When LGO receives funding from donors, we align our financial planning and budgeting processes with the specific guidelines and requirements outlined by the donor. Our approach includes:

1. Reviewing Donor Guidelines: Thoroughly reviewing funding guidelines, restrictions, and reporting requirements before developing a budget to ensure compliance and alignment with donor objectives.
2. Tailored Budget Development: Collaborating with programmatic and financial teams to develop a budget meeting donor criteria, detailing expenses, project costs, and income sources in line with reporting and budgeting requirements.
3. Adherence to Funding Restrictions: Ensuring the budget reflects donor restrictions on fund usage, such as program areas, allowable expenses, and reporting timelines for transparency and accountability.
4. Reporting and Monitoring: Diligently overseeing budget expenditures and financial performance to track progress against donor guidelines, identifying variances, addressing deviations, and providing accurate reporting to donors.
5. Communication and Transparency: Maintaining open communication with donors about budget implementation, financial reporting, and deviations from the original budget plan to ensure alignment and understanding.

By closely adhering to donor budget guidelines, we demonstrate responsible stewardship of donor funds, accountability in financial management, and effective resource utilization.