Many charity funders focus too much on buying ‘charity impact’. It's time to start supporting charities in a meaningful way and invest in their future. When charities are facing significant pressures, how can funders help? 1️⃣ Prioritise Unrestricted Funding Core costs for charities are rising, and concerningly our research shows around 50% are using their reserves to meet these. Unrestricted funding allows them to allocate resources where they are most needed to ensure their charity’s survival. 2️⃣ Help Charities to Plan Only 1/3 of charities feel their current funding is secure. Providing multi-year unrestricted funding can help charities become more resilient and plan for the future with confidence. 3️⃣ Consider the Effects of Inflation Unlike businesses, charities cannot pass on increased costs to customers. It is therefore helpful to consider increasing grants to allow for these pressures. 4️⃣ Target Needs and Cause Areas Reassess your giving strategy to ensure funds are going where they’re needed most, especially for underfunded issues like homelessness, food poverty, mental health, and debt support. 5️⃣ Be Flexible as Funders Charities need more financial support. This could be in the form of grants or social investment loans and blended finance packages. These provide affordable, flexible funding to help them continue activities, stabilise, and plan for growth. Our experience shows that with the right support, charities can become more resilient. Making sure charities are supported effectively means that they can do even more for the people and communities they serve. #CharityFunding #CharityGrants #Grantmaking #GrantFunding
Charities Aid Foundation (CAF)’s Post
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With just over a week to go, why should you consider charitable donations before the end of the 2023/4 tax year? Did you know that charity donations may be tax deductible so a win-win for you and your charity beneficiary*. Many organisations align their company's financial year end with the tax year. Prior to this and submitting end-of-year accounts they will be looking at how they can reduce the tax burden, whilst setting budgets for the year ahead. Hence the end of the tax year is an ideal time to donate to charity. Should you choose to donate to our charity - People against Poverty - or join our business community, Business against Poverty, not only will you be joining a supportive community of like-minded businesses, but you will be contributing to the delivery of our four core programmes which serve projects across six countries including the UK. Life Essentials Building Skills Sustaining Life Crisis Support As an example, the image below shows one of the Women's Self Help Groups that we support. The programme aims to empower vulnerable women to be able to contribute to their household economies and have a voice in decision-making at household and community level. If your business would like to donate, please email business@peopleagainstpoverty.com and we will provide payment details and answer any questions you may have about our charity and/or becoming a Business against Poverty. [*For information about charitable donations tax relief, see HMRC's website or consult your accountant. https://lnkd.in/d3NgCh6]
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🤔 Navigating the Shifting Landscape of Charitable Giving in the UK 🌐 The latest Charities Aid Foundation (CAF) UK Giving Report 2023 presents a nuanced perspective on charitable donations in Britain. The headline figure is positive - a significant increase in total donations from £10.7 billion in 2021 to £12.7 billion in 2022. However, beneath the surface, the data reveals a crucial detail: this rise is attributed to FEWER donors giving more, not an expansion in the donor base.💥 The report further highlights that nearly a quarter of individuals have either altered or are contemplating changes in their charitable behaviours. Alarmingly, 5% have reduced or cancelled regular charity donations, and 10% have ceased one-off contributions.💔 When considering these figures against the backdrop of inflation, the charity sector could face a real-term income drop of £800 million between 2022/23 and 2023/24, as estimated by the Office for Budget Responsibility (OBR). 📉 In light of diminishing donations, the question arises: How can we inspire continued generosity and encourage individuals to contribute more? 💡You can just scroll through the below carousel for more insights.💡 ✨Talk to us today to find out how we can help: https://lnkd.in/eZKGRW7h #CharityUK #Donations #GiftAid #CharityDonation #Donors
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Charities are facing a serious cost of living crisis in today's economy. Tightening budgets and declining donations make it more difficult than ever for charities to sustain their operations. To overcome these challenges, learn how charities can diversify their income streams. @NineFeetTall
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Non Profit Leader, Fundraiser, Changemaker | UN Women UK Delegate 2024 | Third Sector Awards 2024 Judge
"3 trends are holding back philanthropy’s potential: - The most affluent are donating proportionately less. The top 10% of earners in the UK donate at half the rate of the poorest 10%, resulting in £3.4 billion of lost funding for charities. - Too few wealthy individuals are participating in philanthropy. Of all donations from the top 1% of households, half came from less than 5% of the group. - And donors are donating to a narrow set of places in the UK. Donations made through Gift Aid were four times higher in London compared to the UK average. And over a third of all grants from the largest philanthropic foundations were made into London."
Giving Back Better
https://www.ukonward.com
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Do Your Good | Philanthropy for Funders & Nonprofits Helping funders give purposefully & nonprofits polish their fundraising pitch
As we have been chatting this month, DAFs (Donor-Advised Funds) are growing rapidly. One of the articles I shared in my podcast was from Inequality.Org that states: More than Half of America’s 20 Top Public Charities Are Donor-Advised Funds. The highest-earning DAF now takes in $11 billion more than the highest-earning working charity. Check out the whole article here: #donoradvisedfunds #daf #chartitablegiving #nonprofits
More than Half of America’s 20 Top Public Charities Are Donor-Advised Funds - Inequality.org
http://inequality.org
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The 2024 ACNC charity report has been released and there's some interesting data revealed around the disparity between philanthropic funding to extra small charities in comparison to major charities. 🌏️ Of 60,000 Australian charities registered in Australia, 31% are classified as extra small charities 🎢 These extra small charities only generate 0.1% of the sector income and 88% operate with no paid staff 💲The top 40 charities (out of 60,000) receive 20% of all donations and bequests in this sector One of our eligibility criteria for funding is that organisations applying for our grants must earn less than $10 million AUD in annual revenue. We believe that funding small grassroots charities means that our members' funding is going quickly and directly to the salaries and the materials required to make these vital projects happen for at risk or disadvantaged women and girls. Being a small charity ourselves, also enables us to be more agile and creative. We can pivot where necessary to support communities where the need is critical, to ensure that funding meets the needs of the too-often-forgotten side of the NFP sector. The report also noted that "Grant Making" as a form of giving is on the rise - with 11.7 billion given in this reporting period - an increase of 21% from the previous period. More than 85% of the projects we have funded since 2014, still exist today - we know this is powerful evidence that we are doing the right thing and encourage you to join us before June 30. Anyone can join. Learn more about 100 Women and join as a member here: www.100women.com.au Read the full ACNC Report here: https://lnkd.in/gheR-e8r
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Charities are facing a serious cost of living crisis in today's economy. Tightening budgets and declining donations make it more difficult than ever for charities to sustain their operations. To overcome these challenges, learn how charities can diversify their income streams. @NineFeetTall
Cost of living crisis: How can charities diversify their income streams? – Nine Feet Tall
https://www.ninefeettall.com
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Charities are facing a serious cost of living crisis in today's economy. Tightening budgets and declining donations make it more difficult than ever for charities to sustain their operations. To overcome these challenges, learn how charities can diversify their income streams. @NineFeetTall
Cost of living crisis: How can charities diversify their income streams? – Nine Feet Tall
https://www.ninefeettall.com
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Charities are facing a serious cost of living crisis in today's economy. Tightening budgets and declining donations make it more difficult than ever for charities to sustain their operations. To overcome these challenges, learn how charities can diversify their income streams. @NineFeetTall
Cost of living crisis: How can charities diversify their income streams? – Nine Feet Tall
https://www.ninefeettall.com
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Providing Massive Solutions | Investor | Artist | Asset Manager | Humanitarian | Deal Maker | HNWI Advisor| Speaker | Leveraged Equity Solutions For The Ultra-High Net Worth. How can I help?
Charities are facing a serious cost of living crisis in today's economy. Tightening budgets and declining donations make it more difficult than ever for charities to sustain their operations. To overcome these challenges, learn how charities can diversify their income streams. @NineFeetTall
Cost of living crisis: How can charities diversify their income streams? – Nine Feet Tall
https://www.ninefeettall.com
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Certified Foundation Manager (Germany) & Master in Charity Management (UK) Passionate leader with extensive experience in project- and management roles in non-profit, banking and international corporations.
3wSo true! It is not about selfish money distribution