After the vote in June, quite a few charities have been looking for our guidance about the effect of the decision to leave the EU. Furthermore, some organisations have found their initiatives positioned in extremely unpredictable scenarios, with application submissions to monetary funds including the ERDF (European Regional Development Fund) pending and no solid or consistent support from the Government or regional LEPs regarding whether the financing streams will still come to fruition. fundraising staff Whilst at this stage nobody knows with certainty what the effect will be, we would certainly suggest that charities confronted with the challenge of an unknown outcome from European funding comply with these essential steps:1. Don't Panic!In the years following 2008, charities and not-for-profits across the UK survived one of the worst times of recession the nation has ever seen. In case you made it through the difficult times of the previous eight years, you're highly likely to make it through BREXIT also. This site legacy consultant has a lot more information on the topic of major giving consultants.2. Talk With Current Funders If you are mid-way through fundraising for a big project, communicate with your present funders now. In case they have actually committed already it is simply because they believe in your undertaking and will be understanding of your predicament - some might even raise their funding offer to cover a possible shortfall. 3. MitigateDealing with the issue directly and providing a brief evaluation of precisely how you intend to mitigate against a possible financing shortage - looking for additional funders, scaling or phasing an undertaking etc. - will be viewed favourably by both existing and potential donors alike, generating confidence in your organisation. In case you need guidance regarding your growth strategies or fundraising challenges, do not hesitate to contact one of our Directors for an informal chat.
We just sent you an email. Please click the link in the email to confirm your subscription!
OKSubscriptions powered by Strikingly