Dipping into restricted funds
Tempted to raid your restricted funding to cover budget shortfalls? It's possible, says insolvency practitioner Stephen Goderski, but only if you follow certain steps.
Funding is possibly the biggest collective headache facing the voluntary sector – figuring out where they are going to find their next round of funding from occupies a disproportionate amount of charities’ time.
So much so that in early 2009 the NCVO established a Funding Commission to explore how to transform the funding environment for the sector, to make it more sustainable and resilient. After initial investigations the Commission decided to focus on three themes: capitalisation, stimulating giving, and local action. It is expected to publish recommendations at the end of 2009.
Tempted to raid your restricted funding to cover budget shortfalls? It's possible, says insolvency practitioner Stephen Goderski, but only if you follow certain steps.
Labour has called upon the government to provide a £1m research fund for charities to develop policy on the long-term mental health effects of the wars in Iraq and Afghanistan.
The Co-operative Bank has reaffirmed its commitment to provide charity credit cards following last week's announcement by Lloyds Banking Group that it will stop providing them at the end of February.
A failure to treat people with mental health problems and help them back into work costs society £67bn annually, says New Philanthropy Capital, which is calling on funders to help scale up mental health prevention charities which operate in the workplace
The government has announced a 15-year funding deal worth £1bn for the Canal & River Trust, the new charity that evolved out of former quango British Waterways, which is set to launch in June.
The World Society for the Protection of Animals (WSPA) has saved the Metropolitan Police Wildlife Crime Unit in a groundbreaking £100,000 funding agreement.
Bill Gates has pledged a $750m vote of confidence in the Global Fund to fight Aids, Tuberculosis and Malaria after it was announced its executive director would step down following the exposure of a "grave abuse of funds" in several countries the fund works in.
The Big Lottery Fund has issued the first of its grants from the £50m Supporting Change & Impact fund, designed to prepare charities for future sustainability in the wake of a tough funding climate.
Start-up homelessness charity Flack has saved itself from closure by raising more than £45,000 within a month, after its trustees lost confidence in its ability to generate funds.
The Olympic Park Legacy Company has awarded social enterprise GLL a contract to manage the 2012 Aquatic Centre and Multi-Use Arena after the London Olympics are over.
A £150m endowment fund for local community projects, which will include up to £50m of government match funding, has launched.
The Scottish Council for Voluntary Organisations has teamed up with the Unity Trust Bank to offer Scottish charities the chance to build third sector business centres.
One of the UK’s oldest environmental charities has made a last desperate plea for volunteers to take over its services as it succumbs to the crippling financial climate and admits it can no longer pay staff.
Newcastle City Council will donate the wage savings it will make from Wednesday’s strike action to its Newcastle Fund grants programme to support employment charities in the city.
Umbrella bodies have welcomed the creation of the £1bn government fund to tackle youth unemployment but stress that the voluntary sector must be involved in its delivery.
The Social Enterprise Mark Company has launched its first national campaign, '50 in 250', which is aiming to secure a pledge from 50 companies to do business with at least five social enterprises holding the Mark within 250 days.
NCVO and the Euclid Network are to co-host an event later today with Nick Hurd, minister for civil society, which will explore how to make it easier for charities to access EU funds.
Social investment proposals which are already underway but require additional funding have been thrown a £6m lifeline by the Big Lottery Fund.
CVS CASE Kent, which was recognised at last night’s Compact Awards, has said the future of its compact is under threat as it has been forced to make its compact officer and engagement officer redundant due to loss of funding.
The money flowing into Scotland’s charities fell by almost £100m during 2010 and four in five expect the economic situation to worsen over the next 12 months.
The EU Parliament has said that EU rules on public procurement contracts should be reformed to enable authorities to award contracts not just to the lowest bidder, but to the most innovative, or to those offering the greatest environmental or social benefits.
The Big Lottery Fund will open £50m of investment to the voluntary and community sector in England this week to help organisations cope with funding cuts.
Communitybuilders, a fund that supports community-based and community-led organisations in England, has opened applications for loans of up to £750,000 for six regeneration projects.
The Big Lottery Fund has awarded £200,000 to the Third Sector Research Centre to create a new website that signposts visitors to various research reports that have been written about the voluntary sector.
Novas Scarman Group, a social improvement organisation working to support individuals with issues including homelessness, domestic abuse and offending, relaunches as People Can today, following a £3m funding cut across its services.
Grantmakers must take special care to maintain humility in their relationships with those they fund, says Sara Llewellin.
The Scottish government and Inspiring Scotland have announced the names of 24 children’s charities which will share a £6.8m Early Years Early Action Fund to support vulnerable children and families in the country.
The Institute for Voluntary Action Research yesterday unveiled its findings into the ways funders can add value to a project with a 'funding plus' approach.
The majority of charities must now fend for themselves, but what are the alternatives to traditional fundraising? Robert Ashton offers some words of wisdom on the phenomenon of a new social impact model.
An interim service to support voluntary and community organisations in Harrow, north London, will be launched next week, following the closure of Harrow Association of Voluntary Services in the spring.