Understanding financial management of non-profit organization in the case of, 'MaMoni Project, save the children USA'

Abstract

Internship is such a program which makes a student experience about the corporate life for the first time. I have started my internship in Save the Children USA under MaMoni project in finance section. I have divided my report into four chapters. My first chapter includes the introduction, background, etc of the organization where I have worked for throughout my internship period. In my second chapter, I have talked about the job responsibilities, different aspects and my observation towards the job. My third chapter contains the origin of the project, objective, methodology and limitation that I have faced in preparing the project. In fourth chapter I have talked everything about the organization specially the project I have been worked. Under this chapter, I mentioned about the project, its goal, objectives, plan, the general process of selecting grants, external partners for any project, financial management, budget forecasting, budget details, asset management, asset acquisition, asset disposal according to the donor’s requirement. After that I have also brought up about the procurement and inventory management system of MaMoni Project, how they track and collect their necessary needs. In this chapter, I also mentioned about the risk assessment process of MaMoni project that they have used during selecting of grants and the risk mitigation strategies. The partner assessment process is also mentioned in this chapter. There are some other requirements provided by donor also mentioned to this chapter. After discussing all the factors, I have presented some finding that I observed during my internship period and I have given some recommendation which I found while working on the whole report. I concluded my report in chapter four. In the last part of my report, I have given reference, appendix where I have included all the data’s regarding my project work which I could not include in the main part of my report and ended the internship report with glossary, that is, the terms I had to use while carrying out the MaMoni project at SC US.