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How to manage a project underspend

How to manage a project underspend

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Description
A few Fair Share Trust (FST) areas have experienced leftover funding from their grants in recent months. Though an underspend is not anticipated as an ideal outcome, it is not always a negative thing and if the issue is dealt with appropriately the funds can be used to further benefit the area. Wales Community Foundation, Local Agent for Fair Share Trust, experienced underspend in the Wrexham area, read on about their strategy to re-allocate the funds.
A few Fair Share Trust (FST) areas have experienced leftover funding from their grants in recent months. Though an underspend is not anticipated as an ideal outcome, it is not always a negative thing and if the issue is dealt with appropriately the funds can be used to further benefit the area. Wales Community Foundation, Local Agent for Fair Share Trust, experienced underspend in the Wrexham area, read on about their strategy to re-allocate the funds. Helen Fagan from the Community Foundation Wales shares her experiences below. Helen Fagan from the Community Foundation Wales shares her experiences below.
Editors
fairsharetrust ; Mark Barratt fairsharetrust ; Mark Barratt ; webtemp@ncvo-vol.org.uk ; publications.temp@ncvo-vol.org.uk ; markb@textmatters.com ; chrismilway@googlemail.com ; thalia.silver@ncvo.org.uk
Description

A few Fair Share Trust (FST) areas have experienced leftover funding from their grants in recent months. Though an underspend is not anticipated as an ideal outcome, it is not always a negative thing and if the issue is dealt with appropriately the funds can be used to further benefit the area. Wales Community Foundation, Local Agent for Fair Share Trust, experienced underspend in the Wrexham area, read on about their strategy to re-allocate the funds.

Helen Fagan from the Community Foundation Wales shares her experiences below.

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