual revenue generated: $29,000
1 chief program-coordinator
1 social worker
2 nurses, mental hygienic experts
1 social worker
1 drama teacher
1 teacher IT expert, chairman of the exam ECDL
What is the potential demand for your innovation?
We need more financial supports in order to have more full time workers. We need contacts, relationships with national and international companies and advertising possibilities. Renovating concerning our place, technical background and structure would be very necessary. The lack of professional workers and volunteers are also very urgent problems that we would like to solve as fast as we can. Continuing professional education is demanded by our current employees.
What are the main barriers to financial sustainability?
The organization has a very small permanent income that slows our work in every fields. We apply to several applications but lots of them don’t have feedback or they ask us to finance the project before and they reimburse it much later. This is a very big problem concerning our work. Our rental is extremely high and overhead expenses are also very expensive. More workers would be needed but we can’t provide a competitive salary for a full-time worker though we have many programmes.