creating a sustainable funding plan that works
DESCRIPTION
This presentation is from a workshop at the NCVO Funding Conference 2014, sponsored by Charity Bank. Speakers: Julie Lawes, Catch Up and Olof Williamson, NCVO Find out more about the NCVO Funding Conference 2014: http://www.ncvo.org.uk/training-and-events/funding-conference Find out more about the funding resources provided by NCVO: http://www.ncvo.org.uk/practical-support/fundingTRANSCRIPT
Creating a sustainable funding plan that works
Sponsored by:
Julie Lawes: Catch Up Olof Williamson: NCVO
Overview
• What is sustainable funding?• The income streams – big picture…• Scanning and planning• NCVO Kite – structured thinking
• Catch Up’s experience
• What will you do?
What is sustainable funding?
• A principle• An approach• An ever-moving target?
Scanning and Planning
• What is going on out there?• How do you plan for it?
Funding strategy kite
1. Where are we?2. Where do we want to be?3. How do we get there?
Vision Mission Values
Income Spectrum options
Sun Tool improvements
Focused actions
Delegation and responsibilities
Funding goals
An independent charity:Working to address the problem of underachievement that has its roots in literacy and numeracy difficulties
www.catchup.org
Catch Up is a not-for-profit UK registered charity: 1072425Catch Up is a registered trademark
Catch Up Ltd is an endorsed charitable institute ABN: 62154644498
• Background to Catch Up• Creating a sustainable funding plan:
• Mixture of grants and earned income• Not chasing the money!• Planning products and market
development
Catch Up was established in 1998
Mission:
‘To address the problem of underachievement that has its roots in literacy and numeracy difficulties’
Sustainable Funding Plan
Structured one-to-one interventions for struggling readers and for learners who struggle with numeracy
Centred on 15 minute sessions delivered twice a week, targeted to the needs of the individual
Grounded in rigorous academic research and shown to be effective in schools (and other settings)
Realistic, practical and inexpensive
Catch Up Literacy Catch Up Numeracy
Sustainable Funding Plan
offers integrated training and resource packages to support the management and delivery of the Catch Up interventions
provides ongoing support, through the Catch Up Community, for those who deliver the Catch Up interventions to struggling learners
undertakes research into the development and enhancement of the Catch Up interventions, and into extending the support it provides to struggling learners
Catch Up is a not-for-profit charity that:
Sustainable Funding Plan
Number of Catch Up trainees and learners
Sustainable Funding Plan
Trainees
Sustainable Funding Plan
How many learners have been helped?
Sustainable Funding Plan
A Sustainable Funding Plan
Catch Up is a not-for-profit UK registered charity: 1072425Catch Up is a registered trademark
Catch Up Ltd is an endorsed charitable institute ABN: 62154644498
• Mixture of grants and earned income
• Not chasing the money!• Planning products and market
development
Mixture of grants and earned income
The most important general principles are as follows:
The majority of our income has always come from sales of training and resources to schools and local authorities, in England and Wales.
In many ways we operate like a medium sized business with some commercial advantages in being a charity: some schools have said they prefer to buy training from a charity rather than a company; and all surpluses are reinvested in the charity core costs rather than required for dividends.
Sustainable Funding Plan
Sustainable Funding Plan
The price of the integrated training and resource packages is set in order to cover core costs after direct costs of providing those packages have been met, with most future developments being funded from other external sources.
Sustainable Funding Plan
Sustainable Funding Plan
The demand for training is hugely influenced by government initiatives and corresponding funding. The annual variations in numbers of trainees can, therefore, be greater than might be expected.
We control trainer costs and manage peaks of demand for training by the use of freelance staff (Catch Up Accredited Trainers) rather than permanent payroll employees.
Sustainable Funding Plan
Sustainable Funding Plan
In 2010-11 we were affected by changes in school level expenditure and in government spending at a local government level and demand for training fell
We made cost reductions 2011 (staffing, premises and resources)
We also extended our training resource package and increased its price in 2012
Sustainable Funding Plan
Sustainable Funding Plan
Not chasing the money!
Grant funding from organisations with an overlap of mission and goals
Not chasing the money!
Sustainable Funding Plan
Catch Up developments have relied largely upon:
Loan funding from Charity Bank and trustees (eg the amalgamation of age-related Catch Up Literacy programmes into one integrated training and resource package, creation of Digital Games).
Grant funding from organisations such as the Esmée Fairbairn Foundation (eg the creation of Catch Up Numeracy)
Sustainable Funding Plan
Sustainable Funding Plan
Grant funding has also helped:
Accelerate the growth of Catch Up. For example, the Charles Dunstone Charitable Trust has provided a series of grants to help fund our marketing and communications.
Facilitate further research into Catch Up Literacy and Numeracy. (Two grants from the Education Endowment Foundation)
Sustainable Funding Plan
Sustainable Funding Plan
Planning products and market development
Ensured that products remain relevant within a changing national context
Appointed a lead marketing consultant – development of marketing plan
Planning products and market development
Sustainable Funding Plan
Next steps
Exploring potential partners to help further growth of Catch Up through:
Grants/loans and also consultancy expertise
……so that we can support many more learners who struggle with Literacy and Numeracy
Next steps??
Sustainable Funding Plan
An independent charity:Working to address the problem of underachievement that has its roots in literacy and numeracy difficulties
www.catchup.org
Catch Up is a not-for-profit UK registered charity: 1072425Catch Up is a registered trademark
Catch Up Ltd is an endorsed charitable institute ABN: 62154644498
Your sustainability
Group work
•Current biggest source of income•Vulnerabilities•Opportunities•What action do you need to take?
What works and what doesn’t
• Early action – advocate• Sound planning• Taking opportunities• Planning for skills• Ambition• Realism
• Wait and see approach – year after year
• Disinvesting – it’s taken up enough time already
• Chasing the money• Wild targets
Zoology returns