Act Like A Trustee, Think Like A Fund Manager

Originally published on www.journalonline.co.uk

The pressures of the current financial environment are taking their toll on a number of charities. Staffing and project work are under review, there is pressure to cut back expenses and outgoings, and the level of grants being made by grant-giving charities is being scaled back. Multi-year projects are being foreshortened and funding pledges are being reduced or revoked. For charities which rely on the public sector for funding, either because of substantial grant support or because services are purchased by central or local government, the pressures are likely to increase further. And yet, amidst the gloom, parts of the sector continue to fare well.