A useful article from Charity Excellence on the impact of the Cost of Living crisis on UK charities.  You can find more on their website https://www.charityexcellence.co.uk/

There are no major changes to our previous forecast, as the crisis appears to be following our modelling predictions.   

Good News. 

  • There has been some hopeful economic news, such as falling gas prices giving the Chancellor some head room
  • Inflation expected to fall soon.
  • Plus, the deterioration in fundraising that began in late 2021, has been slowing in recent months.
  • We think we may see some signs of recovery earlier than our predicted mid-year 2023.

Not So Good News. 

  • The Bank of England forecast suggests that economic recovery will take longer and.
  • We are seeing signs of deep financial distress amongst charities.
  • If there are significant closures as we fear, those charities won’t be coming back, and.
  • For others that are liquidating large amounts of reserves, restoring those will take years, with a commensurate impact on service delivery.
  • Our forecast for full sector recovery has moved from 2024 to 2025.

Read on

We are delighted that the 15th annual Trustee Exchange returns, for a second year, to BMA House.

The Trustee Exchange programme is designed to provide excellent coverage of a wide range of topical matters that are relevant to charity trustees, regardless of organisational size. Don’t miss out, book now.

Conference highlights include:

  • Regulatory updates
  • How well governed are you financially?
  • Surviving a statutory inquiry
  • How trustees can support audacious goals in fundraising
  • 10 hallmarks of a successful chair
  • Mainstreaming equity, diversity and inclusion

Featuring three themed streams, panel debates and insightful keynotes, we are delighted to give you the opportunity to come together in-person to share best practice, discuss ideas and challenges, and network with fellow delegates.

Further information & Booking

We’ve searched the internet and put together a handy list of awareness days and events for you to get involved with. Why not add a few to your content diary! Take a look here.

The National Security Centre (NCSC) guidance for SMEs to help protect your organisation and email accounts from future compromise:

https://www.ncsc.gov.uk/section/information-for/small-medium-sized-organisations

‘The government has pledged to consider “the specific challenges” faced by charities around energy bills when deciding whether to offer additional support. Last week, the government set out the details of its Energy Discount Scheme, which included £5.5bn in energy costs relief between April 2023 and the end of March 2024 for private sector organisations and charities that are on a business energy tariff…’ Read more here.

Please see following links to booklet which contains information to help and support Hammersmith and Fulham residents with the cost of living crisis: 

Web page: www.lbhf.gov.uk/costofliving

Online booklet: https://www.lbhf.gov.uk/costofliving/booklet

“Social media is constantly evolving – with new algorithms and updates making it more difficult to keep up to date and achieve cut-through. To maintain the same level of engagement, communicators need to find different ways to use each channel, for instance, Twitter chats.” Read more here.

‘In our experience, foundations often transform themselves step by step by integrating new approaches into existing and proven processes. Therefore, we have structured this guide like a toolbox containing compartments for the different steps of a funding process: for the application phase, the reporting requirements, the grant restrictions and grant agreements, as well as the organisation of the cooperation during the funding period…’ Read more here.

“Social media is now widely accepted as a crucial part of any organisation’s comms strategy. But what does ‘good social media’ look like? Not just on particular platforms, but across all of them? It’s a question I hear a lot and it might be something that you, your team, or, perhaps, your whole organisation struggle with.” Read more here.