Developing an Income Generation Strategy v 2
Transcript of Developing an Income Generation Strategy v 2
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Developing an IncomeDeveloping an Income
Generation Strategy beyondGeneration Strategy beyond
traditional sourcestraditional sources
June 24 2009
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Issues to considerIssues to consider
An inevitable reduction in PDF
Government investment likely to have
strings mission drift possible? Reduction of free money from Local
Authorities
Increasing commercialism versus reducingUSP
Charity or Social Enterprise? or both?
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QuestionsQuestions
How soon can we reverse this trend?
Should we be trying to reverse it?
Are we uncompetitive in the market place? Are we operationally efficient?
Are we attractive enough for inward
investment? How can we help ourselves?
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Other charitiesOther charities
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Other charitiesOther charities
What do they have in common?
Service providers Deliver contracts and commissions
Part of the fabric of our society
Respected and understood
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Other charitiesOther charities
What do they have in common?
Service providers Deliver contracts and commissions
Part of the fabric of our society
Respected and understood
AND CRUCIALLY
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These charities..These charities..
Secure income generation through
public/corporate giving
Have a membership based on individualparticipation
Connect local people to their efforts
Shape and influence their own destiny
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I.G. ProductsI.G. Products
Community fundraising car boot sales, events, jumble sales, coffee
mornings
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I.G. ProductsI.G. Products
Community fundraising
car boot sales, events, jumble sales, coffee mornings
Corporate fundraising
membership, donations, sponsorship, CSR,roll of honour
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I.G. ProductsI.G. Products
Community fundraising
car boot sales, events, jumble sales, coffee mornings
Corporate fundraising
membership, donations, sponsorship, CSR, roll of honour
Campaigns flag days, collecting cans, major giving
campaigns, causes, capital projects
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I.G. ProductsI.G. Products
Community fundraising
car boot sales, events, jumble sales, coffee mornings
Corporate fundraising
membership, donations, sponsorship, CSR, roll of honour
Campaigns flag days, collecting cans, major giving campaigns, causes, capital projects
Gift Aid
legacy giving, payroll giving, grant funding,
donations
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I.G. ProductsI.G. Products
Community fundraising
car boot sales, events, jumble sales, coffee mornings
Corporate fundraising
membership, donations, sponsorship, CSR, roll of honour
Campaigns flag days, collecting cans, major giving campaigns, causes, capital projects
Gift Aid
legacy giving, payroll giving, grant funding, donations
Contracts commissions, SLA, contracts direct agency
accreditation
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I.G. ProductsI.G. Products
Community fundraising
car boot sales, events, jumble sales, coffee mornings
Corporate fundraising
membership, donations, sponsorship, CSR, roll of honour
Campaigns flag days, collecting cans, major giving campaigns, causes, capital projects
Gift Aid
legacy giving, payroll giving, grant funding, donations
Contracts
commissions, SLAs, contracts direct agency accreditation
Membership Subscriptions Annual fees
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I.G. ProductsI.G. Products
Community fundraising
car boot sales, events, jumble sales, coffee mornings
Corporate fundraising
membership, donations, sponsorship, CSR, roll of honour
Campaigns flag days, collecting cans, major giving campaigns, causes, capital projects
Gift Aid
legacy giving, payroll giving, grant funding, donations
Contracts
commissions, SLAs, contracts direct agency accreditation Membership Subscriptions
Annual fees
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For considerationFor consideration
Do we maximise our charitable status?
Are we more than an ALMO of local
government?
Should we become conventional in raising our
own income for the furtherance of our work?
If not, how will we plug the gap?
If yes, we need to start planning now Could we raise 1m per annum in the northwest?
Should we do this collectively or individually?