CAPITAL FUNDING STREAMS KAREN HOLDSWORTH-CANNON COMMUNITY BUILDINGS ADVISOR
Community Buildings Advice Provides expert advice on any and all matters to do with the operation and management of community buildings. We can advise on: Charity Law Governance Best practice Trustee roles and responsibilities Health and safety Insurance Funding advice and support TRAINING We host networking meetings, where members of management committees can share experiences and ideas and give each other some welcome support.
CAPITAL BUILDING PROJECT FIT FOR PURPOSE NOW GOVERNING DOCUMENTS PARALLEL UNIVERSES OF THE PAST, THE PRESENT AND THE FUTURE TRAINING TO WRITE APPLICATION FORMS
WHY DO YOU NEED CAPITAL FUNDING?
What does your community need? A Grand Design? Or Community Building?
What is the Community Usage?
Where is your Governing document? Is it the same one that the Charity Commission hold or has someone changed and fiddled with it over the years? Does your Governing document allow you to fundraise? Is your Governance document fit for purpose to raise that amount of money and does it protect the trustees? Does your governing document need changing? How are your finances managed already do you abide by the Charity Commission CC8 regulations? How will you manage the fundraising? What regulations apply? CC20 and CC15d
What is a Capital Funding Campaign? The most amount of money from the fewest possible sources in the shortest possible time. HOWEVER IN CURRENT CLIMATE IS THIS REALISTIC?
Planning your Capital Campaign? How long have you allowed? Shatter ILLUSIONS... BE REALISTIC!!! What is the amount that you are trying to raise? Who and what skills have your team got? What is your CAMPAIGN structure? What is the quotation for the works? Be aware of Svengali figures and land fraud!!! Abide by CC28 and designating the land for major redevelopment
CAPITAL CAMPAIGN STRUCTURE
FUNDRAISING WHERE DOES THE MONEY COME FROM? REGISTER FOR GIFT AID ¼ COMMUNITY FUNDING RAISING ¼ GRANTS ¼ LOANS ¼ DONATIONS/LEGACIES/BENEFACTORS THE BALANCE outstanding!!! CONTINGENCIES
FUNDRAISING CONTINUED PERSERVERANCE NUMBER OF APPLICATIONS GO GO GO!!! Average trust will take 6 to 12 months to get back to you. JIGSAW FUNDING 1000 APPLICATIONS MIGHT GET LUCK WITH 10
THINGS TO REMEMBER CONSTRUCTION DESIGN AND MAINTENANCE REGULATIONS 2015. You as trustees are still ultimately responsible for Health and Safety on site and disposal of waste etc. VAT RULES WHAT EXEMPT AND NOT EXEMPT GET GOOD ADVICE. HAVE THE CONVERSATION AT THE DESIGN PHASE ALLOW A 20% CONTINGENCY. RECENT RULINGS ABOUT HIRING OUT BUILDINGS AND LONGTERM USE DO NOT GUARANTEE EXEMPTION. Longridge on the Thames VAT case implications for charities. What is defined as economic activity. HAVE A SEPARATE BANK ACCOUNT FOR BUILDING WORKS AND CAPITAL FUNDS. ENSURE CASH FLOW!!!!!!!!!!!!!
As Trustees are you fit for Purpose now and what do funders look for? Do you have Fire Risk assessment Buildings maintenance plan for 1 year /2 year /5 year /10 year /15 year What is your bank balance like? What has the building spent on maintenance in the last 5 years? Is this work due to poor maintenance and management Is there good governance and management? Do you get your 80% rates relief now. Are you Savvy with the charities money? Are you getting the most from the VAT relief on Utilities?
So as a Community Buildings Advisor I get Photos of
As a funder I am thinking!!! So What!!!! lovely pictures I can see the health and Safety issues and you score points for those issues BUT!!!!!
AS A FUNDER? OK A BUILDING? IS THAT IT!!! A COMMUNITY? WHAT COMMUNITY WHERE, HOW, WHEN THE USE? WHAT USE? WHEN DO THEY USE IT THE VISION? (NO GRAND DESIGNS PLEASE) THE SUSTAINABILITY? WHATS THE STORY??? WHATS THE COMMUNITIES STORY? TELL THE FUNDER GIVE THEM PASSION AND LOVE It is your community..
CAPITAL FUNDING SOURCES 450 FUNDS THAT FUNDED INTO SURREY AT PRESENT KITCHENS TOILETS ROOFS FOUNDATIONS THE LIST IS ENDLESS constant checklist of who is funding what and when.
LOAN SCHEMES RUN BY DEFRA ACRE CHARITY BANK
TRAINING AVAILABLE JOINTLY BETWEEN DIOCESE OF GUILDFORD AND SURREY COMMUNITY ACTION RUN 3 1XDAY COURSE SPREAD OVER 3 MONTHS NEXT COURSE STARTING? NEXT APRIL
PROBLEMS ALONG THE WAY
Diocese of Arundel and Brighton Sartech Engineering EI Group Ltd. Clarks Shoes, Somerset The Clove Indian Restaurant, Reigate Sainsbury's, Redhill Reigate Hill Golf Club Priory Farm, South Nutfield La Moda Hair Salon, Redhill La Barbe Restaurant, Reigate Godstone Farm Fanny's Farm Shop Donyngs Leisure Centre Cargo Homemaker, Redhill Brewers, Redhill TESA UK Sutton and East Surrey Water Company Rowan Bentall Charitable Trust Raven Community Funding Audi (Crawley) The Lynn Foundation The Really Useful Group Limited The Betty Riseley Trust Esteem Limited Surrey Police "Cash for communities" Gatwick Airport Community Trust Wilkinson Harry Atterton Reigate District Scouts The Lesley Sell Foundation The Shanly Foundation The Fitton Trust HSBC Bank, Reigate Michael Rogers LLC, Reigate Marks and Spencer, Redhill Garfield Weston Foundation Peter Harrison Foundation Morrisons Reigate Sylvia Waddilove Foundation The Rank Foundation Surrey County Council Community Improvement Fund Toyota Fund For A Better Tomorrow Co-Operative Community Fund The Manly Trust The Foyle Foundation Community Foundation for Surrey Sir Harold Hood Charitable Trust Bryn Siriol Fund Atkins Lightning Electrical Installations Lafarge Redhill Aerodrome Raffles of Redhill Viridor Credits Environment Company Surrey Community Action Raven Youth Bank Hedley Foundation Howdens Joinery Kent County Council Xtratherm Ltd. Collier Contracts Awards For All Police and Crime Commissioner for Surrey's Community Safety Fund igas Reigate and Banstead Borough Council Surecare GPM Ltd Doves Redhill MH Bricklaying Gomac Carpentry Origin Frames Ltd. James Wise Charitable Trust Worcester Bosch Group The Richard Cadbury Charitable Trust Huntley Electrical Ltd Johnson's Insulation Supplies Ltd RDO Kitchens & Appliances Whitecroft Lighting Ltd. Aquatron
ANY QUESTIONS? DON T BE SHY NO QUESTION TOO DAFT? WHAT CAN WE DO FOR YOU? Funding lists are available