Insights

Rising costs are a huge challenge for charities right now, with many organisations working harder than ever to manage and mitigate this risk.

Finding additional income isn’t easy and –  in some cases – it’s impossible.

So, what can you, your board of trustees, and senior leadership team do?

‘Sweat your assets’ is a commonplace motto in the corporate world – and it could be the way to go for your charity too.

🏫 Could you sub-let space in your building that’s under-utilised following the shift to hybrid working?

💡 Are you maximising your own team’s expertise and knowledge? Could you sell it as specialist consultancy to other organisations?

💷 Are all your funds working as hard as possible? Could you take action to get better returns?

📈 Are you making the most of Gift Aid? Charities are missing out on a staggering £560 million each year, according to recent research.

👉 Read more about how all this – and taking action on tax, compliance and fundraising – could help your charity strengthen its finances. Read this week’s top tips, from @Jonathan Orchard, Partner at @Sayer Vincent, here: https://bit.ly/41vchS0

Have a great week!