Hi, I was wondering how charities fund themselves other than with voluntary donations, for example when donations are low or as a more reliable source of income? Thanks very much ![]()
* Trading income (38%).
* Grants/fees from central or local government (37%).
* Donations, legacies and similar income (20%).
Breakdown from the Charities Commission website.
This last couple of years have been particularly bad for charities because many have seen their income from investment drop substantially, and people have been donating less as they have had to manage their own cashflow problems. The grants and fees from central and local government have also been under pressure. Local Councils have cut back on funding to charities, and central government has been simultaneously talking up the importance of charities while making ever more stringent rules on demonstrable value for money.
April 30th, 2010 at 9:08 pm
* Trading income (38%).
* Grants/fees from central or local government (37%).
* Donations, legacies and similar income (20%).
Breakdown from the Charities Commission website.
This last couple of years have been particularly bad for charities because many have seen their income from investment drop substantially, and people have been donating less as they have had to manage their own cashflow problems. The grants and fees from central and local government have also been under pressure. Local Councils have cut back on funding to charities, and central government has been simultaneously talking up the importance of charities while making ever more stringent rules on demonstrable value for money.
References :
http://www.charity-commission.gov.uk/Publications/rs8.aspx#21
http://www.independent.co.uk/news/uk/politics/government-cutbacks-could-wipe-out-25-per-cent-of-charities-1926155.html