Charities and their fight for survival
06 October 2009
Charities and voluntary organisations these days are having to fight for every donation. This article looks at how charities can cut costs in their fight.
For those not involved with charities and voluntary organisations, the recent news that much of their government funding could soon be slashed could well have escaped your attention. This article looks at what charities of all sizes are going to have to do to survive when the cuts take place. Many non-profit making organisations perform a crucial role in society by helping out the sick, homeless and other members of society who often need help from others. In view of this, the news in recent times that many charities are set to have their government funding cut is terrible news for those who run or manage a charity.
Whatever the reason is for these cuts, the truth is that charities of all types are seriously having to consider how they get funding and support and this is likely to mean some extremely difficult decisions. For many this has already meant redundancies, staff being asked to cut hours and in some cases, the charity having to stop their activities completely.
For many charities, these options are really a last resort and so they should now be taking steps to cut costs whilst at the same time, trying to raise donations. Attracting new and maintaining existing donors is always something charities have fought to do, but the encouraging news for charities is that the credit crunch does not necessarily mean people will stop giving to charity.
In fact, some recent high profile fund raising events like Children in Need in the United Kingdom have seen their best fund raising performance ever. Therefore if there are still people willing to give money, charities are going to have to attract these by being great at marketing. Combined with this, many charities and community groups are looking at some of their largest outgoings and expenses and deciding if these can be cut or reduced.
One such outgoing that all charities face having to pay is the purchase of charity insurance or charity liability insurance. There are now charity insurance experts who can provide quotes to large and small charities that could very often result in insurance savings. A simple search of Google, Yahoo or any online search engine will show a handful of charity insurance brokers who could help your organisation pay less and with every penny now counting more than ever, completing an online form or making a quick phone call could very well be the best use of your time if you and your charity are looking to cut costs.
Using a charity insurance broker and expert also means you do not have to cut cover or service. In fact, by using an insurance for charities expert, you and your charity could actually end up getting more cover for less. Give it a go and make sure your charity survives in the hardest of times.
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