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HELP!!!!
Submitted by Forum_Admin on 5 September, 2007 - 09:51.
Help!
I'm hitting a brick wall in trying to write our case statement. The reality is its incredible difficult to evidence need.
We're running loads of statutory contracts and our directors are looking for more opportunities in this area, but I am tasked with starting a programme of unrestricted income generation.
I'm working on a case statement but when I ask questions such as : why do we need more money? what's it for? what are the specific projects this will support? why is it urgent? ...then the answer I keep coming back to is...having unrestricted income is an organisational aspiration and is not based on beneficiary need...
I'm starting to feel like I'm beating my head against a brick wall and working in isolation.
Any advice?
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RE: HELP!!!!
I am not a lawyer or an accountant, but ...
As far as I undertand it, under SORP, contract income is reported as unrestricted income. The statutory agency is paying you to deliver a service - not giving you a grant.
If I'm right on this, this is why you could be running into problems - less eddicated people are looking at your accounts and thinking "Plenty of unrestricted income" - without realising that this is in fact tied to delivery of a particular service.
Under the Voluntary Sector Compact, the statutory agency should also be covering the costs of whatever you are delivering - if you are having to fill a gap with grant income then this is not sustainable in the long-term - why should independent charitable foundations effectively be subsidising the Government?
RE: HELP!!!!
I think this will give me a way forwards. Fingers crossed.
RE: HELP!!!!
Your not alone in this, it's something I've experienced and have seen others go through as well. An organisation that exists off statutory contracts can't just turn around and ask for unrestricted income for unspecified purposes when there's no apparent benefit for donations other than to keep the bean counters happy :o) The management types who expect money for nothing really just don't understand why and how the fundraising process works, but hey ho...
Best advice I think is to put forward your reasons why this approach simply won't work and suggest the better way forward, which is to encourage people through the organisation to come up with proposals as to what they would like to be able to do if the money was available. This then can target your approach to researching funding sources too...
Within an organisation that's been reliant on statutory contracts I've found it can be quite hard to get people to do this. I think its because they've become so acustomed to only thinking of their project work in terms of meeting ongoing contractual targets... not what they could do beyond this... but its worth persevering and keeping on at people... attitudes can change, slowly but surely :o)