N.I.T.A.P. Factsheet

9. FUNDING

One thing that all groups need from their formation is money which allows them to send letters and make phone calls. For any Group to develop a project or event it is vital to have the necessary funds. This series of factsheets explores the sources of funding available:-

Local Fundraising, Council Funding, Trusts, Statutory Funding and the National Lottery, giving practical and effective hints to help your group secure the funding required.

9a.   Preparation for Fundraising
9b.   Local Fundraising Activities
9c.   Fundraising Strategy
9d.   Council Funding*
9e.   Trusts Funding*
9f.   The National Lottery
9g.   National Lottery Charities Board
9h.   Statutory Funding
9i.   Companies/Businesses Funding
9j. _ ?

9a. Preparation for Fundraising

The key to successful fundraising is 'Good Preparation'. Good preparation involves clarifying aims and objectives and developing a Plan of Action prior to any fundraising. This booklet will give a brief introduction to the preparation required and the various sources of funds that are out there.

9b. Local Fundraising Activities

This factsheet outlines a number of fundraising activities by which a Group can raise those pounds needed to set up and run a group or to top-up a grant and supplement their income.

9c. Fundraising Strategy

Forward planning of funding needs is essential to ensure the smooth running and success of ongoing and future developments of any Community Group.

This factsheet offers advice and useful tips on the importance of drawing up a fundraising strategy, what this involves and how it should be carried out.

9d. Council Funding*

For any Group that has just been established and constituted, the first port of call should be with the local Council. This factsheet details the types of funding which may be available.

9e. Trusts Funding*

"A large body of money completely surrounded by people who want some" is how a Charitable Trust was once described. If your group is one of those who is 'surrounding' the money this factsheet tells you how best to secure some of it.

9f. The National Lottery

There are 5 areas of National Lottery funding - Charities, the Arts, Sports, Heritage and the Millennium. This factsheet provides a guide to the different bodies/agencies which are responsible for these five areas and the type of funding which may be available from each.

9g. National Lottery Charities Board

Of the five areas of the National Lottery Funding - the Charities Board is the most relevant to Community Groups regardless if they are a registered charity or not. This source of funding is specifically project driven and the type of project supported will depend upon the current round.

N.I.T.A.P. has developed this factsheet to introduce this particular source of funding and give some tips of the application process, type of projects appropriate and who can apply.

9h. Statutory Funding

Does the idea of approaching Government Departments for funding give you sleepless nights?

If you don't quite know how to go about applying for Statutory Funding this Booklet is for you, it goes through step by step, the different stages you wil need to complete to stand the best chance of obtaining funding.

9i. Companies/Businesses Funding

The business community in your local area is an untapped resource of gifts in kind, free advice and sponsorship. If you need tips on how to successfully approach businesses for help just request the 'Companies/Businesses Funding' factsheet.