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?