Where money comes from.
WHAT SOURCES EXIST
Grants from foundations and agencies Government funding and contracts Individual donations Corporate support Earned income from services or products Membership fees Events
WHAT GRANTS PROVIDE
Substantial amounts for defined work.
WHAT THEY COST
Application effort Restrictions on use Reporting obligations Uncertainty of renewal
WHAT RESTRICTED FUNDING MEANS
Money that may only be spent on specified activities.
WHY THAT IS A PROBLEM
It rarely covers the cost of running the organisation.
WHAT UNRESTRICTED FUNDING PROVIDES
The ability to pay for administration, systems and reserves.
WHY IT IS THE HARDEST TO RAISE
Funders prefer to fund visible programmes.
WHAT THAT PRODUCES
Organisations delivering programmes while unable to pay for their own management.
WHAT TO PURSUE DELIBERATELY
Unrestricted income, from individuals, earned income or flexible funders.
WHAT EARNED INCOME PROVIDES
Independence.
WHAT IT REQUIRES
That it is consistent with your objects and does not distort the purpose.
WHAT TO ESTABLISH ABOUT ANY FUNDING
What it may be spent on What reporting is required How long it lasts What happens afterwards
WHY THAT LAST QUESTION
Programmes that stop when funding ends damage the people served.
WHAT TO AVOID
Depending on one funder.
