Financial planning
In conducting financial planning for your organisation it useful
to be aware of the different sources of funds available, including
understanding of different kinds of borrowing and debt. It is
unlikely that any organisation is going to be funded entirely by
one source e.g. earned income, grant, contract or donations.
Instead it is likely that organisations will rely on a combination
of funding sources, what could be termed hybrid-funding
sources.
Financial planning is not a stand-alone task; it is an integral
part of strategic planning, defining the offering of the
organisation and risk assessment. It cannot be done in isolation.
Fundraisers should have clarity about outputs and outcomes and seek
to fund specific projects rather than just the organisation.
For more information on financial planning and developing a
sustainable funding strategy, visit the
Finance Hub's website.
Useful links
Cabinet Office funding guidance
Futurebuilders – Investing
in the 3rd sector
CASH-Online – information on financial health-checks, unit
costs, reserves policy, fundraising, accounting etc
The Directory of Social Change is an
independent source of funding information for voluntary and
community organisations. They publish comprehensive details of
funders, including charitable trusts and foundations.
Government Funding
This site is your online portal to grants for the voluntary and
community sector from the following funders:
- Cabinet Office
- Department for Children, Schools and Families
- Department for Communities and Local Government
- Department for Environment, Food and Rural Affairs
- Department of Health
- Foreign and Commonwealth Office
- HM Revenue & Customs
- Home Office
- Ministry of Defence
- Ministry of Justice
- Government Offices for the Regions
Go to next page: Feasibility
studies
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