When times are tight, it’s easy to just keep doing what you did last year in the hope that things will get better. But to be successful and allocate your limited resources efficiently, you first need a realistic assessment of everything within your organisation that impacts on its’ capacity to source funding. You also need to understand the external environment in which you operate.
Whether it's the first step towards developing a Strategic Funding Plan or you just want to identify new opportunities, Accelerated Development can undertake a review of your funding model that will give you the insight you need to make informed decisions.
A funding model review will look at your internal resources, culture, processes, performance and position, identifying ways to improve your results and hopefully we’ll help you to discover unexpected opportunities.
Scaled and tailored to suit your organisations' needs and budget, a funding model review is an audit of the main factors impacting on your fundraising and results. Accelerated Development can carry out an internalaudit of:
your charitable and financials goals, funding needs and fundraising resources
the skills, experience and performance of your fundraising team
your funding stream mix, fundraising activity and results
the relative return on your investment in various forms of fundraising
your future goals, ambitions and options for generating additional funding
any funding strategy or planning you have undertaken
A Funding Model Review is suitable for organisations that want to:
create an effective funding strategy, plans and appropriate budget
diversify funding streams (e.g. are you too reliant on a particular event of activity)
grow - through improved performance or change in strategy
recruit staff or ensure the right level of staffing/competencies in the team
What are the benefits for your organisation:
identify new opportunities
identify strengths and weaknesses and how to deal with them
find out how ready you are to create or update a funding strategy
establish a foundation and framework for creating a robust, long-term strategic funding plan
Identify any organisational issues that could negatively impact your capacity to source funding
determine what information, data and insights you will need in order to succeed in sourcing more funding