Funding and Finance This section will help you think about: monitoring and managing your money your current financial situation and future plans accessing funds Do you have systems for managing money i.e. suitable bookkeeping procedures? Yes, they meet our needs Yes, but we could do with reviewing them No, we need some help with this Do you have a consistent payment system for the things you buy? This question is about your authorisation protocols and the systems you have in place around spend limits / thresholds. It's a chance to reflect on how effectively you monitor your spending. Yes, and we use it. Yes, but it's quite 'flexible' No, we don't need this No, we would like to know more Do you have an asset register of what your organisation owns? Yes No Not sure What's an asset register? Financially, how are you doing? We're comfortable and will be fine for the foreseeable We're OK now but have concerns over the next 12 months There are a lot of challenges ahead and we're not sure how to overcome them all We need money NOW! Take into account now and in a year's time. What do you need money for? How would additional income help you? Some examples: Capital Projects - building repairs / improvements or equipment Revenue / Unrestricted Core - running costs, rent, salaries Project / Activity - all costs involved in delivering a project What types of funding streams / income do you use? Grants from funders Payment for delivering a commission or contract Donations - money Donations - goods and equipment Online cashback - JustGiving, Amazon Smile, Easyfundraising etc. Online donations - e.g PayPal buttons Sponsorship - corporate donations Sponsorship - regular donations from supporters Legacy donations - money left in wills Users - paying for activities Users - paying recurring memberships Fundraising activities - raffles, tombola etc. Any others? Anything else that we've missed? Tick all you currently utilise Are these streams working for you? Would like you to diversify? If so, please tell us why. Share your information I would like a copy of my results I would like some informal feedback from WVA Send them to this address If you would like a copy of your results or some informal feedback, please provide your email address.