SLIDE 1
Issues
- Scope and Policy
- Fund Distribution to Date
- Remaining Fund
Somerset Flood Relief Fund Presentation 6 th August 2014 Issues - - PowerPoint PPT Presentation
Somerset Flood Relief Fund Presentation 6 th August 2014 Issues - - PowerPoint PPT Presentation
Somerset Flood Relief Fund Presentation 6 th August 2014 Issues Scope and Policy Fund Distribution to Date Remaining Fund Community Need Donor Charity wishes Law Fund Design Households Livelihoods Community Charity Commission
SLIDE 2
SLIDE 3
Fund Design Charity Law Donor wishes Community Need Households Livelihoods Community
SLIDE 4
Charity Commission
- “It is usually charitable to relieve the financial
hardship of anyone who does not have the resources to provide themselves, either on a short or long-term basis.”
- “It would not be within a charity's prevention
- r relief of poverty aims to provide financial
assistance to someone who is neither poor nor in financial hardship, nor at risk of either.”
SLIDE 5
Charity Commission
- “Trustees should have appropriate criteria in
place to guide them in selecting their beneficiaries and to ensure that assistance given to individuals is no more than that actually required to relieve their need.”
- “Controls should include checks on the
integrity of individuals to be funded.”
SLIDE 6
Charity Commission
- “For it to be a proper use of charitable
resources, the amount applied to prevent a person from becoming poor should be reasonable having regard to the circumstances of the case.”
- “In deciding what assistance to offer, charity
trustees should consider what unmet needs the person has, and the practicability of them meeting those needs from their own resources.”
SLIDE 7
Charity Commission
- It is important that the appeal:
– clearly identifies your charity and what it does – explains what the funds will be raised for and how they will be used – lets the public know how to donate to the appeal – explains the gift aid arrangements – says what will happen to any surplus funds
SLIDE 8
Donor expectations
- Diverse!
- Support whole community
- Help those in “greatest need”
- Support microbusiness and farmers
- Support community groups and projects
SLIDE 9
Scope of Flood Relief Fund
- Emergency £250 grants.
- Help those who face additional financial
burdens.
- Local microbusinesses, charities and
community organisations to ensure their survival and swift recovery.
- Support counselling and other support and
community services.
SLIDE 10
Scope of Flood Relief Fund
- “Donations that exceed the immediate need
will be used to help flood-affected communities in Somerset increase their resilience or will be retained for future episodes of flooding.”
SLIDE 11
Scope of Flood Relief Fund
- “Where possible the cost of administering the
Fund will be taken from gift aid receipts, and we anticipate that support costs will not exceed 10% of the total Fund.”
SLIDE 12
Donation & Grants by Month
£- £100,000 £200,000 £300,000 £400,000 £500,000 £600,000 Jan Feb Mar Apr May June July Funds In (mth) Grants awarded (mth)
SLIDE 13
Grant Allocation July 31st
55% 24% 10% 11%
Households Farmers Business Community
- rganisations
SLIDE 14
Household Support
- Phase 1 - emergency relief
- Phase 2 – help with costs during flood
- Phase 3 – recovery of safe and secure home
- Survey grants - £500
- Monkton Elm - £150
SLIDE 15
Phase 1 & 2 (flooded households)
0% 10% 20% 30% 40% 50% 60% 0-£499 £500-£1000 £1,000-£1,500 >£1,500
SLIDE 16
Phase 3
- £400k allocated
- 47 successful applications – 83% have
insurance
- £121,575 distributed
- Average £2,586
SLIDE 17
Phase 1,2 & 3 combined
- Range £1,050 - £11,900
- Average £3,677 (median £3,250)
SLIDE 18
Other grants
- Farm Recovery: £225k (47 farms)
- Other Microbusinesses: £93k (50 businesses)
- Community Support
– Village Agents £42k* – Emergency response (volunteers, 4X4, Westfield, pet recovery, transport, forage distribution) £20k* – Pentathlon Carnival Club £10k* – Community Orgs and Events £3k *part funded by specific donations
SLIDE 19
Hidden and Intangible Costs
- Flat-rate £500 to cover additional hidden
intangible costs
- Eligible for any household on net income less
than £3k per month after mortgage/rent & council tax
- Estimate 95% flooded households eligible
- Can still apply for tangible, direct costs under
Phase 3.
SLIDE 20
Remaining Funds
- Aim to spend fund by March 31 2015
- Focus on households recovery
- £280k - Phase 3 grants
- £110k - 220 x £500 to address ‘hidden costs’
- £50k (4%) – SCF costs
- £30k contingency: will only be spent within
the scope of the flood fund.
SLIDE 21
Predicted final allocation
(net of gift aid and donations for support costs)
64% 17% 8% 7% 4%
Households Farmers Business Community organisations SCF Costs
SLIDE 22