South African NPOs See Boost in Corporate Funding, Survey Reveals

The 2023 Trialogue Business in Society Handbook survey has unveiled encouraging trends in corporate support for South African non-profit organisations (NPOs). The survey, widely regarded the most authoritative guide to corporate social investment (CSI) and responsible business in the country, found that 75% of NPOs receive income from local companies, with corporate funds accounting for an average of 27% of their total income.

In addition, the survey revealed that 65% of NPOs reported an increase in income from the previous year, while 24% noted a decrease. These findings highlight the growing importance ofcorporate partnershipsfor the sustainability and growth of the non-profit sector in South Africa.

Why this matters: This surge in corporate funding for NPOs has significant implications for the social and economic development of South Africa, as it enables these organisations to address pressing social challenges more effectively. As companies and NPOs collaborate more closely, they can drive positive change and build more resilient communities.

The 2023 Trialogue survey, which comprises nine sections and takes approximately 45 minutes to complete, provides valuable insights into emerging trends, NPO income, and partnerships with companies. By participating in the survey, NPOs contribute to shaping the direction of CSI in South Africa, helping companies better understand their needs and identify challenges and opportunities.

The results of the survey will be published in the 27th edition of the Trialogue Business in Society Handbook in December 2024. All NPOs completing the survey will receive a complimentary copy of the handbook, and one lucky NPO will win a full-page advertisement in the publication, worth R29,000.

The increased corporate support for NPOs in South Africa is a demonstration of the growing recognition of the vital role these organisations play in addressing social challenges and driving positive change. As companies align their CSI strategies with the needs of the communities they serve, NPOs are better positioned to deliver impactful programs and services.

However, while the survey results paint a promising scenario, it is crucial to acknowledge that many NPOs still face significant challenges in securing sustainable funding. The COVID-19 pandemic has further exacerbated these challenges, with many organisations struggling to maintain their operations and support vulnerable communities.

As South Africa continues to address the social and economic impacts of the pandemic, strengthening partnerships between the corporate sector and NPOs will be essential in building resilience and driving sustainable development. By leveraging their resources, expertise, and networks, companies can play a crucial role in supporting the work of NPOs and creating lasting positive change in the communities they serve.

The 2023 Trialogue Business in Society Handbook survey serves as a valuable tool for understanding the evolving environment of corporate social investment in South Africa. The survey's key findings, including that "75% of NPOs receive income from local companies" and corporate funds account for an average of "27% of NPO income", highlight the growing significance of corporate support for the non-profit sector. As NPOs and companies collaborate to maximize their impact, the insights provided by this survey will undoubtedly guide strategies and decision-making in the years ahead.

Key Takeaways

• 75% of South African NPOs receive income from local companies.
• Corporate funds account for 27% of NPO income on average.
• 65% of NPOs reported an increase in income from the previous year.
• Corporate partnerships are crucial for NPO sustainability and growth.
• Strengthening corporate-NPO partnerships is key to driving social change.