Seminar Session Discusses Impact of Revenue Diversification on Financial Sustainability of Nonprofit Organizations

The Graduate Studies Deanship at the main center of the Islamic University of Minnesota held an academic seminar to discuss the research proposal submitted by Omar Emad Al-Din Omar Al-Shraf, a PhD candidate in the Department of Financial Management and Investment at the College of Economics and Business Administration. The research proposal is entitled: "The Impact of Revenue Source Diversification on Achieving Financial Sustainability in Nonprofit Organizations: An Applied Study of Nonprofit Associations in Yanbu Governorate."

The seminar was held as part of the university’s commitment to promoting applied academic research and supporting studies that contribute to the development of administrative and financial practices while strengthening the role of nonprofit organizations in achieving sustainable development.

The study aims to examine the impact of diversifying revenue sources on enhancing the financial sustainability of nonprofit organizations through an applied study of nonprofit associations in Yanbu Governorate. It seeks to identify best practices for diversifying financial resources and strengthening these organizations’ ability to continue fulfilling their developmental missions efficiently and effectively.

The research proposal was reviewed by an academic committee chaired by Dr. Mabrouka Hussein Hemmat, Head of the Department of Financial Management and Investment, with Dr. Abdulmajeed Mohammed Ahmed Bakhit, Dr. Rania Al-Gendy, and Dr. Laith Fuad Al-Shouha serving as committee members.

The committee discussed the research topic, methodology, and academic objectives, as well as its main components. The committee members also provided a number of academic comments and recommendations aimed at improving the study and strengthening its methodological framework in order to achieve its research objectives.

The seminar is part of a series of academic seminar sessions organized by the Graduate Studies Deanship, reflecting the Islamic University of Minnesota’s commitment to advancing the quality of academic research and encouraging applied studies that address economic and developmental issues. Such studies contribute to providing evidence-based solutions that support community institutions and promote sustainable development.