EC Group’s Post

Following the success of our recent 'Missing Millions' report, we're pleased to announce the release of our 'Missing Millions - The Charity Edition' where our research into #revenue leakage across the not-for-profit sector has unearthed some startling insights! Whilst a known issue, revenue leakage chips away at business performance, having a profound effect on the bottom line and if unaddressed can spiral quickly. We surveyed decision makers from #charity organisations who have responsibility for managing #profit and #loss to really get under the hood of the problem... https://lnkd.in/eXpqZA5A

How important is a well designed Annual Report for the non-profit sector? Accountability for non-profit organisations is more important than ever, with charities being placed under increased scrutiny over spending. Annual reports and reviews are a vital tool for many charities to show the impact that they have had in the past year and to assure funders and their wider audience that their money is being used wisely. Lisa was asked to design an annual report to showcase Thrive At Five's impact during the last financial year. https://lnkd.in/eP-xSueN #AnnualReport #ReportAndAccounts #GraphicDesign

Don't forget to vote for the "Profit for Good" session at SOCAP Global. Our session aims to explore ways to create a world where profits benefit impactful charities instead of random investors. Take a moment to support this vision of a better world. #profit4good #socapmarket #socapglobal #forgood #forcharity

Have you heard of the Great Wealth Transfer? Estimates say that between now and 2050, £5.5 trillion of assets will pass from baby boomers to Gen X and Millennial children – and, potentially, to charities too. Join Kate Telfer and Matthew Lagden, ILM CEO, in this special webinar for #SmallCharityWeek. You’ll hear more about the 'The Legacy Decade' and why it’s so important to start investing in legacy income now. #LegacyGiving #CharityFundraising #GiftsInWills

Legacy donors are crucial to the livelihood of charities, but recruiting them can be challenging. 🤔 Learn how and why automation is the solution to one of legacy fundraising's biggest challenges: https://hubs.ly/Q02Glypx0 #legacygiving #fundraising

Insight from our Monitoring & Evaluation Process Our charities show that entering joint bids with peers for funding from trusts and foundations makes them more than the sum of their parts. Joint bids have often been more successful, as many funders find the reduced risk associated with shared delivery appealing. They are a win for charities too; they can share expertise and overcome any individual weaknesses or skill gaps leading to stronger delivery. It also reduces silo working and duplication, resulting in greater impact. In an increasingly tough funding landscape, it can be tempting for small organisations to see each other as competition; but charities might be missing a trick if they do this. However, while collaboration can be fruitful, actioning a plan can be time-consuming and place further strain on resources. #smallcharities #socialchange #socialjustice #funding #socialenterprise #charities #inequality #grantmaking

Donors have the opportunity to maximize their impact by believing in the immense potential of smaller organizations. Organizations like ours, are closest to the work. Once you have found an organization or organizations to support, give them what they need to thrive. Unrestricted funding allows charities to decide how to use funds. This flexibility enables charities, who are in the best position to know how money should be spent, to distribute funds as they see fit.

📢 CAF's Corporate Giving 2024 Report: Key Insights Revealed! 📢 We’re excited to share the highlights from our latest report on corporate giving: 🔹 Generous Contributions: UK businesses collectively donated an impressive £4.29 billion in 2023. 🔹 Potential Impact: If all businesses donated at least 1% of their pre-tax profits, charities could receive an additional £5 billion annually. However, the report also uncovers some challenges: 🔹 FTSE 100 Donations: Fell to £1.82 billion in 2023, marking an 8.3% decline in real terms. 🔹 Donation Trends: Corporate giving has not kept pace with profits over the past decade, with a 13% drop in total donations. Want to see which companies are setting the benchmark in corporate giving and how businesses are making a meaningful difference? Explore the full report here: https://lnkd.in/eauCUUDe #CorporateGiving #FTSE100 #Charity #Philanthropy #CAF

New to legacy giving? Like the idea but you’re already juggling 10 other charity fundraising projects and the last thing you need is another one? We can help. Join Kate Telfer and Matthew Lagden on 25 June to get the low-down on legacy giving: why it’s worth it and how to do it when your time is as tight as your budget. It's free, it's online – and if you take the opportunity to make yourself a cup of tea and drink that at the same time, I don't think anyone will mind. 👀 https://lnkd.in/erJGcBnR #LegacyFundraising #CharityFundraising #SmallCharities #SmallCharityWeek

🍁 Autumn Budget: What It Means for Charities? 🙏 With next week’s autumn budget announcement approaching us, what should Charities be looking out for? ✅ More Funding: New government funds could help charities expand support to more people. ✅ Donation Incentives: Tax relief changes might boost public donations, aiding fundraising. ✅ Support for Vulnerable Groups: If welfare is prioritised, charities focused on at-risk communities may see extra resources. ✅ Green Initiatives: Sustainability funding could support eco-friendly practices in charities. ✅ Collaboration: New budget policies might encourage partnerships across charities, government and businesses. #AutumnBudget #CharitySector #Nonprofits #CommunityImpact #SocialChange