Sources of Income

Generating income can include a range of sources; from donations, applying for grants, online and community fundraising or crowdfunding, to starting to trade or delivering services under contract. But where do you start?

Having a range of funding sources means that your organisation is likely to be more resilient. A funding strategy can help you identify the different sources of funding which are appropriate for your organisation and your stage of development.

For more detail on different types of income generation see the Institute of Fundraising and Knowhow Nonprofit sites or watch the fundraising webinars from the FSI.

FAQs

How do I find out about funds and grants?

Bucks Funding Search is a free online platform which allows you to browse and search for funding relevant to you. If you sign up to Bucks Funding Search you can also receive funding alerts direct to your inbox.

Not signed up yet? Find out more…

How can I get funding for core costs for my charity?

Some funders will specifically support core costs as part or all of a funding application, but this tends to be the minority. Remember to include an appropriate amount of running costs (full cost recovery) in your applications for projects to build financial sustainability. Two useful resources can help you with this:

Unrestricted donations can be used to support core costs, whether individual, corporate or from some of the local neighbourhood opportunities in your supermarkets and local lotteries.

Where can I find public sector tender opportunities?

With government at all levels increasingly contracting rather than giving grants to the voluntary sector you may want to consider public sector contract opportunities. This introduction from NCVO is a good starting point and places to search for opportunities are below.

Where can I find out about crowdfunding?

For an overview of setting up a crowdfunding campaign:

Spacehive-Aylesbury Vale: Covering Aylesbury Vale as a new crowdfunding platform.
Crowdfunder Bucks is a local platform you may also want to investigate.

How do I go about corporate fundraising?

As part of their Corporate Social Responsibility (CSR) agenda many companies allocate resources, which could be people’s time and expertise or money, to support charities and community projects. Find out more about how you could tap into this source of support:

 

Should we start trading?

Trading is the activity of buying and selling goods or services. Many charities trade products and services to help generate income, which can subsidise other activities; for example, when a client or beneficiary is unable to pay for the full cost of a service they are receiving. Sometimes they will set up a trading subsidiary to carry out the activity.

For more information:

What is social investment?

Social investment is repayable finance where the investor is interested in social impact as well as financial return. It can be an option where an organisation is expanding or starting a trading activity. The Big Lottery Funded Big Potential project produced some useful guidance on social investment and how it can help smaller charities:

 

 

Local Funding Opportunities

We will use this space to inform you about local funding opportunities as and when they arise.

  • The Home Office is pleased to announce the launch of up to £9 million of grant funding
    Funding is available to voluntary and community sector (VCS) organisations to help vulnerable or at-risk EU citizens needing additional support when applying for the EU Settlement Scheme (EUSS).The application period for bids will close at 12pm on 1 February 2019. 

     Read more…

  • Police Property Act Fund open: £100,000 available to community and voluntary groups
    A new grant round of the Police Property Act Fund has been opened, which is created from money recovered by the police and the proceeds from the sale of items that cannot be returned to identified owners, including seizures from criminals. Earlier this year £97,950 was distributed to 20 different organisations and the PCC and Chief Constable expect to allocate around £100,000 in this grant round.The closing date for this round of applications is Monday 17th December at 9am and applications will be considered jointly by the Police and Crime Commissioner (PCC) and the Chief Constable.
    Read more…
  • Growth Programme
    If you run a company which meets the criteria you could be eligible for Growth Advice or a Growth grant of £1000 to take forward your growth plans. Whether you are considering investing in market research, website design, re-branding, marketing collateral or other projects to grow the organisation this grant can potentially fund up to a maximum of 25% of the total cost.
    Read more…..
  • Enter the Charity Governance Awards 2019 and win £5,000 for your charity
    Entries are now open to the Charity Governance Awards 2019, the UK awards that recognise and reward charities achieving great governance.The awards shine a spotlight on the trustees, staff and volunteers who make change possible day after day by showcasing the stories that demonstrate how effective governance can transform lives.
    Read more…