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Things to Consider When Managing Fundraising Risks

UK Fundraising, in their article, explain what their 10 key fundraising risks are and what trustees can do to mitigate against them. As trustees know fundraising can be a risky business and it is important for organisations be aware of whet theses are and take the necessary actions.

The risks they discuss include:

  1. Lack of a robust fundraising strategy – so that fundraising is conducted ad hoc with no real targeting of investment in the most promising areas. The answer here is to develop and maintain a costed fundraising strategy, linked to your organisational business plan, that focus on the future growth areas you have identified as your best future opportunities.
  2. Over reliance on a few income sources – such as too much funding from statutory sources. The answer to this is diversification, which can take time but is usually possible and makes your organisation more sustainable. The risks of not diversifying are financial decline and even organisational closure.
  3. High staff turnover – This can be very damaging for your income, as new staff take time to learn about the organisation and possibly to develop their skills. Departing staff can also take their contacts with them. If your organisation is affected, find out why people are leaving and seek to win greater loyalty – it will pay for itself in the long run. If you have an effective fundraising team, try to keep them at all costs.
  4. Compliance issues – In recent years especially, data protection has been a major hygiene factor for fundraising charities, so it is imperative to have someone who understands your obligations in handling personal data – GDPR is here to stay, Brexit or no Brexit. Other compliance risks include late filing with the Charity Commission, which funders will notice, so ensure your finance team is on track to file on time.

To read the full article click here.

 


Social Media Health Check Sessions

If the pandemic has taught us anything it is how effective social media can be to mobilise and engage with our community, but is your organisation using their social media platforms to their full potential? Do you know who your audiences are and when they are most active?

SCVO has teamed up with Digital Impact Consultant, Madeleine Sugden to provide a two hour social media session designed to be an organisational mini health check. The session will enable your organisation to consider and review what your organisation is already doing or would like to do better moving forward.

Our Social Media session will take place on Tuesday 19th October 2021, 10am till 12pm via a Zoom conference call. Booking onto the session is essential via Eventbrite by clicking here, as there are a maximum of 30 places available for this virtual session.

The session will ask you to consider:

  • Who your audience is?
  • What social media platforms do you use and what do you use them for?
  • The use of videos and photos
  • How to tell if what your doing is working by looking at metrics, time of day, content, etc.
  • Are your communications accessible?

Taking our online social media session can help your organisation broaden your understanding of these platforms, sharpen your skills and understanding and have a better understanding of how to use, target and engage with audiences on social media.

Tickets are available at the subsidised price of £10 per delegate – click here to book.  A refund policy will apply – details on confirmation of your booking.

Please note, an email invitation to join the virtual session will be send out by SCVO in advance and prior to the commencement of the session. For more information about this session please contact Libby Mahoney, SCVO’s Small Groups Development Officer by email at libby@scvo.info


Young People’s Mental Health and Self-Care Matter!

Young people told the Anna Freud Centre that when they are struggling they are usually told to see a professional. They don’t often get much advice about how they could help themselves.

What is Self-Care?

Self-care is about the things we can do to look after our own mental health.

The Anna Freud Centre have drawn up a list of strategies aimed at supporting young people’s mental health that they can use – see the process in this self-care infographic. They’ve also published a report following a consultation with young people and their families online click here to go to their website to download their report.

They’re sharing these strategies with you to help you to manage your wellbeing which can be viewed by clicking here. It’s up to you to decide what helps. If it works, keep doing it. If it doesn’t, stop and try something else.

Source: Anna Freud Centre

 

 


The Questions to Ask When Planning your Digital Project!

In Charity Digital News latest article, they explore the five questions that you should be asking when planning a digital project that are designed to provide solutions to problems, ensuring charities can continue to raise funds and deliver essential services. With digital projects allow charities to increase reach, minimise expenditure, automate services for low-risk users, and re-direct time and funds towards the most essential services.

The article explore these five questions:

1. What are the needs of your users?
2. What are your current resources?
3. Should you buy or build your tech?
4. What have you learned?
5. How can Amazon Web Services (AWS) help?

To read the full article click here.

Source: Charity Digital News


Domains of Resilience

What and how can we actually measure resilience? To answer this Jurie Rossouw, CEO at Driven, has investigated many existing models of resilience and combined them with neurological models to better explain resilience.

We are complex beings. Therefore, it makes sense that there are a great many different factors that contribute to resilience including:

  • beliefs we hold of the world, of ourselves and others;
  • information we have access to;
  • biases, skills, and education;
  • mental processes and behaviours.

To make sense of all of these, it’s useful to group related components into domains. Through Driven’s research they’ve grouped these components into six distinct domains that explain the specific factors that makes a person resilient.

These are:

  • Vision – Vision is about your sense of purpose, goals, and personal vision for yourself.
  • Composure – It’s about regulating emotions. The fight-or-flight response of the brain loves to flare up when facing conflict or hearing about a sudden change at work.
  • Reasoning – Creativity and innovative problem solving is incredibly useful when facing challenges along the way.
  • Tenacity – Persistence is the key. Einstein pointed out the importance of persistence for success when he said that “It’s not that I’m so smart, it’s just that I stay with problems longer”. In a globalised world, success is no longer a given.
  • Collaboration – We are social beings. The brain has a deep fundamental need for connection with others to be able to thrive.
  • Health – The foundational domain. Good health means looking after your body through what you eat, doing exercise, and getting quality sleep.

To read the full article from Driven click here.

Source: Driven


Trustee Leadership Training

The Trustee Leadership Programme is an award-winning governance training initiative delivered by charity support agency Cause4 in partnership with the Clothworkers’ Company. Now in its 8th year, this programme was launched to empower those taking on governance roles to be confident in their duties and deliver effective leadership.

Cause4 upcoming courses are:

Trustee Leadership Programme (10th / 11th February): this essential governance training supports new or aspiring Trustees to understand the roles and responsibilities of Trustees and how to have a significant impact on a board. This refreshed training course will give you an overview of the sector and an understanding of governance & strategic planning, financial management, and fundraising. This session also includes an expert guest speaker and networking session for course attendees to meet charity leaders seeking new board members.

To book your place click here.

Emerging Chairs Programme (10th March): Kickstart your year by getting essential support as you take your step towards Chairing a board or maximise your impact in your current Chari role. You will become empowered in your role by gaining insight into Leadership, Chair-CEO relationships, fundraising, and marketing.

To book your place click here.


Volunteer Expenses Made ‘App-y’!

Digital start-up vHelp has launched a new app-based service that makes it quicker and cheaper to reimburse volunteers’ expenses.

vHelp Expenses allows volunteers to submit their expense claims through their mobile phones, and once approved by the charity, they receive payment directly to their bank accounts in around 24 hours.

As part of an introductory offer, vHelp is making the app available to charities for free for two months.

The app also allows volunteers to donate unwanted expenses payments back to the charity, allowing it to claim up to 25% extra in Gift Aid.

vHelp claims it costs charities as much as £18 in administration costs to process a single £6 expense claim. Using vHelp Expenses, the cost falls to less than £1.

Organisations sign up to the service and then invite their volunteers to download the vHelp app to their mobile phones.

The vHelp app can also be used to reimburse volunteers shopping on behalf of vulnerable residents during lockdown.

To find out more, please contact:
Patricia Salume on 07981141530 or patricia@veeloop.com
Randa Bennett on 07833 368369 or randa@veeloop.com


Diversification Is this the Key to Sustainability that Needs Unlocking?

As organisations start to think about how they can ‘bounce back’ from COVID-19 pandemic challenges and the effects it has had on their organisation. The question that rolls round everyone’s head is how can we diversify our income, to reduce the reliance on one source of income generation?

SCVO has seen over the years, good organisations falter as they fail to diversify their income streams and rely too heavily on one source, which when withdrawn has had a detrimental effect on that organisation. Now more than ever the need to diversify income streams has never been more important, as already oversubscribed grant programmes, competing demands on public donation and less philanthropic giving, is becoming even more competitive with finite funds available. A singular or limited income generation is no longer a viable option for sustainability as we all bounce back.

Whilst the future funding challenges and anxieties are slightly unclear with increasing demand and reducing financial resources. Organisations need to start to think about how they can diversify their income streams moving forward, as public donations, grants and corporate sponsorship and other more localised funding opportunities start to dry up. Real consideration needs to be given to online funding platforms such as easyfundraising (www.easyfundraising.org.uk/scvo) or LocalGiving Campaigns and other fundraising mechanisms to start to plug the longer-term funding gaps and to remove reliance to ensure sustainability moving forward.

Community Organisations are having to think more on their feet, become bolder, more innovative and increasingly savvier in order to survive, as they look to compete for a smaller pool of funds from funders amidst the COVID-19 outbreak and beyond. Diversifying income streams, especially by ramping up the search for grant-giving by other means could ensure the long-term future of those organisations reliant on the public donations and funding bodies. Can only be a step in the right direction for longer term sustainability and short term survival.

Want to find out more?

Then why not book a place on our Virtual Diversifying Your Income Webinar being held on 11th March 2021, 10am via a Zoom Conference Call. To find out more or to book your place go to www.scvo.info/free-diversifying-your-income-webinar/

 


FREE – Diversifying Your Income Webinar

There has never been a more important time than now to consider and review your organisations income sources, as traditional approaches become increasingly more competitive and challenging to achieve. The pandemic has only served to intensify the necessity for an organisation to continue to be adaptive and flexible if they are to increase their sustainability goals moving forward.

In SCVO’s Virtual ‘Diversifying Your Income Webinar’ we will explore some of the different approaches to attracting funding into an organisation from them to consider moving forward. The free webinar will take place via a Zoom Conference Call on Thursday 11th March 2021, 10am – 12pm.

This virtual webinar is aimed at those community, voluntary and social enterprise organisations, seeking to strengthen and increase their sustainability by exploring different approaches to fundraising and attracting investment.

The webinar aims to:

  • provide a better understanding of why diversifying your income could increase your organisational sustainability;
  • explore some of the different approaches to attracting income or support into your organisation;
  • explore some of the advantages and disadvantages of these approaches and
  • provide practical hints and tips.

There is a maximum of 30 places available for this virtual webinar. All places must be booked through Eventbrite by clicking here. Once you have registered to attend the webinar we will email you with joining instructions nearer the time of the webinar.

Save the Date!

SCVO will also be running a FREE webinar on An Introduction to Risk Management being held on Thursday 15th April 2021, 10am via a Zoom Conference Call. Avoid disappointment and subscribe to our free weekly e-bulletin at www.scvo.info, to ensure you are one of the first to know about other webinars, Meet the Funders and so much more.


Small Charity Guide to Cyber Security

Now more than ever it’s important to ensure your charity is as protected as possible from cybercrime threats and fraud. A good place to start is the National Cyber Security Centre’s Small Charity Guide. How to improve cyber security within your charity – quickly, easily and at low cost is explained in this free guide.

To download your copy click here.

Source: National Cyber Security Centre


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