Funding your Future Activity Advice on the variety of sources of - PowerPoint PPT Presentation

Funding your Future Activity Advice on the variety of sources of funding available to clubs and top tips for writing a successful bid.

Session objectives • Tips to find the right funders to support you • Advice on what funders are looking for • Look at different funding sources

Introductions • Where are you from? • Your funding experience?

In groups of three, spend 10 minutes to discuss what you think makes a successful funding bid?

Some ideas…. • Project leader • Project title and description • Demonstrate that there is a need/demand • Detail the benefits of the project • Project delivery plan • Timetable • Project costs • Constitutions

Where to start • Development plan/project plan – be clear on what you want to do • Suitable wording – benefits/research • It is not what you want the funds for but what you will achieve with the money • Project Support

It is not what you want the funds for but what you will achieve with the money

Project support • Existing users • New Users • RYA – Insights (RYA Club Zone) • RYA Regional Development Plan • Active Sports Partnerships • Local Authority

Finding the correct fu fund • Research the funder • Ensure there is funding match for the charity • Build a relationship • Tell a good story, focus on outcomes, keep them simple

Plan and Build an Effective Budget: • Create clear costings, outlining the costs for pilots, the development phase or an investment-ready proposal • Be realistic when breaking down costs; budgets should accurately reflect the planning, research, project delivery and evaluation • Most funding bodies will want to know if you have approached any other funders or secured any other funding • Make sure you have found out if your target funder prefers to be the sole funder or not • Do give details of multi-year funding requirements with a detailed forecast budget

Bid Writing Fundamentals: • Understand exactly what the funder wants to support • Keep things clear with subheadings using the ten point rule • Keep things concise with relevant information and detail to support your application request • Ensure there is a balance between text and statistics • Illustrate your application with case studies, pictures and visual data • Ensure the long-term change of the beneficiary is clearly demonstrated using outcomes, which can be tracked to show change • Ensure the application goes through a rigorous review process

Do’s of writing a successful Bid • Question what you want to do and why it's important • Chose a title for the project that is accessible and self-explanatory • Are you responding to a problem? If so, outline why it needs to be solved • Make time for expansive research around your subject - collate statistics, facts and quotations that prove the need for your proposed activity • Detail how you will go about achieving your aims, referencing short, medium and long-term objectives • Outline what progress you have made to date • Answer all the questions

Don'ts when Writing a Funding Bid • Do not apply to a funder without fully researching their criteria • Do not apply to a funder unless the pre-application process has been completed • Do not apply to a funder unless a needs led assessment is completed • Do not apply to a funder unless the funding budget has been approved and agreed by the project manager • Do not use in house acronyms • Do not over complicate your answer with unnecessary text

Project Sustainability • Develop portfolio of trust and foundation funding opportunities • Develop a bespoke legacy strategy to approach potential legacy donors • Develop local funding opportunities to reach the hearts and minds of potential new supporters • Review your external environment to identify new funding opportunities • Engage in a funding discussion with stakeholders, staff, management, trustees, volunteers, beneficiaries, and the wider community to secure new funding • Increase relationships with local businesses to become their charity of choice

Activity In groups of three, Discuss projects you currently require funding towards or new projects you would like to deliver

Funders

Link

Some funders – find the most suitable

Sources of Funding

What are Sport England trying to achieve? “We want to help local clubs and groups to create high quality, welcoming and financially sustainable facilities”

Community Asset Fund  Value: £15m per annum;  Anticipated size of bids: £1k - £150k  Time frame: No deadline;  What Sport England want to achieve from this investment: • Improve & protect existing sports facilities; • Invest in new & different places that meet the needs of local communities (incl. Target audience); • Ensure capital investment reaches organisations who have not accessed SE funding before .

Successful application titles Recipient Project Title Award Amount Award Date Rock Sailing Club (Holdings) Limited Crowdfund project - Sailing club improvements 44,860 12/11/2018 LRYSA (Leicestershire and Rutland Youth Sa Crowdfund project-Replacement changing and social facilities 55,400 29/10/2018 Aldridge Sailing Club Disabled toilet/changing facility and refurb of existing cha 3,850 06/08/2019 Axe Yacht Club changing room, access and training space upgrade 75,000 21/08/2019 Andrew Simpson Sailing Foundation New Modular Building 50000 25/01/2018 Aldridge Sailing Club Disabled toilet/changing facility and refurb of existing cha 32550 27/06/2018 Arun Yacht Club Repair Damage to River Bank and New Slipway 15000 01/11/2017 Brading Haven Yacht Club Refurbish changing rooms 15000 17/05/2018 Burton Sailing Club Extension to existing concrete launch 45000 21/03/2019 Wallingford Accessible Boat Club Installation of shed, car park, slipway, toilet facilities 7500 19/06/2019

Small l Grants - What Sport Engla land Want to Fund • Get inactive people to become more active • Develop more resilient sporting habits • Lead to more positive attitudes among young people • Develop more diverse volunteers • Improve progression and inclusion in talent development

Small Grants Key facts: • Rolling application • Amounts between £300 - £10k • Projects 1 – 3 years • Projects supporting Sport England's Towards and Active Nation strategy • Additional equipment (new/second-hand) – not replacement • Coaching costs to deliver a programme

Recipient Project Title Award Amount Award Date Swarkestone Sailability Swarkestone Sailability 2010 10,000 30/11/2009 Poole Sailability Replacement Day Sailing boat 4,975 29/01/2010 Wessa Bristol Sailability Purchase of 24 Mk III 3,000 21/06/2010 Hykeham Sailability Increasing Adult Partcipation 10,000 10/01/2012 Telford Sailability Telford Sailability 9,457 27/04/2012 Wealden Sailability Access Liberty 10,000 29/05/2012 Carsington Sailability Access 2012 10,000 12/06/2012 Oxford Sailability Purchase of a Norlin 'Clubster 2.4 Dinghy 10,000 27/07/2012 Sussex Sailability Pursuit of Excellence 10,000 23/08/2012 Peterborough Sailability Ltd Increasing Capacity 10,000 15/03/2014 Waveney Sailability Ltd Waveney Sailability Tractor 7,240 29/07/2015 Sussex Sailability Sussex Sailability High Performance Team 9,984 02/09/2015 Walsall Sailability Group Wheelchair Accessible Pontoon System 10,000 23/09/2015 Hanningfield Sailability Project Hanningfield Sailability Project 8,000 27/10/2015 Hykeham Sailability Limited New Pontoon 2016 10,000 09/03/2016 Telford Sailability Pontoon and training 10,000 25/05/2016 Wimbleball Sailability Pioner Safety Boat 10,000 04/01/2017 Walsall Sailability Group Hoist for disabled sailors 3,000 03/04/2017 Peterborough Sailability Ltd Pontoon Extension 9,737 20/12/2017 Northampton Sailability Venturing Further 10,000 22/05/2019

Awards for All £300 to £10,000 to support what matters to people and communities. • Shape the places and spaces that matter to communities. • Bring more people together and build strong relationships in and across communities. • Enable more people to fulfil their potential.

• Community Foundations Range of local and national funds • Active Partnerships Advice and funding opportunities • Local charities Look into – ask locally • Sailing Charities Make sure you are eligible!

Where to look • Sport England web site • County Sports Partnership • Community Foundations • Local charities • RYA Club Zone • www.trustfunding.org.uk • www.grantsonlinelocal.uk

Sailing charities

Case Studies

• Landfill Communities Fund

LRYSA https://www.crowdfunder.co.uk/sailing-charity-building-a-club-house

• Range of funders • Revenue and capital funders

Summary • Consult - passion • Development plan • Project plan – wider support • Match plan with funder • Complete application – follow guidelines • Successful application – feedback, thank