Emergency Financial Planning
Your club/organisation may already have some existing income and expenditure forecasts or well developed business plans. In unforeseen circumstances, such as these, these plans remain important but are unlikely to reflect the reality of the situation you are currently facing.
It's important to undertake some emergency financial planning for your club/organisation as soon as you possibly can. This guidance note, provided by Sport England Club Matters, has been designed to provide you with some hints and tips on how to do this.
Applying for Funding
Applying for funding can seem difficult; however, Club Matters is here to help. They've come up with five top tips:
- Develop a plan
- Research the best funding for you
- Make sure you are eligible
- Financial planning
- Get support and guidance
If you need additional support in writing a winning application, you can refer to Club Matters additional guidance. Please get in touch with a member of our team if you need further support. You can find all of our contact details here.
Sport England Funding
- Got a Great Idea?: Are you unsure where to start when looking at a Sport England application form? Tell Sport England your idea by answering four simple questions. Sport England will consider how they can help even if they are unable to fund you.
- Return to Play: Small Grants: This fund will make awards of between £300 and £10,000, from a total pot of £10m, to help sport and activity groups, clubs and organisations respond to the immediate challenges of returning to play in a coronavirus-safe way.
- Return to Play: Community Asset Fund: This fund will make awards of between £10,001 and £50,000 from a pot of £5m to help local sports clubs and organisations adapt and open important places and spaces to help their local community return to play safely.
- Return to Play: Active Together: Active Together is a crowdfunding initiative that can match fund, up to £10,000, successful Crowdfunder campaigns from a total pot of £1.5m.
Our Funding Finder allows you to search over 150 different local, regional and national funding sources. It also allows you to filter the funding to signpost you to the most relevant opportunities.
Donations and Fundraising
Fundraising can be a really useful and enjoyable way for sports and community clubs to generate required funding. Fundraising is a common language for most clubs, therefore; this section will collate relevant research that identify how to do it more effectively.
- Are you running out of fundraising ideas that will engage members of your club, as well as their friends and family members? Here is an A-Z of 26 fundraising ideas.
- Are you unsure of the standards expected of a fundraiser? The Fundraising Regulator sets the standards expected of fundraisers in "The Code of Fundraising Practice".
If you want additional information, Sport England have outlined three things to think about and a quick guide to fundraising on their website.
Sponsorship is an avenue worth considering when seeking money to support your club. Businesses large and small are commonly eager to engage in sponsorship opportunities in their local communities. Sponsorship is a two-way agreement, and your club will be required to honour obligations to maintain the sponsorship and build a positive relationship. Learn more about sponsorship from Club Matters.
Additional resources that might be helpful when considering sponsorship:
Sport England have detailed nine other ways that a sport club or community club can generate funding. You can learn more here.