290 likes | 481 Views
Sustainable Funding. CUTS. CONTRACTS. COMPETITION. What different sources of funding can you think of?. Stable: A diverse mix of funding sources Suitable: Appropriate for the organisation Sufficient: Costs are understood and covered. Gift Economy. Grant Funding.
E N D
CUTS CONTRACTS COMPETITION
Stable: A diverse mix of funding sources Suitable: Appropriate for the organisation Sufficient: Costs are understood and covered
Gift Economy Grant Funding Structured Market Open Market ASKING EARNING Donor Funder Purchaser Consumer
Are you... …an octopus organisation …or a train
1. Identify 5. Engagement 7. Thank 3. DonorMotivation 2. Research 6. Ask 8. Stewardship 4. Plan
Logo Your Organisation Donors Staff Board Patrons Suppliers Fantasy Vols
Social Recognition Mutual Benefit Affinity Philanthropy
Priority Grid Prioritising prospects
Service delivered by voluntary sector organisation Fund Identifies Informs Voluntary sector organisation Need for service Public body Put contract to tender Identifies Service delivered by voluntary sector organisation Bid Voluntary sector organisation Public body Need for service Grants Contracts
Central government The NHS and local Primary Care Trusts Local Authorities The UK Police and Fire Services Universities and colleges
Key points Social enterprise is a new word for something that has existed for hundreds of years There is no legal definition of a social enterprise
Through what they produce How they produce goods or services Through how they use their profits
Merging mission and money On mission Situation for majority of organisations Prime target Makes money Requires (grant) funding Stay out!! Proceed with caution! Off mission
WRC Development Team Women’s Resource Centre, Ground Floor East, 33-41 Dallington Street, London EC1V 0BB development@wrc.org.uk 0207 324 3031