You have now learned the key pieces of funding development and financial planning in terms of managing a budget, identifying funding options including grants and foundation awards and creating a funding plan. The purpose of these strategies are to support your early childhood organization’s program philosophy, vision, mission, and goals. With successful financial planning and a strong funding plan, you can achieve the goals you have set.
In this Assignment, you will go back to your portrait of your early childhood program that you created in Unit 3 and reflect on how your budget (created in Unit 3) and funding plan (created in Unit 6) support your organization’s philosophy, vision, mission, and goals.
For this Assignment, you will be using the Unit 9 Assignment Template.
Part 1: Portrait of Organization
Using the initial portrait of your early childhood program created in Unit 3, create a complete description of your programs philosophy, vision, mission, and goals.
In two paragraphs, include the following information:
The name of your organization, number of children (and the ages) served.
A mission statement outlining your key philosophy.
Three specific goals of your organization (i.e., exposing preschoolers to early literacy experiences and educating parents of the critical importance of early childhood literacy).
These goals should be clear and concise, demonstrating your inspired vision, objectives, and intended impact to the community from your organization.
Explain how your funding plan supports the vision and the specific goals you have set for your program.
Using principles of early childhood development and financial planning, discuss how you will measure the impact or success of meeting your program’s objectives (with a focus on the philosophy, vision, mission, and goals).
Part 2: Financial Record Keeping
Reviewing what you learned about the importance of financial record keeping, please respond to the following:
Identify the financial documents you will need to keep, file, and report.
Describe your method for creating and organizing your financial information reports in a timely and accurate way.
Explain why these documents will be important for your grant writing, foundation proposals, and other funding events.
Discuss how these documents enhance your credibility and reputation with potential funding sources.
Part 3: Financial Support of Organization’s Vision
Review your organization’s philosophy, vision, mission, and goals from Part 1 and respond to the following:
How are they aligned with and supported by effective funding development and financial planning?
Why is sound financial planning and management necessary in order to support the goals/vision you have set for your organization?
What are some ways that you could you strengthen this alignment?
Your Assignment should be at least 3 pages, not including the title and reference pages, and should include the following elements:
Title page: Provide your name, title of Assignment, course and section number, and date
Body: Answer all the questions in complete sentences and paragraphs
Reference page: Sources in APA format
Include at least two scholarly references
Use Arial or Times New Roman 12-point font, double-spaced, and left aligned
Use standard 1″ margins on all sides
Use APA Formatting and Citation style
If you need assistance with APA style, please visit the Academic Success Center.
The assignment must be written in Standard English and demonstrate superior organization, including a highly developed viewpoint and purpose. Your responses should be written in complete sentences and paragraphs. The communication of your thoughts must be highly ordered, logical, and unified, displaying exceptional content, organization, style, and mechanics (including the use of correct grammar, punctuation, and sentence structure).
This Assignment is assessed by the following Course Outcomes:
CE370-2: Describe an effective method for creating timely and accurate financial information reports.
CE370-5: Assess the alignment of principles of early childhood funding development and financial planning with program philosophy, vision, mission, and goals.
GEL-1.02: Demonstrate college-level communication through the composition of original materials in Standard English.
PC-2.4: Develop an inspirational vision or mission.
Submitting Your Assignment
Use the provided Unit 9 Assignment Template. Save it in a location and with a name that you will remember. When you are ready to submit, select the Unit 9 Assignment Dropbox and upload your file. To view your graded work after your instructor has evaluated it, please visit your Gradebook.
Establishing a Budget for My Early Childhood firm unit 3