Source: How to build a successful fundraising strategy from scratch | Voluntary Sector Network | The Guardian
Voluntary organisations, like their counterparts in the public and private sectors, incur organisational overhead costs in addition to project costs. Full Cost Recovery means accounting for an organisation’s expenditure on the basis of incorporating all costs incurred by the organisation – Core (or Overhead) Expenditure as well as Project Specific. Full Cost Recovery is essential for ensuring that … Read moreFull Cost Recovery
Increasingly, charities and voluntary groups are being told to move away from grant dependency, and to become more business-like, earn income and consider loan finance. Additionally opportunities for delivering public services are increasing. Organisations need to react accordingly to survive and prosper in this new environment. Thus to achieve sustainability in the current economic climate, an organisation’s funding needs … Read moreSustainable Fundraising
Be precise Tips Always be sure you know exactly why you are raising funds; there’s nothing more off putting to a potential supporter than you not being able to tell them how their money will be used. It might be that you want to buy new equipment, that’s a good start, but if you say you … Read moreFundraising – be precise.