Funding Overview

Statutory Funding:

Funding from statutory bodies is raised from taxes and distrubuted through a variety of statutory bodies. These include:

• Local Authorities
• Central Government Departments
• Primary Care Trusts (PCT)
• European Union
• Local Stategic Partnerships
• Learning & Skills Councils
• London Councils
• Local Area Agreements

Sources of information on statutory funding can be found on:

www.governmentfunding.gov.uk

www.info4local.gov.uk

Lottery Funding:

The National Lottery raises money for a range of good causes that benefit communites across the United Kingdon. From every £1 spent on lottery tickets and scratchcards, 28p goes directly to good causes and spilt between the following categories:

• Arts
• Charities
• Health, Education and the Environment
• Heritage
• Sports

The money distributed amongst the five good causes and allocated to projects on an open competition basis.

Sources of information on Lottery funding can be found at:

www.lotterygoodcauses.org.uk

Big Lottery Fund www.biglotteryfund.org.uk

Heritage Lottery Fund www.hlf.org.uk

New Opportunities Fun www.nof.org.uk

Awards for All www.awardsforall.org.uk

Sport England www.sportengland.org

Charitable Trusts & Foundations:

These are registered charities whose primary purpose is to make grants. Their funding may come from:

• Fundraising from the public - e.g. Comic Relief, Help a London Child and Children in Need
• Pre-Tax profits of a company
• An Endowment - a capital sum given to them by an individual, family or company. The endowment may take the form of cash, stocks, shares or land. It provides a tax-exempt income, which funds the grant-giving

Sources of information on Charitable Trusts and Foundations can be found at:

Directory of Social Change (publish directories containing major UK Trusts and Foundations) www.dsc.org.uk

Trust Funding: www.trustfunding.org.uk

Guide Star: www.guidestar.org.uk

London Funders: www.londonfunders.org.uk

Funder Finder:www.funderfinder.org.uk

Access Funds: www.access-funds.co.uk

Charity Commission:www.charity-commission.gov.uk

Association of Charitable Foundations:www.acf.org.uk

Company Funding:

Companies support organisations in a variety of ways. These include:

• Sponsorship
• Donations
• Cause-related marketing
• Gifts in kind
• Cash donations (usually for one-off capital costs and very rare)

Sources of information on company funding can be found at:

Directory of Social Change publish a guide to UK Company Giving: www.dsc.org.uk

Business in the Community: www.bitc.org.uk

www.companygiving.org.uk

Social Enterprise - Income Generation:

A social enterprise can take many forms:

• Unincorporated Associations
• Trusts
• Company Limited by Guarantee
• Industrial &Provident Societies/Co-ops
• Registered Charities (with trading arms)
• Community Interest Companies
• Charitable Incorporated Organisations
• Company Limited by Shares

Primarily their objectives are for social purpose and their surpluses are principally reinvested for that purpose in the business or in the community, rather than being driven by the need to maximise profit for shareholders and owners. Please refer to the Social Enterprise link on this website for further information.

Individual Funding:

This is simply fundraising from individuals. Individuals may support organisations through:

• One-off donations
• Committed Giving Scheme - Give as You Earn/Payroll Giving
• Gift Aid
• Events
• Major gifts
• Legacies/Bequests
• General Appeals
• Street Collections
• Share Giving
• Auctions
• Sponsored Events
• Membership Schemes

All individual fundraising requires infrastructure and resources to be managed and developed effectively, but this can be an excellent way of generations unrestricted income.

Sources of information on Individual Funding can be found at:

Institute of Fundraising: www.institute-of-fundraising.org.uk

www.hmrc.gov.uk/charities

www.payrollgivingcentre.org.uk

www.payrollgivinggrants.org.uk

www.rememberacharity.org.uk

www.sharegift.org.uk

Please also see the following publications:

• Sunday Times Rich List
• Who's Who
• Debrett's People of Today

N.B. Most of these publications can be found at your local reference library.