Abstract:
Purpose: The purpose of this exploratory research study was to gain a deeper
understanding of the lived experiences of South African non-profit boards, thereby
contributing to the evolving discourse on non-profit board strategies aimed at achieving
financial sustainability. It focused on three objectives. understanding funding
perceptions, exploring governance frameworks’ impact on sustainable funding strategies
and examining strategic intent in strategy development. Through this exploration, the
study aimed to illuminate the pivotal role of NPO boards in enhancing funding
sustainability.
Research relevance: The volatile funding landscape in the non-profit sector globally
amplifies its vulnerability. As the primary governing body, NPO boards bear substantial
responsibility for steering the organisation's economic sustainability. However, there
remains a significant gap in understanding the strategies used by NPO boards to secure
funding and enhance organisational sustainability.
Design/methodology/approach: The use of an inductive approach facilitated a monomethod
qualitative study involving 14 participants interviewed in a semi-structured
format. The search for rich and in-depth data mandated this methodological choice.
Key findings: NPO boards’ role is to embrace innovative strategies to ensure long-term
financial sustainability and cultivate organisational resilience.
Implications: The findings furnish NPO boards and policymakers with invaluable
insights into the dynamic capabilities and challenges influencing the development of
funding strategies within NPO boards strengthening financial sustainability. These
insights guide the formulation of pertinent learning experiences and support
mechanisms, adding to managing expectations and demands for organisational
sustainability.
