Get checking! | To be successful at fundraising your organisation should either have the following or a plan and timetable by which they will be obtained:
- A constitution, preferably registered with the Charity Commissioners.
- A management committee of at least three people.
- Regular management committee meetings – at least every two months.
- Annual elections for the officers of the committee.
- Minutes of meetings.
- A bank account with instructions that at least two people must sign each cheque.
- A set of internal financial controls. (see CASHFACTS: Financial Controls).
- An annual budget. Larger projects may need a three year budget and cash flow.
- A book-keeping system which is completed at least quarterly with a bank reconciliation. (See CASHFACTS: Bank Reconciliation).
- Quarterly finance reports that compare actual income and expenditure with the budget.
- An auditor or independent examination.
- Public liability insurance and employer’s liability insurance if you are employing people.
- Insurance to cover property and equipment owned by the charity and other specialist insurances.
- An awareness of all the laws that relate to your activities. This might include the Childrens Act or other specific legislation that relates to your client group.
- A complaints’ procedure.
- An equal opportunities policy covering service users, employees, volunteers and the management committee.
- A volunteers’ policy.
- A health and safety policy.
- When people are employed, a recruitment and employment policy, contracts of employment containing a simple disciplinary procedure, person specifications and job descriptions.
- A fundraising strategy and access to directories.
- Induction for new employees, volunteers and management committee members.
- Monitoring and evaluation systems.
Sources of help
Last updated: Mon, Mar 31 2008 - 03:08:13 PM
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