What are your responsibilities as a Trustee when fundraising?
11 Key Steps for Trustees, 1 Giant Leap for your Charity: Month 10
Welcome to month 10 of our 2018 Trustee governance guide where we are looking at charity fundraising. Fundraising is getting more difficult as there are more and more demands on donors’ income levels. Charities are having to be more creative in the fundraising that they undertake, but Trustees need to consider the risks involved, particularly in the light of recent legislative changes.
Step 10: Fundraising
Charities spend a great deal of time and resources raising funds through a wide range of activities. Whilst this would appear to be an inherently good thing in that ultimately funds are raised for the charity, the way that this is done and the costs incurred are often scrutinised and criticised.
Did you know: 70% of potential donors agreed they would be more inclined to give to charity if they knew how their money was directly helping.
In this article, we cover your responsibilities as a Trustee when fundraising, how to plan effectively, protecting your charity’s reputation and the consequences of getting it wrong.
Click here to read the full section for step 10.
Look out for our next blog in the series in November on conflicts of interest. You can read any of the previous nine months’ topics below:
- Finding New Trustees
- Internal Financial Controls
- Collaborative Working and Mergers
- Trustee meetings and Decision Making
- Trading and Tax
- Campaigning, Lobbying and Political Activity
- Risk Management