Develop a financial strategy for your organisation, to help you plan for your financial future.
Competition for funding from trusts can be intense. Trusts usually receive many more applications that they can fund. Here are six steps to help you write a successful trust letter.
Raising funds from recycling can be very effective. But schemes can only generate useful funds if your supporters are using them. Here are some tips to help you promote your schemes and make it easy for people to use them.
Raising funds through recycling is a simple way to gain unrestricted income for your organisation. Choose the recycling schemes you think will work best for you and then encourage your supporters to use them. They’ll feel good about helping the environment while generating funds for your cause without it costing them anything.
Before you apply for funding, stop! Is your organisation ready? This guide, aimed at small charities, community groups and clubs, looks at the five things that matter to funders and are tips to get you ready for applying for and managing the money. Completing these simple steps to good governance will enable you to make positive progress on your fundraising journey.
In place of always 'asking', we should think about selling an investment opportunity and selling the benefits of what we do, offering funders the opportunity to share our success. This how-to looks at what makes you an attractive proposition to a business, and tips on how you can exploit this. Investing in the voluntary sector can deliver certain business benefits, which you need to be able to demonstrate and deliver to the businesses you approach.
Resource-raising should be an integral part of your charity, but too often it is neglected because it is hard to put a value on. Other more traditional forms of donations, such as, money and time, are easy to quantify, which makes them easy to assimilate into your organisation. When small charities are starting up they rely rather heavily on in-kind donations. They accept these non-cash donations with open arms because they can supply invaluable services that would otherwise cost. However, when charities grow and become less easy to man-manage, it seems as though they don't allow room for resource-raising, as it is seemingly hard to measure. Here is a quick guide to reassure you that there is a way to incorporate this into your charity's everyday work.
As a charity, your supporters are essential – so making sure they know how much you appreciate their donations is key to maintaining your relationships with them. This guide looks at ways to thank your supporters effectively.
Bad debt is credit, owed by a debtor that is likely to be unpaid. It can be due to a debtor going bankrupt, or their business going into liquidation. Since the debt cannot be recovered, it is meaningless to put it in the books of account. Sometimes, pursuing the debt may prove to be costlier than the debt itself. If this happens, you write it off as a business expense. Bad debts are the worry of many businesses. In the business world, customers always request to pay for services by direct debit or standing order.
Raffles are a great way to raise additional income for your charity or cause, and thousands upon thousands of organisations already run raffles, making millions for good causes in the UK every year. In fact 21% of all UK donors bought raffle tickets in 2014. Here are some things to think about before you get started.
Help us to improve this page – give us feedback.